Tuesday, March 20, 2007

Morning News

Futures are pointing to a weaker open this morning.

February housing starts will be released at 8:30 this morning.

February building permit numbers will also be released this morning.

Fed will kick off two day meeting on interest rates today.

European markets are trading to the downside so far today.

In Tokyo the Nikkei 225 did end the session higher.

Dell Inc. hopes to double sales in India in the near term.

Delta Airlines to give 39,000 employees $480 million in cash and stock once the company comes out of bankruptcy.

Yahoo Inc. expanding search service in mobile phones.

State Farm to look into over 35,00 claims filed from Katrina to free up more money for payments in the south.

Bank of Japan leaves interest rates unchanged.

106 people are dead after a coal mine explosion in Russia.

Saddam Hussein's deputy has been executed.

Crude oil is $56.92 per barrel.

Wholesale gasoline is $1.95 per gallon.

Natural gas is $6.83 per unit.

Gold sitting right at $655.00 per ounce.

Budd Foxx

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