Tuesday, February 28, 2006

Morning News

  • Futures pointing to a flat to slightly lower open this morning.
  • Fourth quarter GDP expected to be revised slightly higher.
  • February Consumer Confidence to be released today.
  • February Chicago PMI also due to be released today.
  • Reports are out that Microsoft Corp. planning a new hand held device with features of a personal computer, and a digital music player.
  • New York Stock Exchange and Archipelago Holdings secure clearance needed to move forward with transaction.
  • Intel Corp. to build a $300 million facility in southern Vietnam.
  • Apple Computer to hold media event today.
  • Overstock.Com to restate financial results for the past four years.
  • Crude Oil is $60.85 per barrel.
  • Wholesale Gasoline is $1.52 per gallon.
  • Natural Gas currently $6.73 per unit.
  • Gold up just a bit to $558.70 per ounce.
Budd Foxx

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