Friday, January 20, 2006

Morning News

  • Futures are pointing to a lower open this morning.
  • January Consumer Sentiment to be released this morning.
  • Google Inc. plans to fight attempt by the Justice Dept. to find out what it's users are searching for while on the internet.
  • Motorola Inc. 4th quarter profit nearly doubles, but the stock traded down in after hours trading last night due to the companies failure to raise it's financial forcast.
  • The Home Depot to scale back on new store openeings.
  • Reports are out that Ford Motor Company has plans to cut as many as 25,000 jobs over the next four years.
  • Recent Bin Ladan tape will not force Homeland Security officials to raise the national threat level.
  • Oil is up again this morning to $67.21 per barrel.
  • Wholesale Gasoline is $1.79 per gallon.
  • Natural Gas is also up a bit this morning to $9.05 per unit.
  • Gold remains strong current price is $561.00 per ounce.
Budd Foxx

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