Updated from 5:52 a.m. EST to include Home Depot's earnings.
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Here are five things you must know for Tuesday, Nov. 15:
1. -- U.S. stock futures were higher Tuesday with the Dow Jones Industrial Average looking poised to rise for its seventh session in a row.
European stocks edged higher, despite disappointing economic data from Germany. Asian shares finished the session mixed.
The economic calendar in the U.S. on Tuesday includes Retail Sales for October at 8:30 a.m. EST, Export and Import Prices for October at 8:30 a.m., the Empire State Manufacturing Survey for November at 8:30 a.m., and Business Inventories for September at 10 a.m.
Boston Federal Reserve Bank President Eric Rosengren will deliver the keynote address at the Portland Chamber of Commerce in Portand, Maine, at 7:30 a.m., while Fed Vice Chair Stanley Fischer gives the keynote address at the Brookings Institution in Washington at 1:30 p.m.
2. -- Reynolds American (RAI) , the U.S. cigarette maker, is seeking a higher price from British American Tobacco (BTI) - Get Report after rejecting its $47 billion takeover offer, Reuters reported, citing a source familiar with the situation.
British American Tobacco, which already owns 42% of Reynolds American, last month offered to buy the remaining shares of Reynolds American, which makes Camel and Newport cigarettes.
A combination would create the world's biggest listed tobacco company.
The companies are still in talks and BAT is willing to increase the price slightly, according to Bloomberg, which cited people familiar with the matter.
Shares of Reynolds American gained 2.5% in premarket trading on Tuesday. BAT rose slightly in overseas trading.
While still in an exploration phase, the device would connect wirelessly to iPhones, show images and other information in the wearer's field of vision, and may use augmented reality, the people said.
Apple has talked about its glasses project with potential suppliers, Bloomberg reported, citing people familiar with those discussions. The company has ordered small quantities of near-eye displays from one supplier for testing, the people said, but hasn't ordered enough components so far to indicate it would begin mass-production of the glasses anytime soon.
If Apple does decide to proceed with the device, it would be introduced in 2018 at the earliest, another person told Bloomberg.
Google's attempt to develop digital glasses flopped in part because its tiny battery ran out quickly, Bloomberg noted.
4. -- Shopping mall owner Regency Centers (REG) - Get Report agreed to buy Equity One (EQY) for almost $4.6 billion to create the leading REIT in its sector, with a market value of close to $12 billion.
Jacksonville, Fla.-based Regency said late Monday it will offer 0.45 of a Regency share for each Equity One share, which translates into a price of $4.56 billion for Equity One stock and will give the target's shareholders 38% of the enlarged company.
The merger will combine Regency's 307 largely grocery store-anchored centers and their 42.1 million square feet of floor space with an Equity One portfolio comprising 112 malls covering 15 million square feet that are largely in urban locations on the East and West coasts of the U.S., with the highest concentration in Florida and Georgia.
Based on Regency's $69.86 closing price on Monday, the offer price translates into just under $31.44 per Equity One share, which is a near-13% premium to Equity One's $27.87 closing price Monday. Equity One shares jumped 14.8% in after-hours trading on Monday to $31.99.
5. -- Vodafone (VOD) - Get Report posted a first-half operating loss after taking a 5 billion euros writedown on its key business in India, but the group reported better-than-expected core earnings as markets in Europe improved.
Home Depot (HD) - Get Report reported third-quarter earnings of $1.60 a share, 2 cents ahead of estimates as U.S. same-store sales in the quarter rose 5.9%. The home-improvement retailer also raised its forecast for 2016 earnings to $6.33 a share.
Home Depot shares gained 1.7% in premarket trading.