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Nov. 27 Premarket Briefing: 10 Things You Should Know

Tickers in this article: CHTR CMCSA CPWR FWLT HPQ TIVO TWC

Here are 10 things you should know for Wednesday, Nov. 27:

1.-- U.S. stock futures on Wednesday were rising slightly as investors awaited a trading day filled with economic data ahead of the Thanksgiving holiday.

European stocks were higher in early trading. Asian stocks ended the session mixed. Japan's Nikkei 225 index declined 0.4%.

2.-- The  economic calendar  in the U.S. Wednesday includes weekly initial jobless claims at 8:30 a.m. EST, durable orders for October at 8:30 a.m., Chicago PMI for November at 9:45 a.m., the final University of Michigan Sentiment Index for November at 9:55 a.m., and leading indicators for October at 10 a.m.

3.-- U.S. stocks  on Tuesday mostly rose with the  Nasdaq closing above 4,000 for the first time in 13 years.

The Dow Jones Industrial Average closed unchanged at 16,072.80 while the S&P 500  gained 0.01% to 1802.75. The Nasdaq rose 0.58% to break the 4,000 benchmark at 4,017.75. 

4.-- Hewlett-Packard's fourth-quarter earnings  blew past Wall Street estimates as the PC maker avoided the spending pressures that weighed on rivals such as Cisco and IBM .

HP reported sales of $29.1 billion, down from $30 billion a year earlier, but comfortably above analysts' forecasts of $27.91 billion. Excluding items, HP earned $1.01 a share in the quarter, down from $1.16 a share in the same period last year. Analysts were looking for earnings of $1 a share. 

Excluding items, HP expects first-quarter earnings of between 82 cents and 86 cents a share, at the high end of Wall Street's expectations. For fiscal 2014, HP reiterated its non-GAAP earnings outlook of $3.55 to $3.75 a share.

Speaking during HP's conference call, CEO Meg Whitman said HP is making progress on its turnaround plan. "With the final quarter of our 'fix and rebuild year' now behind us, I'm pleased with our progress in 2013," she said. "In fiscal 2013, we focused on improving our operations."

5.-- Cox Communications is considering jumping into the bidding for Time Warner Cable , according to people familiar with the situation, The Wall Street Journal reported. 

Cox is the nation's third-biggest cable operator, ranking slightly ahead of Charter Communications , which was the first company to begin circling Time Warner Cable earlier this year, the Journal noted. 

Comcast , the largest cable operator, also is contemplating a Time Warner Cable bid, either on its own or by backing a bid by Charter, people familiar with the situation told the Journal.

6.-- Several private-equity investors are studying the possibility of making a bid for Compuware , setting up a potential takeover battle for the business software maker less than a year after it spurned an offer of $2.3 billion from activist investor Elliott Management, the Financial Times reported.

Funds, including Thoma Bravo and Vista Equity Partners, a San Francisco-based buyout firm, have approached Compuware about taking the company private, FT reported, citing people familiar with the discussions.