Morning News

• Futures are a bit weak this morning we could see a slightly lower open today.

• Natural Gas inventories to be released this morning.

• Weekly Jobless Claims also due to be released today.

• Retail same store sales for February will be in focus today.

• Imclone Systems and Brystol Myers Squibb have gotten approval from the Food and Drug Administration for Erbitux to treat head and neck cancer.

• Chevron Corp. to cut up to 700 jobs part of a restructuring plan.

• Pilot strikes loom for Northwest and Delta Airlines after negotiations fail.

• Northeast preparing for another snap of cold weather and snow.

• Crude Oil is up a bit to $62.52 per barrel.

• Wholesale Gasoline is $1.64 per gallon.

• Natural Gas remains near 1 year lows at $6.81 per unit.

• Gold holding at $566.00 per ounce.

Budd Foxx