NEW YORK (TheStreet) -- Here are 10 things you should know for Tuesday, Nov. 11:
1. -- U.S. stock futures were higher as global stocks got another boost from record closes on Wall Street.
European stocks rose on the back of strong earnings reports. Asian stocks ended mixed but the Nikkei in Tokyo rose 2.1% and closed at a seven-year high on renewed weakness in the yen.
2. -- The economic calendar in the U.S. on Tuesday is empty. Stock markets are open but bond markets will be closed for Veterans Day.
The Chinese e-commerce giant said sales at 17 hours into the event were $6.96 billion. Total sales for last year's Singles Day were $5.75 billion.
Sales are expected in the range of 50 billion yuan ($8.17 billion), up 40% from last year, Ben Cavender, principal at China Market Research Group, told CNBC.
5. -- Google (GOOG) - Get Report signed a 60-year lease for part of a historic Navy air base, where it plans to renovate three hangars and use them for aviation, space exploration and robotics projects.
The tech giant will pay $1.16 billion in rent over the life of the lease. The property also includes a working air field, golf course and other buildings. The 1,000-acre site is part of the former Moffett Field Naval Air Station on the San Francisco Peninsula.
Google plans to invest more than $200 million to refurbish the hangars and add other improvements, including a museum or educational facility that will showcase the history of Moffett and Silicon Valley, according to a statement from NASA. The space agency said Google subsidiary Planetary Ventures LLC will use the hangars for "research, development, assembly and testing in the areas of space exploration, aviation, rover/robotics and other emerging technologies."
6. -- Juniper Networks (JNPR) - Get Report said Monday that CEO Shaygan Kheradpir resigned and stepped down from the board of the computer network equipment maker following "a review by the board of directors of his leadership and his conduct in connection with a particular negotiation with a customer."
Juniper said in a press release that it and Kheradpir have "different perspectives" on the issue and that the review that led to his departure won't bring about a restatement of its financial results.
Rami Rahim was named as CEO, effective immediately. Rahim was in charge of development and innovation.
Casino revenue rose 0.3% in the quarter, while total revenue rose 6% to $2.21 billion, which was in line with analysts' expectations.
The cloud company earned 18 cents a share in the third quarter, beating the 16 cents analysts expected. Revenue rose 18.4% to $459.8 million.
Rackspace said it expects to report fourth-quarter revenue of $469 million to $477 million. Analysts expect $477 million.
-- Written by Joseph Woelfel
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