Thursday, April 26, 2007

Morning News

Futures are mixed this morning. Dow futures are pointing to a flat open while Nasdaq futures are pointing to a stronger open.

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

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

European markets are trading higher so far today.

In Tokyo the Nikkei 225 did end the day higher.

Apple Computer reports a 88% profit rise on strong Mac sales as well as iPod sales. The stock was trading at a 52 week high in after hours trading last night.

NutriSystem Inc. reports strong quarterly results and lifts outlook for 2007.

Delta Air Lines has gotten ok from federal bankruptcy judge to exit bankruptcy protection which it filed for back in 2005.

Wendy's International reportedly exploring possible sale of the company.

Crude oil up yesterday current price is $65.42 per barrel.

Wholesale gasoline is up to $2.27 per gallon.

Natural gas is $7.65 per unit.

Gold is $687.00 per ounce.

Budd Foxx

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