Morning News

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

• Employment numbers to be released at 8:30 this morning.

• International Business Machines Corp. to make changes to it's pension plan and revamp it's 401k plan in 2008.

• Sirius Satellite Radio to give Howard Stearn 34 million shares of stock worth $220 million for gaining new subscribers.

• Abercrombie & Fitch Co. said thursday that federal regulators are investigating trading in the companies class A shares.

• Repligen and the University of Michigan suing Bristol Myers Squibb Corp. over alleged patent infringement.

• Crude Oil is $63.26 per barrel.

• Wholesale Gasoline is $1.79 per gallon.

• Natural Gas is $9.83 per unit.

• Gold $529.90 per ounce.

Budd Foxx