Wednesday, February 21, 2007

Morning News

Futures are pointing to a lower open this morning.

Consumer Price Index will be released at 8:30 this morning.

January Leading Indicators will be out at 10:00 this morning.

Minutes from the last FOMC meeting will be released this afternoon.

European markets are trading flat to just slightly lower.

In Tokyo the Nikkei 225 did end just a touch lower.

Hewlett-Packard reports a rise of 26% in quarterly profit on strong personal computer, and printer sales.

Anglo America reports a 3 billion dollar buyback program after the company reported a 76% rise in 06' net profit.

JetBlue Airways plans customer bill of rights after week of delays, cancelled flights, and lost belongings.

British Airways to purchase four Boeing 777.

Tony Blair expected to announce a plan to withdraw up to half of its countries troops from Iraq.

Crude oil is lower again today to $58.42 per barrel.

Wholesale gasoline is $1.64 per gallon.

Natural gas is $7.60 per unit.

Gold pulled back yesterday to $662.00 per ounce.

Budd Foxx

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