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Morning Briefing: 10 Things You Should Know

NEW YORK ( TheStreet) -- Here are 10 things you should know for Thursday, March 14:

1. -- U.S. stock futures were higher Thursday, suggesting the Dow Jones Industrial Average has a chance to rise for the 10th straight day.

European stocks rose in early trading while Asian shares posted gains. Japan's Nikkei 225 index rose 1.2% to finish at 12,381.19, its highest close in more than four years.


2. -- The economic calendar in the U.S. Thursday includes weekly jobless claims and the Producer Price Index for February. Both reports from the Labor Department are scheduled to be issued at 8:30 a.m. EDT.


3. -- U.S. stocks on Wednesday finished with gains as higher-than-expected retail sales boosted the outlook for the world's largest economy.

The Dow added 5.22 points, or 0.4%, at 14,455.28, to finish in positive territory for the ninth consecutive trading day, its longest winning streak in 16 years.

The S&P 500 closed up 0.13% to 1,554.52 while the Nasdaq was higher by 0.09% to 3,245.12.


4. -- Samsung Electronics will unveil the Galaxy S IV phone at an event at New York's Radio City Music Hall on Thursday evening.

Apple's (AAPL - Get Report) marketing chief, Phil Schiller, blasted the new phone in an interview with Reuters on Wednesday, saying that Samsung's new phone may debut with a year-old operating system that will need updating.

Samsung is Apple's chief competitor.


5. -- Men's Wearhouse (MW - Get Report) said Wednesday it was exploring the sale of its K&G operations, which sells clothing for men, women and children.

Men's Wearhouse hired Jefferies & Co. to evaluate strategic alternatives for K&G.


6. -- Aeropostale (ARO - Get Report) is forecast by Wall Street on Thursday to post earnings of 22 cents a share in the fourth quarter on sales of $775.7 million


7. -- Doughnut shop Krispy Kreme (KKD - Get Report) is expected by analysts to report fourth-quarter earnings of 12 cents a share on revenue of $115.9 million.


8. -- Molycorp (MCP), the rare-earth minerals company, is seen posting a quarterly loss of 31 cents a share on revenue of $166 million.


9. -- E-Trade Financial (ETFC - Get Report) said Wednesday that its biggest shareholder, Citadel Equity Fund Ltd., plans to sell its entire position of 27.4 million shares in the company.

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SYM TRADE IT LAST %CHG
AAPL $130.39 -1.70%
ARO $3.45 1.20%
ETFC $28.49 2.30%
KKD $19.22 0.47%
MW $56.96 -0.30%

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