Morning News

Futures are pointing to a higher open this morning.

European markets are trading higher today.

In Tokyo the Nikkei 225 ended pretty flat.

Crude oil is down below $70.00 per barrel.

Wholesale gasoline is down to $1.87 per gallon.

Natural gas sitting at $5.81 per unit.

Gold is currently $667.00 per ounce.

The Energy Dept. will release weekly oil inventory levels at 10:30 this morning.

Reports are out that TD Ameritrade and E-Trade are in serious merger talks.

Dubai World reportedly planning a $5 billion investment in MGM Mirage.

Toll Brothers reports a 85% drop in third quarter profit.

Toyota Motor Corp. goal for the year of 2009 is to sell 10.4 million vehicles.

First Magnus Financial files for chapter 11 bankruptcy protection.

Hurrcane Dean still a category 1 storm after slamming the Yucatan as a category 5 storm with winds of 165 mph.

Budd Foxx