Monday, November 28, 2005

Morning News

  • Futures are up pointing to a slightly higher open this morning.
  • October Existing Home Sales to be released today.
  • Weekend holiday shopping up 22% with shoppers spending $27.9 billion.
  • Merck & Co. could announce as early as today restructuring plan which includes job cuts.
  • Swiss Pharmaceutical company Roche to supply Taiwan with an additional 1.3 million orders of Tamiflu as a precaution against a pandemic.
  • Apple Computer's iPod among top sellers for online retailer Amazon.Com
  • Latest Harry Potter movie takes in $201.1 million in 10 days.
  • Coal Mine explosion in China leaves 68 dead with 79 workers still missing over the weekend.
  • Crude Oil is down this morning current price is $57.61 per barrel.
  • Wholesale Gasoline is $1.43 per gallon.
  • Natural gas is currently $11.47 per unit.
  • Gold is up this morning currently $497.70 per ounce.
Budd Foxx

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