Friday, February 17, 2006

Morning News

  • Futures a bit weak this morning pointing to a lower open.
  • January Wholesale Inflation to be released today.
  • Producer Price Index also due out today.
  • February Consumer Sentiment Data to be released after the market open today.
  • American International Group Inc. to acquire Taiwan's Central Insurance Co.
  • Keyspan Corp. the largest generator of electricity in New York state reportedly up for sale. Two companies already showing signs of a bidding war are Edison and National Grid.
  • Yesterday a federal judge ordered the Bush administration to release spy documents.
  • Crude Oil up just a bit to $59.62 per barrel.
  • Wholesale Gasoline is $1.46 per gallon.
  • Natural Gas currently $7.28 per unit.
  • Gold up just a bit this morning to $551.10 per ounce.
Budd Foxx

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