April 20 Premarket Briefing: 10 Things You Should Know

Updated from 7:12 a.m. NEW YORK (TheStreet) -- Here are 10 things you should know for Monday, April 20: 1. -- U.S. stock futures were rising going into one of the busiest weeks of earnings season. European stocks roared back to life on Monday, led by mining and telecom stocks across the region. Must Read: Warren Buffett's Top 10 Dividend Stocks 2. -- The economic calendar in the U.S. on Monday includes the Chicago Fed National Activity Index at 8:30 a.m. 3. -- U.S. stocks on Friday closed sharply down as part of a global selloff triggered by fears over Greece's debt and China's slowing growth rate. The Dow Jones Industrial Average fell 1.54% to 17,826.30. The S&P 500 dropped 1.13% to 2,081.18. The Nasdaq plummeted 1.52% to 4,931.82. 4. -- Morgan Stanley is in talks with New York Attorney General Eric Schneiderman to pay around $500 million in consumer relief and fines for its role in selling mortgage-back bonds in the lead-up to the financial crisis. Morgan Stanley also reports earnings before the opening bell Monday and may update investors on the settlement in its report. The settlement is substantial, but Morgan Stanley won't be paying nearly as much as rivals Bank of America and JPMorgan Chase , who were calculated by the Wall Street Journal to have paid $73 billion and $26 billion, respectively, in mortgage-related settlements. Morgan Stanley has paid around $4.5 billion in settlements related to the financial crisis thus far. In premarket trading, Morgan Stanley stock was rising 1.5%.  5. -- Cable companies Comcast and Time Warner Cable are planning to meet with the Department of Justice on Wednesday to discuss their $45.2 billion merger, according to reports. The deal faces serious antitrust concerns which could derail the deal. The two companies are the U.S.'s largest cable and Internet companies. In premarket trading, Comcast and Time Warner Cable stock were steady.  6. -- Big-box retailer Target was ringing the cash register over its collaboration with clothing and fabric designer Lilly Pulitzer. The new collection sold out within minutes in stores and on the Target Web site, which the company took partially offline for a period in an attempt to avoid a full-blown crash. The Minneapolis-based company said that the demand was "on par with Black Friday." 7. -- Industrial real estate giant Prologis is joining with Norway's sovereign wealth fund to buy KTR Capital Partners for $5.9 billion. The deal includes assumption of $700 million in debt. Prologis said it was looking for more warehouse space and the deal was a good way to get it. Prologis stock was rising 0.28% in premarket trading. Must Read: 16 Rock-Solid Dividend Stocks With 50 Years of Increasing Dividends and Market-Beating Performance 8. -- Belgium's largest provider of cable broadband services, Telenet , agreed to buy Royal KPN's Base mobile division for €1.325 billion (about $1.4 billion) in cash. The deal includes a €100 million breakup fee for Telenet if the deal doesn't pass antitrust regulators. The newly combined company will have adjusted revenue of €2.4 billion and adjusted EBITDA of €1.1 billion. Telenet is  majority-owned by John Malone's Liberty Global . Base provides wireless and fixed-line telecom services, plus broadband and digital TV. 9. -- Regional banks M&T Bank and SunTrust Banks report earnings before the opening bell, and Zions Bankcorp reports after the closing bell. Regional banks have been in the spotlight for technical traders. 10. -- Toymaker Hasbro reports earnings before the opening bell. IBM reports earnings after the closing bell. In premarket trading, Hasbro stock leapt 7.8%. IBM stock was flat. Must Read: 13 Volatile Stocks to Buy Right Now if You Are a Risk Taker

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