Thursday, February 16, 2006

Morning News

  • Futures are pointing to a flat to slightly lower open today.
  • January housing starts to be released today.
  • Weekly jobless claims also to be released today.
  • January Import Price Index to be released.
  • February Philly Fed survey also to be released.
  • Ben Bernanke enters his second day of testifying on Capital Hill today.
  • Amazon.Com Inc. in talks with music companies about a digital music service.
  • Newmont Mining Corp. to pay Indonesia $30 million to end pollution suit.
  • Tyson Foods Inc. to close Nebraska plants and cut close to 1700 jobs.
  • Morgan Stanley lifts it's forcast on oil.
  • Crude Oil is $58.37 per barrel.
  • Wholesale Gasoline up just a bit to $1.42 per gallon.
  • Natural Gas at $7.14 per unit.
  • Gold is currently $544.10 per ounce.
Budd Foxx

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