Stock futures were mixed ahead of data expected to show a drop in orders for long-lasting manufactured goods last month. BATS Global Markets Inc and Direct Edge Holdings said they would merge in a ... more 
Stock futures were mixed ahead of data expected to show a drop in orders for long-lasting manufactured goods last month. BATS Global Markets Inc and Direct Edge Holdings said they would merge in a deal that would create the second-largest U.S. stock exchange. Financial terms of the transaction, which is expected to close in the first half of 2014, subject to regulatory approvals, were not announced. U.S. stock futures were mixed on data showing that businesses cut back sharply on big-ticket purchases last month. The stock of Mediaset, the cinema and TV giant controlled by former Italian Prime Minister Silvio Berlusconi, fell sharply in early trading, and trading was temporarily halted amid the drop of more than 6 percent in the first two hours of trading. less 
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Mon, Aug 26, 2013 10:30 AM EDT