Morning News

• Futures are pointing to a lower open this morning.

• August Philidelphia Fed Fund today at 12 pm.

• Weekly Jobless Claims report today before the open at 8:30 am.

• July Leading Indicators at 10 am.

• Google Inc. (GOOG) announces plans to sell 14.2 million shares.

• Washington Redskins owner Daniel Snyder looking to gain more control of Six Flags (PKS)

• Center Financial Corp. (CLFC) has recieved notice from the Nasdaq about possible delisting.

• Crude Oil pulled back yesterday and is currently $63.55 per barrel.

• Gold is currently $443.40 per ounce.

Budd Foxx