NEW YORK (TheStreet) -- Here are 10 things you should know for Friday, Nov. 14:
1. -- U.S. stock futures were rising Friday ahead of retail sales data.
European stocks traded mixed, with investors taking scant comfort from news that Europe's two biggest economies -- Germany and France - had returned to growth in the third quarter.
Asian shares ended Friday's session mixed.
2. -- The economic calendar in the U.S. on Friday includes retail sales for October at 8:30 a.m. EST, export and import prices for October at 8:30 a.m., the University of Michigan Sentiment Index for November at 9:55 a.m., and business inventories for September at 10 a.m.
In a statement late Thursday, Baker Hughes said there was no guarantee that a deal would be done and offered no further details.
The statement followed a report earlier Thursday from The Wall Street Journal that said Halliburton was in talks to buy Baker Hughes.
A combined Halliburton and Baker Hughes would be slightly larger by revenue than Schlumberger (SLB - Get Report) , and hold an even larger advantage in North America, where fracking is a big business for the oilfield companies, The Associated Press reported.
5. -- A deal between Starbucks (SBUX - Get Report) and Dutch authorities may be illegal state aid as it allows the giant coffee chain to make payments on a lower corporate income tax base, European Union antitrust regulators said on Friday, Reuters reported.
The comments by the European Commission came five months after it opened an investigation into the case involving the company's Starbucks Manufacturing EMEA BV.
The probe is one of four into so-called sweetheart deals the commission said may give the companies an unfair advantage. The other three companies are Amazon (AMZN) , Fiat and Apple (AAPL - Get Report) , Reuters reported.
The retailer posted revenue of $3.14 billion in the quarter, which also topped analysts' expectations of $3.1 billion.
Nordstrom updated its full-year earnings outlook to a range of $3.70-3.75 a share from its prior outlook of $3.80-$3.90 a share. The forecast includes the acquisition of Trunk Club, which is expected to reduce per-share profit by about 3% in the fiscal year.
Adjusted earnings in the quarter were 27 cents a share, which met analysts' estimates.
For the quarter ending in January, Applied Materials said it expects earnings of 25 cents to 29 cents a share.
Shares of the airlines will start trading Friday on Nasdaq under ticker symbol " (VA) ."
9. -- Airbus said third-quarter profit fell after it delivered more of its loss-making A380 superjumbos.
The European jet maker reported net profit of 264 million euros ($328 million) in the quarter, down 41% from a year earlier.
10. -- Onion Inc., owner of the satirical news site the Onion, has hired a financial adviser for a possible sale, Bloomberg reported, citing people with knowledge of the matter.
-- Written by Joseph Woelfel
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