Morning News

• Futures look weak again this morning pointing to a lower open.

• Energy Dept. to release oil inventories at 10:30 this morning.

• Earnings watch: Advanced Micro Devices Inc. (AMD) Circuit City Stores inc. (CC) Gannett Co. (GCI) Harley Davidson Inc. (HDI) and Lam Research Corp. (LRCX)

• High oil prices and Iran nuclear talk pressure the markets.

• Nasdaq takes over nearly 15% stake in the London Stock Exchange for $781.7 million.

• DiamlerChrysler expects it's profit to rise in 2006 after job cuts.

• China to lift it's ban on U.S. beef.

• Google Inc. CEO expects great revenue growth in China and also plans to have thousands of engineers working in that country in the future.

• Fidelity now largest shareholder in United Air and is building stake in American Airlines.

• Legg Mason Inc. to replace Guidant Corp. in the S&P 500.

• Research In Motion looking to China for future growth.

• Crude Oil is $68.98 per barrel.

• Wholesale Gasoline continues its upward move to $2.04 per gallon.

• Natural gas currently $6.98 per unit.

• Gold is currently $599.70 per ounce.

Budd Foxx