Wednesday, December 26, 2007

Morning News

Futures are pointing to a flat to slightly higher open this morning.

In Tokyo the Nikkei 225 did end higher.

Crude oil is back up to $94.55 per barrel.

Wholesale gasoline is now $2.40 per gallon.

Natural gas is just above $7.00 per unit.

Gold is $818.00 per ounce.

Berkshire Hathaway to buy 60% stake in Marmon Holdings for a reported $4.5 billion.

Target Corp. warns December same store sales are running well below previous forcast.

Wyeth to sue Teva Pharmaceuticals for patent infringement over heartburn drug.

Michael Klein investment manager at Pacificer LLC one of three people killed in a plane crash.

Toyota hopes to sell 9.85 million vehicles in 2008.

Budd Foxx

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