Tuesday, April 24, 2007

Morning News

Futures are pointing to a flat open this morning.

March existing home sales numbers will be released at 10:00 this morning.

Consumer confidence for April also set to be released this morning.

European markets are trading lower today.

In Tokyo the Nikkei 225 did end the day slightly lower.

Target Corp. saying April sales will come in much weaker than forcasted.

Toyota Motor Corp. global sales come in better than General Motors in the first quarter.

Texas Instruments quarterly profit was better than expectations and the company raised forward guidance.

BP saw a decline in profit due to declining oil prices and lower production levels.

Virgin Atlantic reportedly set to buy up to 24 Boeing aircraft.

Crude oil back above $65.00 per barrel.

Wholesale gasoline up to $2.19 per gallon.

Natural gas is $7.56 per unit.

Gold sitting at $695.00 per ounce.

Budd Foxx

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