Tuesday, February 21, 2006

Morning News

  • Futures are up this morning pointing to a higher open.
  • FED minutes to be released this afternoon.
  • Radio Shack Corp. said yesterday CEO David Edmonson has resigned from the company.
  • General Motors plant in Oklahoma ends production leaving a couple thousand people with out jobs.
  • Proctor & Gamble to sell it's deodorant brands to the Dial Corp. for $420.00 million.
  • Bush administration taking some heat for allowing an Arab company to run U.S. ports. A couple of Republicans are threatening legal action to block the Arab companies from taking over the job.
  • Piper Jaffray holding meetings with 21 of the top solar companies.
  • Crude Oil is $61.25 per barrel.
  • Wholesale Gasoline is $1.52 per gallon.
  • Natural Gas is $7.36 per unit.
  • Gold up just a bit to $555.80 per ounce.
Budd Foxx

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