Wednesday, May 17, 2006

Morning News

  • Futures are pointing to a lower open this morning.
  • Consumer Price Index to be released at 8:30 this morning.
  • Weekly oil inventories also to be released this morning at 10:30.
  • Verizon now saying the company has not turned over any customer records to the government.
  • Hewlett-Packard profit rises 51% on strong computer and printer sales.
  • General Motors to cut 1/3 of its workforce at a plant in England.
  • U.S. senate rejects bill on border security.
  • Government releases video tape of American Airlines plane crashing into the Pentagon on Sept.11 2001.
  • Honda Motor Company to build plant here in the U.S. as part of its global expansion plans.
  • Crude Oil is $69.73 per barrel.
  • Wholesale gasoline currently $2.03 per gallon.
  • Natural gas is $6.35 per unit.
  • Gold moving back up here to $712.00 per ounce.
Budd Foxx

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