Tuesday, January 17, 2006

Morning News

  • Futures are down pointing to a lower open today.
  • December Industrial Production Report to be released today.
  • Alcoa to offer 401k retirement plan for salaried employees joining the company after March 1st, in a move to phase out traditional pension plans.
  • CanWest Interactive operator of Canada.Com and Google Inc. enter a multi year partnership.
  • Beijing plans to build Disney theme park by 2010
  • SEC to vote on rules for executive pay. The vote is to decide if companies need to provide more details about executives pay packages.
  • Airbus has beaten out Boeing on orders as well as plane deliveries over the past year.
  • Oil moving up again current price is $65.40 per barrel.
  • Wholesale Gasoline is $1.76 per gallon.
  • Natural Gas is $8.87 per unit.
  • Gold is $558.50 per ounce.
Budd Foxx

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