Morning News
- Futures are pointing to a higher open this morning.
- January Consumer Price Index to be released at 8:30 this morning.
- President Bush not backing down from his decision to allow an Arab owned company to take over operations at six U.S. ports.
- Energy Dept. will release oil inventories on Thursday this week due to the holiday on Monday.
- Alaska officials have made a deal with Exxon Mobil, BP, and Conoco Phillips for a natural gas pipeline. The project not expected to begin until 2012.
- Baidu.Com released earnings yesterday after the bell and the company did beat expectations. Share price jumped, and the stock should be active today.
- Crude Oil is $62.10 per barrel.
- Wholesale Gasoline $1.43 per gallon.
- Natural Gas currently $7.63 per unit.
- Gold backing off just a bit to $554.60 per ounce.
posted by Gordengekko at 6:54 AM
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