Morning News

• Futures are pointing to a flat to slightly higher open.

• Richard Causey ex-Enron Chief Accounting Officer expected to enter guilty plea as early as wednesday.

• Boeing lands another deal in Russia worth $2.2 billion.
  

• Opec to decide at the end of Jan. on production cuts.

• Spending Pulse a retail sales data service from Mastercard reports an increase of 8.7% in holiday spending above 2004 levels.

• Samsung Electronics Co. in talks with Sony Corp. to supply NAND flash memory chips.

• Mayor of New York City Micheal Bloomberg estimates last week's transit strike cost bussinesses $1 billion in revenue.

• Seven & I Holdings Co. to pay $1.13 billion for department store operator Millenium Retailing Inc.

• Crude Oil is $57.88 per barrel.

• Natural Gas is currently $11.44 per unit.

• Wholesale Gasoline is $1.53 per gallon.

• Gold remains above $500.00 currently the price is $509.10 per ounce.

Budd Foxx