Friday, June 23, 2006

Morning News

  • Futures are up just a bit here this morning pointing to a slightly higher open.
  • Data on durable goods orders to be released today.
  • 7 people in Miami have been arrested. Police believe the group was in early stages of preparing terror plot. The Sears Tower, and a FBI office in Miami were to be potential targets.
  • Merck's patents on Zocor will expire today.
  • Six Flags considering selling 6 properties the companies ownes.
  • Hitachi Ltd & General Electric to build two nuclear reactors in Texas for NRG Energy Inc.
  • General Motors could be forced to close a car factory in Portugal unless the government finds a way to make the facility more cost effective.
  • New York politician has dropped federal lawsuit which claimed Google Inc. profits from links to child porn.
  • United States eliminated from the World Cup yesterday.
  • Crude Oil is $70.65 per barrel.
  • Wholesale gasoline is $2.11 per gallon.
  • Natural gas back down to $6.41 per unit.
  • Gold pulling back to $583.00 per ounce.
Budd Foxx

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