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Fifth & Pacific Names New CEO for Juicy Couture Brand

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    FBN's Robert Gray breaks down mid-afternoon market news.

  • Duration 1:00
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I'm Robert very what -- -- Fox Business three stocks moving lower as investors remain focused on Washington and the fiscal cliff negotiations.

Right now the -- near the lows of the session off -- 52 points.

Fifth and Pacific has named former Kenneth Cole chief executive Paul -- deleted struggling Juicy Couture brand.

He takes over as CEO effective immediately back in October the company lowered its full year forecast and blamed the shortfall on sagging sales at -- And computer sciences is selling its GSE credit services unit to -- affects the price tag a billion dollars in cash.

It's part of an effort to focus on next generation technology and services.

TSE has faced several challenges over the past year including a dispute over its contract to provide electronics patient records for Britain's national health service.

That is the latest from the Fox Business Network giving you the power to prosper.