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And good morning everybody we start with a business 1140 on the markets after yesterday's big rally on Wall Street let's -- on what's happening in Europe and has plenty of green on the screen.
Up nearly 1% across the board -- -- taking a check on US futures as we finish off another trading week.
In the US also showing slight gains in pre trading the major averages almost gaining 3%.
Meanwhile BP may cut its dividend the company reportedly considering several options for the -- due July 27 cancel it altogether reduce -- -- something of an IOU promising to pay shareholders later.
Now they've played him for it would cost the company two and a half billion dollars but even with that many analysts say the company has enough cash to pay for the mess in the gulf.
Without filing for bankruptcy the stock rising once again this morning.
After gaining 10% yesterday.
Also yesterday the US Geological Survey increasing its estimate of how much oil was flowing out of the well before it was capped.
It now says as much as 40000 barrels per day escaped up to June the take a look at some of the other top stories we are following an economic news from China inflation rising in -- prices up three point 1% from a year earlier.
Also up compared to April that is putting pressure on Beijing to keep growth on track -- control politically sensitive prices.
Meantime Dell is talking to the SEC about a settlement related to its accounting.
The company saying it will set aside 100 million dollars that -- they -- it costs to settle the case meantime founder and CEO Michael Dell is a target of the probe.
The company says Dell is included in the settlement talks but it thinks a settlement will not prevent him from continuing as the CEO of the stop falling.
About 2% in analysts opera house trading me -- new circuit breaker rules approved by the SEC.
Go into effect today for six months the rules -- full.
Exchanges to briefly halt trading of some stocks that make big swings the NYSE will stop today with five stocks the -- resources.
Genuine -- Harley-Davidson -- -- systems and Zuma holding small stocks will be added.
Next week -- -- take a look at the commodities for you see what oil and gold are doing on this Friday morning.
Well not a whole other well -- down -- -- around 75 dollars a barrel down half of the sense that gold unchanged.
Hopefully -- just coming up -- six -- -- Imus is guests will be congressman Darrell -- so.
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