Morning News

• Futures are pointing to a flat open this morning.

• Producer Price Index to be released today.

• Minutes from the Fed meeting to be released this afternoon.

• Housing starts data also to be released today.

• U.K. board recommends that the state run health service should not buy Exubera from Pfizer Inc.

• Crude oil reaching new record highs in electronic trading.

• Berkshire Hathaway Inc. to buy Russell Corp. for $18.00 per share.

• Wal-Mart Stores Inc. for the second year in a row to allow journalist in the 2 day meetings with top executives from the company.

• Boeing Co. to cut up to 900 jobs at its plant in Wichita.

• Crude Oil continues to go higher current price is $70.76 per barrel.

• Wholesale gasoline going higher to $2.17 per gallon.

• Natural gas is $7.66 per unit.

• Gold made a move up yesterday and is currently $621.00 per ounce.

Budd Foxx