Wednesday, March 08, 2006

Morning News

  • Futures are pointing to lower open this morning.
  • WeeklyOil Inventories to be released at 10:30 this morning.
  • OPEC meeting in Vienna today. All expectations are that oil output levels will remain unchanged.
  • Google Inc. posted on it's web site last week financial projections for 2006 which they say was a mistake and should not have been posted.
  • Lucent Technologies Inc. has won seven contracts worth up to over $300 million .
  • Girl Dies in China reportedly from the Bird Flu.
  • Harley Davidson to end inventory storage program. The company plans to stop providing warehouse space for dealers in high rent areas and those with little floor space.
  • Crude Oil is $61.46 per barrel.
  • Wholesale Gasoline is $1.61 per gallon.
  • Natural Gas currently $6.68 per unit.
  • Gold pulling back to $551.00 per ounce.
Budd Foxx

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