Morning News

• Futures are pointing to a flat to slightly lower open this morning.

• Weekly Oil Inventories to be released at 10:30 this morning.

• BP Plc. expects lower first quarter production levels due to cold weather in Russia.

• Ryanair saw a rise of 17% in passengers it carried in March from the same time one year ago.

• Goodyear Tire to cut 1,500 jobs and close a plant in the U.K.

• Delta pilots have voted to strike. Pilots wait on union leaders.

• Still waiting for a verdict in the Vioxx trial taking place in New Jersey.

• Crude Oil is $66.34 per barrel.

• Wholesale Gas back up to $1.90 per gallon.

• Natural Gas just above $7.00 per unit.

• Gold backing off just a bit to $588.88 per ounce.

Budd Foxx