Tuesday, February 13, 2007

Morning News

Futures are pointing to a slightly higher open this morning.

European markets are trading up just a bit so far today.

In Tokyo the Nikkei 225 saw another up day.

Data on the US trade gap will be released before the open this morning.

Alcoa inc. reportedly could be the target of takeover bids.

Honda recalling over 45,000 Civic Hybrids.

General Motors reportedly will release incentive program which includes 0% financing again.

Johnson & Johnson accused of improper marketing practices outside the United States.

WCI Communities has hired Goldman Sachs in a move the company is saying to explore options.

Yum Brands beats the street despite drop in sales out of Taco Bell.

North Korea has reportedly agreed to shut down its main nuclear reactor.

Crude oil took a hit yesterday and is currently $57.61 per barrel.

Wholesale gasoline is $1.55 per gallon.

Natural gas is $7.21 per unit.

Gold sitting just under $670.00 per ounce.

Budd Foxx

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