Here are 10 things you should know for Monday, Nov. 2:
1. -- U.S. stock futures were rising and European stocks traded mixed despite continued weak manufacturing data in China.
Asian stocks ended Monday's session with losses. Japan's Nikkei 225 fell 2.1% while China's Shanghair Composite Index declined 1.7%.
2. -- The economic calendar in the U.S. on Monday includes the ISM Index for October at 10 a.m. EST, and construction spending for September at 10 a.m.
The S&P 500 surged 8% last month, the Dow Jones Industrial Average climbed 8.5%, and the Nasdaq rose 9.4%.
The offering price is a 35.5% premium to Dyax's closing price on Friday.
"This highly complementary transaction aligns with and accelerates our strategy to build a global leading biotechnology company focused on rare diseases and specialty conditions," said Shire CEO Flemming Ornskov in a statement.
5. -- Visa (V - Get Report) said Monday it would acquire Visa Europe in a deal valued at as much as 21.2 billion euros ($23.4 billion).
The transaction includes an upfront consideration of 16.5 billion euros plus an additional earn-out of 4.7 billion euros following the fourth anniversary of the deal's closing.
The companies split in 2007 ahead of Visa's initial public offering.
The credit card giant also on Monday reported fiscal fourth-quarter profit of 62 cents a share, meeting analysts' estimates.Revenue in the quarter was $3.57 billion, which topped Wall Street forecasts.
"We are leaving no stone unturned and looking at all areas," company spokesman Dave Tovar said in an interview with Reuters. He declined to predict how many employees would be laid off, saying it was too early in the budgeting process.
The estimated cost savings for Sprint, which has 31,000 employees, would be equivalent to about 10% of its current annual operating costs of $26 billion, according to Reuters.
The ratio of the company's capital expenditures to its sales is more than 20%, which Tovar said is higher than for other wireless carriers. "We are trying to get more in line with the industry average," he told Reuters.Sprint is scheduled to report quarterly earnings on Tuesday.
7. -- Health officials expect the number of people sickened by an E. coli outbreak linked to Chipotle (CMG - Get Report) restaurants in Washington state and Oregon to grow while they investigate the cause of the infection, The Associated Press reported.
As of Friday, three people in the Portland area and 19 people in western Washington had become sick from E. coli. Seventeen of them had eaten at a Chipotle restaurant during the past few weeks.
Eight people have been hospitalized but no deaths have been reported.
Marisa D'Angeli, medical epidemiologist with the Washington State Department of Health, said Chipotle has been cooperative and voluntarily shut down all its restaurants in the two states.
The reopening of the 43 Chipotle restaurants in Oregon and Washington will be dictated by the investigation, said company spokesman Chris Arnold. "Right now, that is the priority," he said.
The company has not made plans to close any other restaurants in other states as there is no evidence of a link to other restaurants, Arnold added.Must Read: 5 Biotech Stocks Under $10 Triggering Breakout Trades
8. -- Tech giant Hewlett-Packard split into two over the weekend. HP Inc. will sell personal computers and printers; Hewlett Packard Enterprise will sell commercial computer systems, software and tech services.
Each will trade separately on the New York Stock Exchange starting Monday.
HP CEO Meg Whitman will run HP Enterprise, while PC industry veteran Dion Weisler will lead HP Inc. Each will be independent, with "flexibility to respond to a constantly evolving market," Whitman told an investor conference last month. "With less to focus on," she added, "each company will do core things better."9. -- Nissan's (NSANF) profit for the July-September quarter jumped 38% on healthy sales in China, the U.S. and Europe, The automaker also its projections for full-year profit.
10. -- Earnings are expected Monday from Fitbit ( FIT - Get Report) , Zillow ( ZG - Get Report) and Allstate ( ALL - Get Report) .