Monday, June 20, 2005

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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