Morning News

• Futures are down a bit pointing to a slightly lower open.

• The Lundberg Survey which polls 7,000 gas stations accross the country has come up with $3.01 as the national average price paid for unleaded gasoline.

• President Bush to be back in the areas hardest hit by hurricane Katrina today.

• Delta Air Lines (DAL) expected to file for Bankruptcy Protection as early as this week.

• Ebay Inc. (EBAY) to offer $1.3 billion in cash, $1.3 billion in stock, and up to $1.5 billion in incentives for Skype Technologies.

• Crude Oil is currently down just a bit to $63.84 per barrel.

• Wholesale Gasoline is also down just a bit to $1.94

• Gold down slightly to $252.00 per ounce.

Budd Foxx