Other companies slated to report on Tuesday include
Tuesday's economic calendar includes housing starts and building permits for October at 8:30 a.m. ET. The consensus estimates are at 840,000 and 870,000 respectively, according to
And finally, Monday's after-hours session featured a move higher by beaten-down deals company
(GRPN - Get Report)
, which gained ground after hedge fund Tiger Global Management
disclosed a stake of 65 million class A shares
in the company. That represents 9.9% of Groupon's outstanding class A stock, according to
Groupon shares, which priced at $20 each in the company's initial public offering last November, were last quoted at $3.20, up 3.1%, on extended volume of more than 150,000, according to
Also making headlines late was Dow component
(JPM - Get Report)
, which named Marianne Lake as its next chief financial officer, succeeding Doug Braunstein, who is becoming the bank's vice chairman.
Lake, currently the CFO of the company's consumer and community banking business, is expected to transition into the CFO role during the first quarter of 2013, JPMorgan said.
Written by Michael Baron in New York.
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