Detailed text transcripts for TV channel - FOXNEWS - 20120802:20:01:00
Profits plunge 41 percent over weakness in europe. kelloggs hit by higher commodity prices and trouble over seas and prices are dropping. stocks are getting hammered with the dow down four days in a row. down 90 today. and former u.b.s. chairman says worry about another double dip recession. >>guest: there is frye chance that could happen. it is happening in europe. some of the slow down and corporate earnings is because we have about 30 percent of our profits coming from outside the united states and we are not impervious. >>eric: g.m. numbers were bad, 41 percent and blaming it on europe but...
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