Wednesday, November 30, 2005

Morning News

  • Futures are down slightly this morning pointing to a lower open.
  • Weekly Oil Inventories to be released at 10:30 this morning.
  • Preliminary Q3 Real GDP Report out at 8:30 this morning.
  • Beige Book today as well at 2pm.
  • November Chicago PMI 10am today.
  • Reporting Earnings today include: DBRN, FRK, HURC, JBX, RSC, RY, SFD, SNPS, and TIF
  • Ebay seems to be Cyber Monday's big winner.
  • Ford Motor Co. to cut production of it's luxury brand Jaguar by up to 7%
  • Microsoft releasing new security service. The PC package will free until next year when the company plans to charge a monthly fee.
  • British Airways to cut up to 600 management jobs in a cost reduction move.
  • Anheuser Busch to shift advertising from network tv. to cable and the internet.
  • Crude Oil is currently just above $56.00 per barrel.
  • Wholesale Gasoline down to $1.39 per gallon.
  • Natural Gas is up a bit this morning to $11.90 per unit.
  • Gold is currently $495.10 per ounce.
Budd Foxx

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