Visa (V) missed estimates on earnings, though revenue was slightly above. The credit card giant also authorized a new $5 billion buyback and announced a for about $18.2 billion. (CNBC)
Sprint (S) is seeking to cut spending in fiscal 2016 by as much as $2.5 billion. The wireless carrier plans to accomplish those cuts through .
Health officials expect the number of people sickened by an E. coli outbreak linked to Chipotle (CMG) locations in Washington and Oregon to grow. Chipotle has shut down its restaurants in those two states. (NBC News)
Amazon said it's shutting down two services: the daily deals unit Amazon Local as of Dec. 18, and Local Register, a mobile credit-card processing division, as of Feb. 1. (Fortune)
Attention Kmart shoppers: The unit of Sears (SHLD) is bringing back its in an attempt to boost flagging sales. The promotion was first created by a store manager in 1965. (Reuters)
Asian stocks fell across the board today, as investors digested a private survey showing China's manufacturing sector remains in a tough spot, but the pace of decline slowed in October. (CNBC)
Oil prices fell sharply this morning, as weak Chinese economic data fueled concerns about demand slowing there, while record-high production in Russia exacerbated the global supply glut. (Reuters)
There are no grounds yet to rule out any theory for the crash of a Russian airliner in Egypt on Saturday, said a Kremlin spokesperson, in response to a question about whether it was a terrorist attack. (Reuters)
In a private meeting, advisers from many of the GOP presidential campaigns tried to hash out changes to address complaints about this year's debates, but not before next week's Fox Business event. (Washington Post)
Fred Thompson, the Watergate investigator-turned-actor-turned senator, lost his battle with lymphoma Sunday at 73. He ran unsuccessfully for the GOP presidential nomination in 2008. (NBC News)
The ISM manufacturing index is the month's first economic report, out at 10 a.m. ET, with economists looking for a reading of 49.9 for October compared to 50.2 for September. That would mean a fall below the 50 mark, which delineates the difference between expansion and contraction.
The government, also at 10 a.m. ET, releases September construction spending, which is expected to register a 0.5 percent increase following August's 0.7 percent rise.
In addition to Visa earnings this morning, Cardinal Health (CAH), Clorox (CLX), and Estee Lauder (EL) are also out. Today's after-the-bell earnings list includes AIG (AIG), Allstate (ALL), Tenet Healthcare (THC), and Texas Roadhouse (TXRH).
S&P downgraded Valeant's (VRX) debt rating one notch, noting the potential harm to the drugmaker's reputation from the controversy over its relationship with specialty pharmacy Philidor.
HSBC (HSBC) reported a better-than-expected third-quarter profit of $6.1 billion, as a drop in regulatory fines more than made up for increased spending on compliance and a slowdown in Asia.
EMC (EMC) and merger partner Dell are considering an early 2016 IPO for Pivotal, EMC's joint venture with General Electric (GE). Re/code reports EMC and Dell are considering offering a minority stake to the public.
A ninth-inning rally and a 12th-inning tiebreaking RBI single sent the Kansas City Royals to their first World Series win since 1985 at the expense of the New York Mets in Game 5. (NBC News)
Taylor Swift is being sued for $42 million for allegedly stealing lyrics in the chorus of her 2014 hit "Shake It Off." U.S. singer Jesse Braham claims he wrote a song called "Haters Gone Hate" in 2013. (BBC)