Morning News
- Futures are pointing to a lower open this morning.
- August Producer Price Index will be released at 8:30 this morning.
- Industrial Production figures for September will be released at 9:15 this morning.
- September Capacity Utilization will also be released this morning.
- European markets are trading to the downside today. In Tokyo the Nikkei 225 did lose ground.
- InterMune reaches a deal with Roche Holdings.
- Callaway Golf warns on quarterly sales.
- Hewlett Packard wins two U.S. defense contracts . The deal reportedly worth $440 million over the 8 year period.
- Sony Corp. to recall 60,000 battery packs in Japan, and also plans to recall another 30,000 in China.
- Google Inc. to go solar. The company going to be capable of providing up to 30% of its peak electricity needs at its headquarters in Mountain View from solar power.
- Wal Mart Stores Inc. reportedly to buy Chinese retail chain.
- Crude oil back to $60.00 per barrel.
- Wholesale gasoline is $1.50 per gallon.
- Natural gas back up to $6.60 per unit.
- Gold inching its way back to $600.00 per ounce.
Budd Foxx
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