Author: 123jump.com Staff
123jump.com
Last Update: 4:14 PM ET June 22 2005
Energy Department reported that crude invenotry is in an upper range of average and has more than a billion barrels for the second week in a row. Oil, though volatile, dropped 95 cents as expected strike in Norway never materialized. Ameritrade agreed to buy TD Waterhouse brokerage unit for $2.9 billion. Ameritrade up 20% and Arbinet-The Exchange dropeed 35% on lower earnings. Fed Chairman and Treasury Secretary will testify to Senate Finace committee tomorrow on China.
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