Tuesday, November 06, 2007

Morning News

Futures are pointing to a higher open this morning.

European markets are trading higher so far today.

In Tokyo the Nikkei 225 did end just a bit lower.

Crude oil is on the move upward here current price is $95.83 per barrel.

Wholesale gasoline is up to $2.41 per gallon.

Natural gas sitting just under $8.00 per unit.

Gold on the move $822.00 per ounce.

President Bush will be speaking on free trade today.

Ben Bernanke will be speaking at a conference on microfinance today.

Nortel Networks reports a profit in the third quarter on strong customer orders.

Beazer Homes to halt dividend payment and cut more jobs.

Microsoft to invest $500 million in new European data center.

Google to team up with Motorola, Qualcom, Samsung, Sprint Nextel, and T Mobile with release of phone expected mid 2008.

Budd Foxx

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