Tuesday, September 13, 2005

Morning News

  • Futures are down this morning pointing to a lower open.
  • Commerce Department to release Foreign Trade Deficit report this morning.
  • Labor Department to release August Producer Price Index at 8:30 this morning.
  • Nokia (NOK) has raised 3rd quarter earnings and sales guidance.
  • Ford Motor Company has agreed to sell it's Hertz Rental Car for $15 billion.
  • Delta Airlines (DAL) is asking it's pilots to accept another round of concessions.
  • Tropical Storm Ophelia is bearing down on the Carolina's. The storm is expected to make landfall as a category 1 hurricane.
  • Crude Oil is currently $63.70 per barrel.
  • Wholesale price of gasoline is $1.88
  • Gold is $452.20 per ounce down a bit from yesterday's highs.
Budd Foxx

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