Friday, October 12, 2007

Morning News

Futures are pointing to a slightly lower open this morning.

European markets are trading lower.

In Tokyo the Nikkei 225 did end lower.

Crude oil is just above $83.00 per barrel.

Wholesale gasoline is $2.05 per gallon.

Natural gas sitting just below $7.00 per unit.

Gold is currently $752.00 per ounce.

September retail sales numbers will be out this morning.

Producer price index for the month of September will be released at 8:30 this morning.

August business inventories due for release at 10:00 this am.

Ben Bernanke will be speaking at a Dallas fed conference this morning.

Al Gore shares the Nobel Peace Prize.

General Electric reporting a quarter which pretty much match expectations.

Oracle Corp. offers to buy BEA Systems Inc. for $17.00 per share.

Budd Foxx

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