Monday, July 25, 2005

Morning News

  • Futures are pointing to a lower open this morning.
  • June Existing Home Sales Report due out this morning.
  • Teva Pharmaceuticals (TEVA) reportedly in advanced talks with Ivax Corp (IVX).
  • Prudential has raised price target on Home Depot to $53.00 from $50.00 per share.
  • J.P. Morgan has cut Fortune Brands (FO) '05 and '06 earnings per share estimates.
  • Merrill Lynch is lifting Google (GOOG) earnings per share targets for '05 and '06.
  • Crude Oil is currently $58.32 per barrel.
  • Gold is currently $424.90 per ounce.
Budd Foxx

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