Monday, April 10, 2006

Morning News

  • Futures are pointing to a flat open this morning.
  • Alcoa set to kick off the begginning of first quarter earnings season when the company reports after the bell today.
  • General Motors reportedly stock-piling auto parts in fears of a Delphi walkout.
  • Walt Disney Co. set to begin offering some of it's popular ABC programs on the internet for free.
  • Harley Davidson Inc. opens first dealership in China over this past weekend.
  • FedEx Freight to raise general service rate by nearly 6% begginning on April 24th.
  • Wal-Mart making some noise with it's desire to get into the banking bussiness.
  • The Lundberg Survey shows gas prices went up 17 cents on average nationwide over the past two weeks.
  • Crude Oil is up again this morning to $68.08 per barrel.
  • Wholesale gasoline has reached $2.00 per gallon.
  • Natural gas remains below $6.80 per unit.
  • Gold reaching that $600.00 per ounce again.
Budd Foxx

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