Tuesday, June 12, 2007

Morning News

Futures are pointing to a slightly lower open this morning.

European markets are trading just a bit lower so far today.

In Tokyo the Nikkei 225 did end the day lower.

Crude oil is sitting just under $66.00 per barrel.

Wholesale gasoline is $2.15 per gallon.

Natural gas has pulled back to $7.61 per unit.

Gold is sitting at $655.00 per ounce.

Henery Paulson will be speaking this morning on U.S. competitiveness.

Alan Greenspan is also due to speak today.

Lehman Brothers to kick off earnings season for investment bankers today.

Texas Instruments has cut oulook on earnings by cutting top end expectations by 1 penny.

Yahoo Inc. to hold annual shareholder meeting today.

Dean Foods cuts earnings oulook on fear of rising milk prices.

Apple Computer launching web browser that will run on Windows PCs.

A report is out that states Toyota Motor Corp. did sell more vehicles than General Motors in 2006.

Budd Foxx

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