Wednesday, April 25, 2007

Morning News

Futures are pointing to a higher open at this point this morning.

March durable goods orders will be released before the open this morning.

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

Energy Dept. will release weekly oil inventories at 10:30 this morning.

Federal Reserve will release its Beige Book this afternoon.

Amazon.com profit doubled on 28% sales growth.

Apple Computer will release earnings after the bell today.

JP Morgan reportedly has threatened to leave New York City if the company doesn't get some financial help building a new skyscraper.

British Airways to delist from the NYSE.

US Airways reportedly plans to order 20-30 aircraft from Boeing.

Crude oil is $64.88 per barrel.

Wholesale gasoline up to $2.22 per gallon.

Natural gas is $7.66 per unit.

Gold currently $689.00 per ounce.

Budd Foxx

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