Friday, December 02, 2005

Morning News

  • Futures are flat this morning pointing to a slightly higher open.
  • November Jobs Report out this morning at 8:30.
  • Ford Motor Company considering closing 5 of it's North American plants which could lead to a loss of up to 7,500 jobs.
  • Calpine Corp. has warned the company could be heading to bankruptcy.
  • Costco Wholesale Corp. sues Washington State for the right to purchase beer and wine from out of state.
  • Cablevision supports "A La Carte" cable pricing.
  • A University of Minnesota survey shows many U.S. companies have no plan in place for a flu pandemic.
  • Crude Oil is up a bit this morning to $58.61 per barrel.
  • Wholesale Gasoline is also up currently $1.56 per gallon.
  • Natural Gas also up as colder temps. expected in the Northeast currently $13.13 per unit.
  • Gold continues to climb currently $508.80 per ounce.
Budd Foxx

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