Already Valeant's (VRX) third-largest shareholder, hedge fund manager Bill Ackman bought an additional 2 million shares of the company, as its stock plunged following the release of an explosive short-seller note. (CNBC)
Nearly three weeks after soundly rejecting a tentative agreement, voting at Fiat Chrysler (FCAU) plants is showing support for a new contract to enable entry-level wage parity. Final results are due later today. (NY Times)
Hess CEO John Hess told CNBC the seeds have been planted for a slow oil recovery. Meanwhile, U.S. oil prices were higher this morning, after dropping about 2.4 percent Wednesday on higher inventories.
A supermajority of firebrand conservatives in the House are supporting the reluctant Rep. Paul Ryan to be the next speaker, saying they've provided him enough votes to win the race. (Reuters)
Democratic presidential frontrunner Hillary Clinton is set to testify before the House Select Committee on Benghazi today to defend her actions dealing with the 2012 attacks while she was secretary of state. (USA Today)
The chairman of the Commodity Futures Trading Commission has signaled the to curb high-speed trading, which increasingly influences benchmark assets. (FT)
Daily fantasy-sports site DraftKings has received a subpoena from U.S. Attorney Preet Bharara's office, requesting information about an employee's activities and potential abuse of inside data. (WSJ)
The European Central Bank's latest meeting culminates with its statement at 7:45 a.m. ET, and a news conference with ECB President Mario Draghi at 8:30 a.m. ET. No change in interest rates is expected, though investors will key on any clues to future monetary easing.
In the U.S., the Labor Department issues its weekly report on first-time unemployment benefits at 8:30 a.m. ET. Forecasts call for 265,000 new jobless claims for the week ending Oct. 17, which would be 10,000 more than the prior week.
The National Association of Realtors is out with its September existing home sales report at 10 a.m. ET, with expectations for a 1.7 percent increase following a 4.8 percent decline in August.
The Conference Board, also at 10 a.m. ET, releases its September index of leading economic indicators. The LEI is seen unchanged after a 0.1 percent increase in August.
Texas Instruments (TXN) earned 76 cents per share, 9 cents above estimates, with revenue also beating forecasts. The chipmaker was helped by better sales for its analog and embedded chip offerings.
Citrix Systems (CTXS) saw quarterly profit come in 20 cents above estimates at an adjusted $1.04 per share, and the software maker also scored a significant beat on the revenue side.
Las Vegas Sands (LVS) beat estimates by 2 cents with quarterly profit of 66 cents per share, but the casino operator's revenue was below forecasts on weakness in its Macau operations.
CIT Group (CIT) said CEO John Thain will retire in March, to be replaced by long-time banking executive Ellen Alemany. Thain took over at CIT in 2010 following the commercial lender's bankruptcy.
Visa (V) raised its dividend by 17 percent, increasing it to 14 cents per share from 12 cents. The credit card giant had boosted the pay-out by 20 percent last year, and by 21 percent the year before.
Comcast (CMCSA) plans to resell Verizon's wireless service, according to Re/code, in what is seen as a move for the NBCUniversal and CNBC parent to offer its own wireless service.
The Mets advanced to their first World Series since 2000, seeking their first Fall Classic title since 1986. New York swamped the Cubs 8-3 in Chicago last night in Game 4 of the NLCS. (NBC Sports)
The Toronto Blue Jays, before a home crowd last night, beat the Royals 7-1, forcing a Game 6 back in Kansas City tomorrow night in the ALCS. (AP)