Morning News

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

• Commerce Department to release report on January new home sales today.

• Reports are out that Apple Computer could be intrested in buying Walt Disney & Company.

• National Grid to buy KeySpan Corp. for $7.3 billion.

• The Lundberg Survey shows retail gas prices fell 6 cents on average over the past two weeks.

• China Officials fear a Massive Bird Flu outbreak is likely.

• Crude Oil down this morning to $61.98 per barrel.

• Wholesale Gasoline is $1.51 per gallon.

• Natural Gas $7.08 per unit.

• Gold down slightly this am. to $558.40 per ounce.

Budd Foxx