Morning News

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

• Nike Inc. CEO William Perez stepping down.

• Walt Disney Co. near a deal to sell it's ABC Radio unit for roughly $3 billion.

• Cal Dive International Inc. to buy Remington Oil and Gas Corp. for around $1.4 billion.

• The Lundberg Survey shows that retail gas prices up another 3 cents on average across the country.

• Livedoor CEO arrested on financial fraud charges.

• Albertson's Inc. reaches deal with Supervalu, CVS, and an investment group to sell the company for $17.4 billion.

• Crude Oil is $68.02 per barrel.

• Wholesale Gasoline is $1.79 per gallon.

• Natural Gas currently $8.83 per unit.

• Gold is up just a bit to $556.90 per ounce.

Budd Foxx