Morning News
- Futures are down pointing to a lower open.
- May Leading Indicators this morning at 10am.
- Boeing Co. (BA) has lost an order from Air Canada which was worth $6 billion for roughly 30 of the companies aircraft.
- Google Inc. (GOOG) reports are out that the company plans to offer it's own version of electric payment system, to compete with Ebay's Paypal system.
- H.J. Heinz Co. has agreed to buy Dranone's (DA) sauces division deal worth $855 million.
- Cablevision (CVC): Dolan family taking steps to take the company private.
- Gold: continues to climb currently $441.90 per ounce.
- Crude Oil on the rise currently trading near $59.00 per barrel
Budd Foxx
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