U.S. stock futures were pointing to a rebound at Friday's open ahead of the government's before-the-bell release of its October employment report.
with China's BeiGene , buying a 20% stake for $2.7 billion in cash. BeiGene will market three different Amgen products in the Chinese market and the two companies will split the financial results. its St. Regis hotel on Manhattan's Fifth Avenue to a Qatar fund for $310 million. The purchase gives the Persian Gulf nation another luxury hotel to add to its collection. Las Vegas Sands and Wynn Resorts may come under pressure after gaming revenue in Macau fell 3.2% in October.
U.S. Steel lost 21 cents per share for the third quarter, 8 cents less than Wall Street was anticipating. The steel maker's revenue also beat analyst estimates, but the company and its rivals are battling a weaker pricing environment. El Pollo Loco reported adjusted quarterly profit of 20 cents per share, 2 cents above estimates, with the restaurant operator's revenue also above forecasts. The company said the third quarter started slow, but that momentum picked up in September and is continuing into the current quarter.
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