Wednesday, November 23, 2005

Morning News

  • Futures are pointing to a flat to slightly weaker open.
  • Weekly Oil Inventories to be released this morning at 10:30 also to be released a day early is the Natural Gas Inventories due to the holiday.
  • Weekly Jobless Claims also to be released this morning.
  • University of Michigan to release final November reading of Consumer Sentiment today.
  • A few of the companies reporting earnings today: HRL, MBT, PDCO, and TD
  • McDonalds to launch a reloadable gift card just in time for the holiday season.
  • Research in Motion (RIMM) has lowerd it's third quarter forcast for subscriber additions. The company has also lowered it's fourth quarter expectations for subscriber additions.
  • South Korea's Fair Trade Commission looking into Samsung Electronics and it's transaction when it supplied NAND chips to Apple Computer.
  • Crude Oil is currently $58.28 per barrel.
  • Wholesale Gasoline is $1.48 per gallon.
  • Natural Gas is currently $11.57 per unit.
  • Gold $489.20 per ounce.
Budd Foxx

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