Thursday, January 25, 2007

Morning News

Futures are pointing to a slightly higher open this morning.

Weekly jobless claims will be released at 8:30 this morning.

Existing home sales for December due to be released this morning.

Natural gas inventories will be released at 10:30 this morning.

Ebay Inc. out with better than expected quarterly results.

Nokia reports a 19% profit jump on 13% revenue growth well above expectations.

Best Buy to open two more stores in China by the end of 2008.

Stan O'Neil of Merrill Lynch recieves a bonus of $47.3 million for 2006.

Crude oil is up just a bit to $55.66 per barrel.

Wholesale gasoline is $1.47 per gallon.

Natural gas currently $7.31 per unit.

Gold sitting at $651.30 a level it hasn't seen since August.

Budd Foxx

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