Friday, March 30, 2007

Morning News

Futures are pointing to a slightly lower open this morning.

Personal income and consumer spending will be released this morning.

University of Michigan will release consumer sentiment poll today.

February construction spending also set for release today.

European markets are trading slightly lower so far today.

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

Dell Computer finding errors in accounting will delay filing 10-K.

Dendreon Corp. will be active in trading today after advisory board to the FDA gives the company thumbs up on experimental prostate cancer drug.

Beazer Homes has recieved subpoena from U.s. Attorney's Office.

Iran continues to hold 15 British soldiers. Reportedly they will air a soldier's confession to entering Iranian waters.

Bad weather in the central plains leaves thousands without power.

Crude oil is now back above $66.00 per barrel.

Wholesale gasoline is $2.14 per gallon.

Natural gas is $7.66 per unit.

Gold sitting just under $670.00 per ounce.

Budd Foxx

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