Here are 10 things you should know for Friday Feb. 14:
1.-- U.S. stock futures were pointing to a flat open for Wall Street on Friday and most indices in Europe rose as the eurozone currency bloc saw its economy grow 0.3% in the fourth quarter.
Asian shares ended the session mixed. Stocks in China rose while Japan's Nikkei 225 index declined 1.5%
2.-- The economic calendar in the U.S. on Friday includes export and import prices for January at 8:30 a.m. EST, industrial production and capacity utilization for January at 9:15 a.m., and the University Michigan Consumer Sentiment index for February at 9:55 a.m.
3.-- U.S. stocks on Thursday closed higher as investors accounted for bad weather in a worse-than-expected jobless claims number and downwardly revised retail sales data.The S&P 500 reversed early losses to close up 0.58% at 1,829.83, while the Dow Jones Industrial Average gained 0.4% to finish at 16,027.59. The Nasdaq gained 0.94% to 4,240.67.
4.-- Charter Communications (CHTR), which lost its takeover battle for Time Warner Cable (TWC) when cable giant Comcast (CMCSA) swooped in, is likely to look at other suitors, The Wall Street Journal reported, citing people familiar with the company's thinking.
Charter is unlikely to counterbid for Time Warner Cable, people familiar with the matter told the Journal, given the price gap between Comcast's bid, which at Wednesday's closing price valued Time Warner shares at $158.82 vs. a $132.50-per-share bid that Charter had been contemplating.
One possible target is Cox Communications, the nation's third-largest cable operator, according to the Journal. Charter eyes Cox last year, a person familiar with the matter told the newspaper.