Morning News

• Futures are down just a bit this morning pointing to a slightly lower open.

• Yesterday Ben Bernanke stated once again that energy and commodity prices could account for the pickup in core inflation.

• Bill Gates to step down from his day to day roll at Microsoft. He plans to spend more time at the Bill Gates and Melinda Gates foundation.

• Oracle raising its fiscal fourth quarter sales forcast.

• Boston Scientific Corp. stating that a court in Delaware has upheld a 2005 verdict in a patent dispute case with Johnson & Johnson.

• Whole Foods Market to stop selling live lobsters and crabs. The company is worried about humane treatment, and quakity of life for the animals.

• The Dow closed back above the 11,000 yesterday after nearly gaining 200 points on the day.

• Crude Oil is $69.70 per barrel.

• Wholesale gasoline currently $2.05 per gallon.

• Natural gas making a move current price is $7.18 per unit.

• Gold moving higher current price is $587.00 per ounce.

Budd Foxx