Morning News Monday June 4th 2007
General News: - The Wall Street Journal ran a story that half of this year’s IPOs are from unprofitable companies. - John Berry says that the Fed is worried about the potential for another Russian crisis. The worry comes from too much liquidity leading to some type of destabilization. - Orders to U.S. factories posted a weaker-than-expected gain in April as declines in demand for cars, planes and boats offset strength in business investment. The Commerce Department that factory orders increased by 0.3 percent in April, the weakest showing in three months. It was less than half of the 0.8…