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Here are five things you must know for Thursday, Sept. 8 (updated from 6 a.m.):
1. -- U.S. stock futures were pointing to a flat start for Wall Street on Thursday following strong trade data from China and after the European Central Bank left interest rates unchanged.
European stocks were trading mixed following the ECB decision. ECB President Mario Draghi will be holding a press conference at 8:30 a.m. EDT.
Asian shares closed mixed Thursday after imports in China rose in August for the first time since late 2014, while exports fell 2.8% but came in better than forecasts and improved over the previous month's 4.4% contraction. The Shanghai Composite index rose 0.13%.
The economic calendar in the U.S. Thursday includes weekly Initial Jobless Claims at 8:30 a.m. EDT, and Consumer Credit for July at 3 p.m.
2. -- The Irish parliament on Thursday backed a call to appeal the European Commission's tax ruling on Apple (AAPL - Get Report) , hours after Apple unveiled the new iPhone 7.
The EC ruled last week that that Apple would have to pay €13 billion ($14.5 billion) in back taxes to Ireland. The EC said that "undue benefits" granted to Apple amounted to illegal state subsidies, and will need to be recovered.
Following a lengthy debate the vote was passed by 93 votes to 36.
On Wednesday, Apple unveiled the new iPhone 7, which includes an upgraded processor and camera. The new phone is also waterproof. However, the company has taken away the headphone jack to the ire of many.
3. -- Hewlett Packard Enterprise (HPE - Get Report) plans a spinoff and merger of its non-core software assets in an $8.8 billion deal with Britain's Micro Focus International (MCFUF) .
HPE will receive $2.5 billion in cash as part of the agreement. Its shareholders will hold a 50.1% stake in the new combined company.
HPE is spinning off units including application delivery management, big data and enterprise security. HP Enterprise plans to focus on selling data-center hardware and other commercial tech gear to other big organizations.
In May, HPE merged its enterprise services segment with Computer Sciences.
Separately, HPE reported fiscal third-quarter adjusted earnings of 49 cents a share, topping analysts' estimates. Revenue fell about 6% from a year earlier to $12.21 billion, missing Wall Street forecasts.
For the current quarter, HPE said it expects earnings of 58 cents to 63 cents a share. Analysts are looking for 61 cents.
In exchange for a $1.1 billion equity investment, TPG will receive a 51% stake in the business, which Intel will spin off under the name McAfee.
The transaction values McAfee's total equity at about $2.2 billion, and the entire company, including debt, at $4.2 billion. That's a steep discount to the $7.68 billion that Intel paid for McAfee in 2010.
Intel shares were rising slightly in premarket trading on Thursday.
The Office of the Comptroller of the Currency, Consumer Financial Protection Bureau and Los Angeles City Attorney plan to announce the civil action and a related settlement Thursday, the people told the Journal. The amount of a fine or remedial actions that may result weren't immediately clear.
Regulators and prosecutors have been investigating whether the bank pushed employees too hard to meet sales goals while failing to do enough to prevent questionable behavior, the Journal has previously reported.