Morning News

Futures are pointing to a higher open this morning.

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

Final reading on fourth quarter gross domestic product will also be released at 8:30 this morning.

Energy Dept. will release natural gas inventories at 10:30 this morning.

European markets are trading to the upside so far today.

In Tokyo the Nikkei 225 did end the day just a bit higher.

American Airways expected to purchase 47 Boeing aircraft earlier than thought.

Intel Corp. has reached a deal with the IRS in tax investigation.

For the second year in a row no bonus for General Motors executives.

TJX Companies Inc. who owns T.J. Maxx and Marshall's saying up to 45.7 million credit card numbers have been stolen.

Dendreaon Corp. hearing taking place today with the FDA on prostate cancer drug.

McDonalds and KFC under investigation in China for not paying part time workers enough.

Iran has offered to allow U.K. officials to visit with 15 soldiers being held. Iran still demanding that the U.K. admits they entered Iranian waters.

Crude oil is just below $64.00 per barrel.

Wholesale gasoline is $2.05 per gallon.

Natural gas is currently $7.62 per unit.

Gold is $665.00 per ounce.

Budd Foxx