Here are 10 things you should know for Monday, June 23:
1. -- U.S. stock futures were pointing to a mixed start for Wall Street Monday ahead of housing data.
European stocks fell on slowing eurozone manufacturing and services sectors data while Asian shares ended the session mixed. Japan's Nikkei 225 rose 0.1%.
2. -- The economic calendar in the U.S. on Monday includes existing-home sales for May at 10 a.m. EDT.
3. -- U.S. stocks on Friday rose. The Dow Jones Industrial Average closed up 0.15% to 16,947.08, the S&P 500 gained 0.17% to 1,962.87, another record high and the Nasdaq climbed 0.2% to 4,368.04.
4. -- Oracle (ORCL - Get Report) is close to a deal to buy Micros Systems (MCRS), which sells software used by retailers and hospitality providers, for about $5 billion, The Wall Street Journal reported, citing a person familiar with the matter.
The deal would be Oracle's biggest since its 2010 acquisition of Sun Microsystems for $7.4 billion.The deal would value Micros at more than $67 a share. Micros shares closed Friday at $65.77.
The merger is expected to be announced on Monday.
5. -- BNP Paribas and U.S. prosecutors have agreed to broad terms of a deal in which the bank would pay $8 billion to $9 billion and accept other punishment based on what investigators said is evidence the bank intentionally hid $30 billion of financial transactions that violated U.S. sanctions, the Journal reported, citing people close to the investigation.
6. -- Dropcam, the video-monitoring startup, will be acquired by Nest for $555 million in cash, according to a report from Re/code. Nest was purchased by Google (GOOG) four months ago for $3.2 billion. But Nest said it's undertaking this acquisition of Dropcam on its own, outside of Google.
The deal was signed Friday and has yet to close, Nest said.
7. -- Micron Technology (MU), the flash memory giant, is expected by Wall Street on Monday to report ffiscal third-quarter earnings of 70 cents a share on revenue of #3.89 billion.
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