Wednesday, June 08, 2005

Morning News

Futures are up pointing to a higher open this morning.
April Wholesale Trade numbers out today at 10 am.
Cisco Systems wins patent infringement lawsuit brought on by Storage Technologies (STK) avoiding a 3 billion dollar payout.
Texas Instruments Inc. (TXN) raises it's second quarter earnings forcast.
Piper Jaffray raises price target on Advanced Medical Optics (EYE)to $44.00 a share.
Furniture Brands (FBN) to close down 4 manufactoring plants which will cut over 1,200 jobs by September or October.
Oil $53.25 per barrel.
Gold $427.00 per ounce.

Budd Foxx

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