Morning News

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

• Circuit City Stores Inc. will post earnings results today.

• Coca Cola Company renews and has plans to expand its partnership with the National Basketball Association.

• Toyota Motor Corp. looking in Tennessee to build a vehicle assembly plant.

• Nokia Corp. and Siemens AG to merge equipment arms. The companies stating they may cut up to 9,000 jobs.

• North Korea reportedly plans to test a long range missile which is believed to have the capability of reaching the United States.

• Over the weekend Geoff Ogilvy won the U.S. Open with a score of 5 over par.

• Crude oil pulling back current price is $69.00 per barrel.

• Wholesale gasoline is $2.00 per gallon.

• Natural gas has pulled back just below $7.00 per unit.

• Gold is currently $571.00 per ounce.

Budd Foxx