Here are 10 things you should know for Friday, March 14:
1.-- U.S. stock futures were pointing higher Friday, though market participants were bracing for a choppier trading session amid concerns about China's growth and heightened global tensions over Ukraine.
2.-- The economic calendar in the U.S. on Friday includes the Producer Price Index for February at 8:30 a.m. EDT and the University of Michigan Sentiment Index for March at 9:55 a.m.
3.-- U.S. stocks on Thursday tumbled the most in a month as fears about China's slowing economy and the crisis in Ukraine gripped investors, and outweighed an increase in retail sales.The Dow Jones Industrial Average plummeted 230 points, or 1.4%, to close at 16,110.08, while the S&P 500 dropped 1.2% to 1,846.35. The Nasdaq slumped 1.5% to 4,260.42.
4.-- Herbalife (HLF) said it pushed back the date of its annual shareholder meeting by five days to April 29 so it can continue talks with activist investor Carl Icahn about adding his nominees to its board.
5. -- Liberty Media (LMCA) dropped its bid to buy the remaining stake of Sirius (SIRI) that it doesn't already own.
Liberty offered to buy out minority shareholders in Sirius in a deal worth more than $10 billion, but said Thursday the "offer for Sirius XM is no longer applicable."
Liberty shares rose 6.6% in premarket trading to $134.48; Sirius shares fell 0.6% to $3.35.
6. -- BP (BP) can secure new government contracts under an agreement reached Thursday with the U.S. Environmental Protection Agency.
The oil company had been suspended from performing any new government work since November 2012, after it agreed to plead guilty and to pay a $4.5 billion fine for criminal charges involving the death of 11 workers and lying to Congress about how much oil was spilling into the Gulf of Mexico.
BP shares rose 0.1% in premarket trading.