Morning News

• Futures are to the upside this morning pointing to a slightly higher open.

• Weekly Oil Inventories to be released this morning at 10:30.

• NYSE members approve merger with Archipelago.

• General Motors Corp. elects Fredrick Henderson Chief Financial Officer.

• Calpine Corp. shares after being delisted by the New York Stock Exchange trading on the Pink Sheets.

• RealNetworks Inc. has approved a $100 million share buyback program.

• Microsoft and Google reportedly intensively trying to land deal with Time Warner's AOL division.

• Boyd Gaming Corp. has purchased 125 acre site in Pennsylvania now to apply for gambling license.

• Crude Oil is up this morning currently $60.34 a barrel.

• Wholesale Gasoline is $1.59 per gallon.

• Natural Gas is also up today currently $13.70 per unit.

• Gold remains strong $517.10 per ounce.

Budd Foxx