Monday, December 18, 2006

Morning News

Futures are pointing to a higher open this morning.

In Europe markets are flat to slightly higher today. In Tokyo the Nikkei 225 did experience another up day.

Dell Computer receives letter from the Nasdaq stating the company is not in compliance with listing requirements.

Reports are out that Express Scripts is ready to make an offer for Caremark Rx Inc. as early as today.

Delta Airlines reportedly will file reorganization plan as early as Tuesday.

The Lundberg Survey shows an increase of 2 cents per gallon of gasoline over the past two weeks. The national average for a gallon of unleaded gasoline is $2.29

Airbus A380 reportedly could have problems with fuel tanks.

North Korea threatens more nuclear activity if the UN will not lift sanctions.

Reports are out that John Edwards is preparing another run at the White House.

Crude oil is just over $63.00 per barrel.

Wholesale gasoline is $1.69 per gallon.

Natural gas is just above $7.00 per unit.

Gold is $621.00 per ounce.

Budd Foxx

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