Morning News

• Futures are pointing to a flat to slightly higher open this morning.

• After the close yesterday Texas Instruments Inc. reported 4th quarter income rose 34% from 1 year ago. Total sales did come in a bit shy of analysts expectations.

• Goldman Sachs upgraded Wal-Mart Stores to outperform.

• DaimlerChrysler reports are out that the company will cut 20% of management jobs over the next three years.

• Sirius Satellite Radio executives developing a document that will set boundaries for Howard Stern and other shock jocks.

• Jury selection set to begin today in 4th Vioxx trial.

• Crude Oil is $67.37 per barrel.

• Wholesale Gasoline is $1.77 per gallon.

• Natural Gas is currently $8.58 per unit.

• Gold is down just a bit this morning to $556.90 per ounce.

Budd Foxx