Morning News

• Futures are weak look for a lower open this am.

• July NAHB survey today at 1pm.

• Alan Greenspan will be before congress this week with his most recent report.

• Whirlpool Corp. (WHR) to offer $1.33 billion for Maytag Corp. (MYG).

• Warner Bros (TWX) Charlie and The Chocolate Factory leads the way this weekend at the box office taking in $55.4 million.

• Latest Harry Potter book sells 6.9 million copies in first 24 hours.

• Hurricane Emily has forced Mexico to evacuate offshore platforms. The disruption could be as high as 480,000 barrels per day.

• Crude oil is currently just over $58.00 per barrel.

• Gold is slightly higher this morning currently $421.60 per ounce.

Budd Foxx