Friday, August 25, 2006

Morning News

Futures are pointing to a flat to slightly higher open this morning.

European markets are trading to the upside today. In Tokyo the Nikkei 225 experienced a slight decline.

Ben Bernanke will be speaking this morning fron the Federal Reserve Symposium.

A tropical depression near San Juan Puerto Rico forcasted to intensify, and head towards the Gulf of Mexico.

In Alaska Gov. Frank Murkowski seeking contract to build $25 billion natural gas pipeline.

Home Depot to add $3.5 billion to it's stock buyback program.

KB Home notified by the Securities and Exchange Commission that an informal investigation will begin in the companies stock option grants.

Toyota Motor Corp. may delay launch of new models.

Apple Computer to recall 1.8 million laptop battery packs made by Sony.

Crude oil is on the move current price is $73.37 per barrel.

Wholesale gasoline is $1.90 per gallon.

Natural gas at two week highs $7.42 per unit.

Gold flat $631.00 per ounce.

Budd Foxx

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