Monday, November 07, 2005

Morning News

  • Futures are on the flat side this morning pointing to a slightly lower open.
  • September Consumer Credit today at 3pm.
  • Lundberg Survey shows on average a drop of 23 cents per gallon on gasoline nationwide over the past two weeks.
  • City of Philidelphia reaches deal with public transit workers ending strike.
  • Qualcom (QCOM) to sue Nokia Corp. (NOK) Qualcom alleging 12 instances of patent infringement.
  • Yahoo Inc. (YHOO) and Tivo Inc. (TIVO) to announce partnership to blend some of their services.
  • Three day Avian Flu summit taking place in Geneva.
  • Crude Oil is currently $59.87 per barrel.
  • Wholesale Gasoline is $1.58 per gallon.
  • Natural Gasoline is currently $11.16 per unit.
  • Gold pulled back about $17.00 last week due to the strong dollar. It is currently $458.90 per ounce.
Budd Foxx

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