Here are 10 things you should know for Tuesday, Dec. 8:
1. -- U.S. stock futures suggested Wall Street would open lower on Tuesday after imports and exports in China shrank again in November.
Oil prices rebounded on Tuesday after plunging on Monday and taking the shares of energy and materials stock with them. Crude oil rose 0.7% early Tuesday to $37.92 a barrel.
European stocks fell Tuesday, following Asian indices lower, after oil prices and commodities including copper declined.
2. -- The economic calendar in the U.S. on Tuesday includes the Job Openings and Labor Turnover Survey for October at 10 a.m.
3. -- U.S. stocks on Monday fell after crude oil closed at its lowest level since February 2009.
The S&P 500 fell 0.7%, the Dow Jones Industrial Average declined 0.65%, and the Nasdaq slid 0.79%.
Newell Rubbermaid is the slightly larger of the two companies with a market capitalization of about $12 billion compared with Jarden's $10.5 billion. A typical takeover premium could value Jarden at $13 billion or more, according to the Journal.
The combined company, which would include brands such as Sharpie markers, Graco baby strollers and Mr. Coffee machines, would have about $14 billion in annual sales.
Canadian Pacific, seeking to overcome Norfolk Southern's rejection of its bid last week, is expected to offer $32.86 in cash and 0.451 of a share in a new holding company that would run the two railways independently until the Surface Transportation Board rules on the merger, the Journal reported, citing a person familiar with the matter.
Based on Canadian Pacific's closing share price Monday, the two bids have a similar total value at just more than $30 billion. Canadian Pacific's previous offer would have paid $46.72 cash and 0.348 shares in the combined railroad for each Norfolk share, according to the newspaper.
Grismer, who joined the company in 2002, has been financial chief since 2012.
Yum! said Monday it would start searching for a successor.
Yum!, the parent of KFC, Pizza Hut and Taco Bell, announced in October it would spin off its China business into a separate publicly traded company.
7. -- Thirty Boston College students, including at least eight members of the men's basketball team, complained of gastrointestinal symptoms after eating at a Chipotle (CMG - Get Report) restaurant, school officials said Monday.
It wasn't immediately known if the illnesses were part of a national outbreak of E. coli that has been linked to the restaurant chain.
Boston College said several students came to the school's Health Services center and the "common factor" among all 30 students was that they had eaten at the Chipotle restaurant in the Cleveland Circle neighborhood near the BC campus.
Chris Arnold, a spokesman for Chipotle, said in an email to The Associated Press that the Boston restaurant has been closed temporarily while the company works with local health officials to investigate the illnesses.
"I'm very humble, man," James said Monday after practice with the Cleveland Cavaliers. "It's been an unbelievable time for myself and my family, and I'm just grateful that Nike and Phil Knight, and everyone over there just believed in a skinny 18-year-old kid from Akron, Ohio, and I'm happy to be a part of such a great company."
Financial terms of James' deal were not disclosed. James signed a seven-year, $90 million contract with Nike shortly before he entered the NBA draft in 2003, skipping college to be a pro.
Analysts were expecting earnings of 83 cents a share on revenue of $1.43 billion.
The company said homebuilding deliveries were 1,820 units, up 6% in dollars.
Toll said it expects fiscal 2016 revenue in the range of $4.5 billion to $5.6 billion.5 Rocket Stocks to Buy for Blastoff Gains