NEW YORK (TheStreet) -- Here are 10 things you should know for Tuesday, Oct. 6:
1. -- U.S. stock futures were pointing lower Tuesday, European stocks traded mixed and Asian shares finished the session mostly higher.
Tokyo's Nikkei 225 rose 1% on hopes for new stimulus from its central bank.
2. -- The economic calendar in the U.S. on Tuesday includes the trade balance for August at 8:30 a.m. EDT.
3. -- U.S. stocks on Monday rose and the S&P 500 clinched its longest winning streak this year as crude oil prices surged and boosted the energy sector. The benchmark index has gained more than 5% over the past five days after jumping nearly 2% on Monday.
The Dow Jones Industrial Average gained 1.8% over the session, and Nasdaq climbed 1.6%.4. -- DuPont (DD - Get Report) Chairwoman and CEO Ellen Kullman said Monday that she will retire from the company effective Oct. 16.
Kullman's leave-taking comes less than five months after activist fund Trian Fund Management's Nelson Peltz lost a much-publicized, high-profile campaign to elect a minority slate of dissident directors to the giant chemical company's board.
"With a strong foundation in place now is the right time for a new leader to continue to drive the pace of change to capitalize fully on the opportunity ahead," Kullman said in a statement.
Edward Breen, who was named to DuPont's board in February, will serve as Kullman's interim replacement while the company searches for a permanent successor.
DuPont also lowered its profit forecast and said it is accelerating its cost-cutting plan.
5. -- SABMiller (SBMRY) rejected an informal takeover offer from Anheuser-Busch InBev (BUD) of about 66.4 billion pounds ($100 billion) that it considered too low, Bloomberg reported, citing people familiar with the matter.
The initial proposal to brewer SABMiller, made last week, was worth slightly over 40 pounds a share, while its executives and some shareholders regard a deal at closer to 45 pounds as representing a fair value, the people said. A deal at 45 pounds per share would value SABMiller at about 73 billion pounds, and would be the largest merger this year, Bloomberg noted.
SABMiller communicated to AB InBev the terms at which it would be willing to negotiate after the rejection, one of the people said.
Meanwhile, SABMiller on Tuesday released a surprise trading update nine days earlier than planned, in which it announced that beer volume had returned to growth in the second quarter, helped by Africa and Latin America -- a trend that could figure into a sweetened offer from AB InBev, according to Bloomberg.
6. -- Google (GOOGL - Get Report) plans to invest in a new round of funding for Symphony Communication Services that values the Wall Street-backed messaging companyat about $650 million, people familiar with the matter told The Wall Street Journal.
Google's support adds to the list of banks and investment firms -- such as Goldman Sachs, Morgan Stanley and BlackRock -- that have backed Symphony and its fledgling communications software. Symphony's latest funding round is expected to close this week, the people told the newspaper.
Symphony was created as an alternative to Bloomberg's terminals.
7. -- General Mills (GIS - Get Report) is recalling 1.8 million boxes of Cheerios and Honey Nut Cheerios produced at a plant in Lodi, Calif., saying the cereal is labeled gluten-free but actually contains wheat.
The recall affects Cheerios and Honey Nut Cheerios that were made in July. The company said Monday wheat flour was inadvertently used in a gluten-free oat flour system. The use of wheat flour means the cereals are not gluten-free, and people with conditions like wheat allergies or celiac disease who consume them might suffer an allergic reaction or discomfort.
8. -- Movie and television studio Lionsgate (LGF) is in advanced talks to merge with movie channel Starz STRZA, the Los Angeles Times reported, citing four people with knowledge of the matter who weren't authorized to speak publicly.
The Los Angeles Times reported that Lionsgate and Starz have held high-level talks for several months but a deal may not take shape. The newspaper cited a senior company official who wanted to remain anonymous.
Starz shares have climbed 32% this yearin large part because of takeover speculation. In February, Starz's largest shareholder, John Malone, the billionaire mogul who controls Liberty Media LMCA, nabbed a seat on Lionsgate's board. Lionsgate exchanged 3.43% of its stock for 4.51% of Starz shares, held by Malone. His stake in Starz dropped to 6% from 11%.
9. -- Daily fantasy players appear concerned a DraftKings employee who said he accidentally posted data online showing which NFL players were being picked the most for draft lineups for a day's contest, may have also benefited from the information when he won second place and $350,000 on competing daily fantasy site, FanDuel, the same day.
There's no evidence that the information led to the employee's win and a FanDuel spokeswoman told The Associated Press that she didn't believe there was an attempt to manipulate the contest.
Both sites posted identical joint statements on their Web sites Monday -- "nothing is more important to DraftKings and FanDuel than the integrity of the games we offer to our customers. Both companies have strong policies in place to ensure that employees do not misuse any information at their disposal and strictly limit access to company data to only those employees who require it to do their jobs."