NEW YORK (TheStreet) -- Here are 10 things you should know for Tuesday, Nov. 25:
1. -- U.S. stock futures were rising Tuesday ahead of data on growth in the U.S. economy.
European stocks rose after a report from Germany's Federal Statistics office showed that growth is gathering pace in Europe's largest economy.
The Statistics Office confirmed an earlier estimate that German GDP rose 0.1% in the third quarter from the previous quarter, boosted by strong household consumer spending.
Asian stocks ended Tuesday's session mostly lower.
2. -- The economic calendar in the U.S. on Tuesday includes the second estimate of third-quarter GDP at 8:30 a.m. EST, the Case-Shiller 20-city Index for September at 9 a.m., the FHFA Housing Price Index for September at 9 a.m. and consumer confidence for November at 10 a.m.
3. -- U.S. stocks finished with a record close on Monday, boosted by hopes that stimulus from central banks would revive global growth.
The S&P 500 rose 0.4% to close at 2,069.41, an all-time high. The Dow Jones Industrial Average rose less than 0.1% to 17,817.90. The Nasdaq gained 0.9%.
4. -- Walmart's (WMT) - Get Report chief merchandising officer, Duncan Mac Naughton, is expected to announce his departure from the giant retailer this week, just days ahead of Black Friday, people familiar with the matter told The Wall Street Journal.
Mac Naughton joined Walmart in 2009 as chief merchandising officer of Wal-Mart Canada and moved over to the merchandising operations at the U.S. business in 2010.
Walmart's U.S. division has struggled to boost sales for two years. Last quarter, Walmart posted its first sales increase since 2012.
Mac Naughton was considered a potential successor to lead Walmart's U.S. business when U.S. CEO Bill Simon announced his resignation in July, according to the Journal. Walmart replaced Simon with Asia chief Greg Foran.
HP, the computer and printer maker, posted earnings of $1.01 a share in the year-earlier quarter.
6. -- Honda (HMC) - Get Report failed to notify U.S. safety regulators of 1,729 claims of injuries and deaths related to accidents in its vehicles since 2003, the automaker acknowledged on Monday, Reuters reported.
Honda, the Japanese automaker, said its count of underreported claims came from a third-party audit. Honda cited "various errors related to data entry" and said it used an "overly narrow interpretation" of its legal reporting requirements. It said it is taking steps to remedy these shortcomings.
"I haven't got a detailed report yet, but it seems there were a lot of administrative mistakes on the ground," Honda CEO Takanobu Ito told reporters at a corporate event in southern Japan on Tuesday, Reuters reported.
7. -- Wall Street expects luxury jeweler Tiffany (TIF) - Get Report to report third-quarter profit of 77 cents a share on sales of $968.9 million.8. -- Twitter's (TWTR) - Get Report chief financial officer, Anthony Noto, who joined the company in July, may have accidentally tweeted a message about a potential acquisition target.
"I still think we should buy them. He is on your schedule for Dec 15 or 16 -- we will need to sell him. i have a plan," Noto's tweet said.
The message was quickly deleted by Noto, but not before several journalists captured a screen grab of the tweet.
It wasn't clear which company Noto was targeting, and Twitter wasn't commenting.
10. -- The Food and Drug Administration plans to announce long-delayed calorie labeling rules on Tuesday, requiring establishments that sell prepared foods and have 20 or more locations to post the calorie content of food "clearly and conspicuously" on their menus. Companies will have until November 2015 to comply, The Associated Press reported.
The regulations also will apply to convenience stores, bakeries, coffee shops, amusement parks and vending machines.
-- Written by Joseph Woelfel
To contact the writer of this article, click here:Joseph Woelfel