Morning News

• Futures are pointing to a slightly higher open today.

• Oil inventories as well as Natural Gas inventories to be released at 10:30 this morning.

• Weekly Jobless Claims to be released today.

• December Housing Starts also to be released today.

• Walt Disney Co. reportedly in serious talks to buy Pixar Animation.

• After the bell yesterday Apple Computer reported a 95% rise in quarter profits, but the companies forcast offered was a bit short of the street's expectations. The stock did trade down in after hours trading.

• Advanced Micro Devices Inc. reported 4th quarter profit on sales of chips used in computers and servers.

• Amazon.Com Inc. to broadcast original show on it's website.

• Crude Oil is $65.89 per barrel.

• Wholesale Gasoline is $1.77 per gallon.

• Natural Gas currently $8.76 per unit.

• Gold up just a bit this morning to $547.50 per ounce.

Budd Foxx