1. Fox hunt: Shares in Rupert Murdoch’s 21st Century Fox( surged in extended trading after it became clear the media giant has multiple suitors. )
One of the sources cautioned that discussions are at a “very early” stage, but that Murdoch seems genuinely motivated to sell.
Disney( has also expressed interest in a similar deal. Those talks are no longer active, but could be revived. )
The suitors want Fox’s movie and television studios, entertainment cable networks, and international businesses. Fox would keep its news and sports holdings.
Any deal would be a global media blockbuster.
2. Tesla surprises: What will investors think of this? Tesla( unveiled two electric vehicles on Thursday. )
The first is an all-new version of its Roadster sports car that can go from a stop to 60 miles an hour in 1.9 seconds. The $ 200,000 car will have a range of 620 miles and a top speed of over 250 miles an hour.
The second is a new semi-truck, which CEO Elon Musk said can go zero-to-60 in five seconds with an empty trailer. With a full load, the truck can still reach that speed in 20 seconds, much faster than any diesel-powered truck.
3. Oil leak in U.S.: TransCanada( shares could take a hit after the firm announced an ) oil leak from its Keystone Pipeline in Marshall County, South Dakota.
A total of 210,000 gallons of oil leaked out before crews shut down the pipeline Thursday morning. The amount of leaked oil is equivalent to one-third of an Olympic swimming pool.
Officials are investigating the cause of the leak.
Nebraska officials are expected to announce a decision in the coming days on whether the proposed Keystone XL Pipeline, a sister project, can move forward.
4. Global stock market overview:U.S. stock futures were lower after a stunning rally on Thursday.
5. Earnings and economics: Retailers Abercrombie & Fitch(, )Buckle( and )Foot Locker( will release earnings before the opening bell on Friday. )
Shares in Ross Stores( are expected to surge at the open after the company reported better-than-expected quarterly numbers. )
The U.S. Census Bureau will release data on October housing starts and building permits at 8:30 a.m. ET.
6. Coming this week:
Friday —Abercrombie & Fitch( earnings )