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May 12 Premarket Briefing: 10 Things You Should Know

Here are 10 things you should know for Thursday, May 12:

1. -- U.S. stock futures rose Thursday but European shares dipped and Asian stocks finished the trading session mixed.

Shares in London, Frankfurt and Paris posted modest losses. Japan's Nikkei 225 stock index rose 0.4%, while the Hang Seng index in Hong Kong declined 0.7%.

2. -- The economic calendar in the U.S. Thursday includes weekly Initial Jobless Claims at 8:30 a.m. EDT, and Import and Export Prices for April at 8:30 a.m.

3. -- U.S. stocks on Wednesday ended lower as disappointing starts to the year for Walt Disney (DIS - Get Report) and and Macy's (M) , industry leaders of the entertainment and retail worlds, respectively, took down Wall Street.

5. -- Nissan (NSANY) reached an agreement to take a 34% stake in scandal-ridden Japanese rival Mitsubishi Motors (MMTOF) .

Nissan will spend 237 billion yen ($2.2 billion) to become the top investor in Mitsubishi Motors by purchasing newly issued shares. Nissan's stake would eclipse the 20% stake held by Mitsubishi Heavy Industries Ltd.

Mitsubishi Motors has admitted to irregular...