Monday, March 06, 2006

Morning News

  • Futures are pointing to a slightly higher open this morning.
  • AT&T To buy phone company BellSouth Corp.
  • Research In Motion agreed late on Friday to pay NTP Inc. $612.5 million to settle long standing patent dispute.
  • OPEC set to meet this week. Expectations are with oil remaining above 60 bucks a barrel output will be unchanged.
  • General Motors looking to sell most of is stake in Suzuki Motors.
  • Citigroup upgrades Intel Corp. to a buy from a hold.
  • The movie Crash takes home the Oscar for best picture last night. Lions Gate Entertainment Corp. becomes the first independent studio in 5 years to take best picture at the Oscar's.
  • Crude Oil is $63.45 per barrel.
  • Wholesale Gasoline is $1.71 per gallon.
  • Natural Gas currently $6.71 per unit.
  • Gold is $568.70 per ounce.
Budd Foxx

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