Friday, May 26, 2006

Morning news

  • Futures are pointing to a slightly lower open this morning.
  • University of Michigan to release final reading on consumer sentiment at 9:45 this morning.
  • April personal income and spending also to be released today.
  • U.S. Senate has passed immigration bill on a vote of 62 - 36.
  • Texas jury finds Kenneth Lay and Jeffrey Skilling guilty on almost all charges against them in the Enron trial.
  • Google Inc. and Dell teaming up to factory install Google desktop tools in Dell computers.
  • General Motors upgraded for the second time in three days.
  • Reports are out that John Snow will leave his post as Treasury Secratary within the next two months.
  • Las Vegas Sands has been chosen to build Singapore's first casino.
  • Crude oil is back up to $71.64 per barrel.
  • Wholesale gasoline is $2.10 per gallon.
  • Natural gas up a bit to $6.53 per unit.
  • Gold getting some back current price is $653.00 per ounce.
Budd Foxx

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