Wednesday, April 26, 2006

Morning News

  • Futures are flat to slightly higher this morning.
  • Weekly oil inventories to be released at 10:30 this morning.
  • Durable goods orders also to be out today.
  • March new home sales will also be released today.
  • Microsoft Corp. to buy privately held Massive Inc. The company places ads in video games. The deal reportedly worth as much as $400 million.
  • Honda Motor Company profits soar on big sales.
  • President Bush haults filling of emergency oil reserve. He calls the move a short term sollution to put more oil on the market. Many experts think this will do little to nothing to gas prices we pay at the pumps.
  • AT&T Inc. to offer a consumer DSL service with twice the speed of its current plan.
  • Crude Oil is $72.92 per barrel.
  • Wholesale Gasoline has dipped just a bit to $2.13 per gallon.
  • Natural gas remains just above $7.00 per unit.
  • Gold is currently $634.00 per ounce.
Budd Foxx

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