Updated from 6:46 a.m. EST.
Here are 10 things you should know for Monday, Feb. 24:
1.-- U.S. stock futures turned higher on Monday despite declines in Asia after a slower increase in Chinese property prices.
European stocks were rising slightly after trading lower earlier following an an unexpectedly positive reading of German business confidence.
Japan's Nikkei 225 index closed 0.2% lower. China's Shanghai Composite Index fell 1.7%.
2.-- The economic calendar in the U.S. on Monday is bare.
3.-- U.S. stocks on Friday fell as comments from the Federal Reserve suggested the central bank will continue to scale back its economic stimulus program.
The Dow Jones Industrial Average lost 0.19% to close at 16,103.30 while the S&P 500 dropped 0.19% to 1,836.25. The Nasdaq decreased 0.1% to 4,263.41.
The companies didn't disclose the terms of the deal. In the past, Netflix has resisted paying fees to Internet companies.
Netflix shares fell 0.5% in premarket trading to $432. Comcast rose 1.5% to $51.80. 6. -- IBM (IBM) revealed a more than $1 billion cloud platform-as-a-service investment on Monday, opening its middleware to the cloud for the first time and bolstering the connectivity of enterprise applications and data to the cloud. The investment was disclosed to more than 9,000 clients, partners and developers at IBM's Feb. 23-26 cloud conference in Las Vegas.
The stock was falling 3.1% in premarket trading to $52.65.
8.-- General Electric (GE) plans to intensify research focusing on complex energy projects such as waterless fracking and gas turbine efficiency by earmarking an additional $10 billion through 2020 for its "ecoimagination" budget, Reuters reported. The new spending is set to be announced by CEO Jeff Immelt on Monday, Reuters said.
The stock rose 0.3% in premarket trading to $25.01. 9. -- Vehicle rental giant Hertz (HTZ) is expected by analysts on Monday to report fourth-quarter earnings of 32 cents a share on revenue of $2.62 billion.
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