Morning News

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

Energy Dept. will release oil inventories at 10:30 this morning.

European markets are trading to the upside today. In Asia markets did recover after yesterday's drop.

Ericsson to buy Redback Networks for $2.1 billion.

Texas Pacific Group and Apollo Management to pay $90.00 a share for Harrah's Entertainment.

Don Carty named Dell Vice Chairman and Chief Financial Officer.

FoxHollow Technologies cuts its sales outlook.

Christopher & Banks forcast earnings for the 4th quarter below expectations.

Goldman Sachs CEO to recieve salary and bonus of $53.4 million for 2006.

Ticketmaster investing $13.3 million for 25% stake in iLike.com

Crude oil is currently $63.58 per barrel.

Wholesale gas remains just below $1.70 per gallon.

Natural gas is just above $7.00 per unit.

Gold is $627.00 per ounce.

Budd Foxx