NEW YORK (TheStreet) -- Global shares rallied early on Wednesday and oil was off its 11-year lows ahead of a data-heavy day for the U.S. The Bureau of Economic Analysis inadvertently released figures on U.S. personal consumption, which were in line with expectations in November, posting a monthly increase of 0.3%. The full data will be released at 08:30 a.m. ET.
- Action Alerts PLUS portfolio name Apple (AAPL) has changed its rules to allow shareholders to nominate board members, the Financial Times reports. Investors will be able to nominate a board member if they have held at least 3% of the company's shares for at least three years.
- Quarter-on-quarter economic growth in the U.K. was slightly revised down for the third quarter to 0.4% in the third and final reading, vs. the 0.5% in a previous estimate published a month ago. Year-on-year growth was revised down by 0.2 percentage points to 2.1%.
- Italy's industrial sector enjoyed a strong October, data show. Industrial orders rose by 4.6% in the month, reversing September's 2.1% fall, while industrial sales increased by 2%.
- Growth Seeker portfolio holding Amazon.com (AMZN) seeks to ease its ties with parcel delivery firm United Parcel Service (UPS) as it counts shipping costs as its fastest-rising expense, the WallStreet Journal reports.