Here's what's up on Friday's Squawk on the Street:

-- In the tech buy-out clash of the titans 3Par this morning is saying it has accepted a new bid from Dell instead of Hewlett-Packard's most recent offer. Full details on why everyone wants 3Par so badly.

-- Also this morning, what Tiffany's quarterly report says about the luxury retail market.  Are we starting to see light at the end of the tunnel?

-- We're also getting a key number at 9:55 — Consumer Sentiment data. Plus, what shares of Schwab and TD Ameritrade are telling us about the state of the economy, and the American state of mind. And find out if these stocks could rocket if we start seeing recovery signs.

-- Don't forget Ben Bernanke's key address from Jackson Hole, Wyoming, at 10 a.m. ET. We have the embargoed text and will release it at 10 a.m. And today's Street Poll asks if you think the Fed Chief's doing a good job.

Watch the opening bell live from the New York Stock Exchange, it all starts at 9 a.m. ET only on Squawk on the Street.