Morning News
- Futures are pointing to a slightly higher open this morning.
- Investment Group consisting of Cerberus Group, Kimco Realty, and Supervalue Inc. likely to win auction for Albertsons for $9.6 billion.
- BellSouth Corp. to cut 1,500 jobs mostly management positions.
- Former HealthSouth Corp. CEO Richard Scrushy suing the company for more than $70 million.
- Transit workers in NYC report to work this morning. Fears were the transit workers would begin a strike today have been delayed as Union leaders and the Transit Agency continue talks.
- Today is the last day on regular radio for Howard Stern. He will now be heard on Sirius Satellite Radio beggining in Jan.
- Crude oil continues to pull back currently $59.57 per barrel.
- Wholesale Gasoline is $1.59 per gallon.
- Natural Gas has really pulled back here to $13.50 per unit.
- Gold is up slightly this morning to $507.80 per ounce.
posted by Gordengekko at 7:04 AM
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