Morning News Roundup

Here are some highlights from this morning's news and notes:

• Lowe's says mortgage woes could affect some markets
• J. Crew profiled in New America section of IBD
• Mortgage Applications +2.8% for the week ended 3/9
• Commscope upgraded to Buy at Oppenheimer- tgt $47
• Time Warner Cable initiated with a Neutral at Goldman
• Google China opens website navigation service
• BofA makes positive comments on AAPL
• Current Account Deficit -$195.8 bln vs -$203.5 bln consensus
• Home Depot's Blake remains 'on the cautious side' for 2007
• FDA orders sleep disorder drugs to carry stronger language about risks

long AAPL