TOP STORIES
'STAR WARS' BOOSTS HASBRO SALES
Hasbro posted a better-than-expected, double-digit revenue gain
Monday, boosted in part by the brisk sale of "Star Wars" toys
during its latest quarter.
GLOBAL STOCKS FALL AS BRIEF OIL RALLY FADES
U.S. stocks opened sharply lower as a brief rally in oil prices
faded.
ANGLO AMERICAN PLATINUM PUSHED TO LOSS BY WRITE-DOWNS
Anglo American Platinum said that impairments and restructuring
costs pushed it to a net loss in 2015 as the world's top producer
of the precious metal battles low platinum prices.
VOLKSWAGEN'S QUALITY-CONTROL CHIEF RESIGNS
Volkswagen said its head of quality assurance will leave the
company, as Chief Executive Matthias Mü ller continues to shake up
the car maker's management in the wake of its emissions-cheating
scandal.
CHINA'S FOREX RESERVES PLUNGE TO MORE-THAN-THREE-YEAR LOW
China's foreign-exchange reserves fell to the lowest level in
more than three years in January, even as the central bank
escalated a battle to defend the yuan and stanch the flow of
capital leaving the country.
BOJ REVEALS DIVISIONS OVER NEGATIVE RATES
A summary of opinions among Bank of Japan policy setters
underlined a deep internal rift over the negative interest rate
policy introduced last month.
U. OF PHOENIX OPERATOR APOLLO EDUCATION TO BE TAKEN PRIVATE
Apollo Education Group, the operator of the University of
Phoenix among others, said Monday it had reached a deal to be taken
private by a group of investors including Apollo Global Management
in a $1.1 billion deal.
OECD LEADING INDICATORS POINT TO SLOWING JAPANESE GROWTH
Japan's economy may slow over coming months, while there are
signs that China's economy is stabilizing, according to leading
indicators released Monday by the Organization for Economic
Cooperation and Development
INDIA'S ECONOMY EXPANDED 7.3% LAST QUARTER
India said output expanded 7.3% in last year's fourth quarter,
as consumer and government spending lift the economy.
SAUDI, VENEZUELA MEETING ENDS WITH NO OIL-PRODUCTION AGREEMENT
Saudi oil minister Ali al-Naimi met with his Venezuelan
counterpart but didn't announce any plans for the production cut
the South American country says is needed to prop up crude
prices.
CREDIT SUISSE CEO ASKS BOARD TO CUT HIS BONUS AFTER WEAK RESULTS
The CEO of Credit Suisse has asked his board to slash his bonus,
after the Swiss bank posted quarterly results that sent its share
price tumbling lower.
BIOCRYST ANGIOEDEMA DRUG FAILS IN MIDSTAGE STUDY
BioCryst on Monday reported disappointing mid-stage study
results for its drug to treat a rare genetic condition
characterized by swelling of the face and airways.
COGNIZANT PROFIT RISES 17%
Cognizant on Monday reported double-digit percentage growth in
its top and bottom lines on another strong quarter from the
company's health-care segment, but gave guidance for the current
quarter and year below Wall Street expectations.
NORANDA ALUMINUM FILES CHAPTER 11
Noranda Aluminum filed for chapter 11 bankruptcy protection
Monday, with plans to sell a business segment that is one of the
largest aluminum foil producers in North America.
JAPAN'S CURRENT ACCOUNT SURPLUS EXPANDS FOURFOLD IN DECEMBER
Japan's current account surplus expanded in December, buoyed by
a trade balance that moved into surplus and spending by a surge of
incoming tourists.
MOODY'S CUTS RATING ON AUSTRALIA'S IRON-ORE STATE
Moody's Investors Service cut its rating on Western Australia,
one of the world's major iron-ore hubs, as a sharp downturn in
prices for the steelmaking commodity puts increasing strain on the
state's finances.
FORD TO MORE THAN DOUBLE MEXICO PRODUCTION CAPACITY IN 2018
Ford Motor will build a new assembly plant in Mexico and sharply
increase Mexican factory output, representing the latest shift of
investment abroad by a Detroit auto maker after the signing of a
costly labor deal.
ASCIANO BIDDING HEATS UP
A bidding war worth more than $6 billion is intensifying between
a Canadian investment firm and an Australian logistics company for
port-and-rail operator Asciano.
THAILAND'S TCC IN $3.46 BILLION DEAL FOR GROUPE CASINO'S BIG C STAKE
Groupe Casino has agreed to sell its stake in Thai hypermarket
operator Big C Supercenter for $3.46 billion to a Thai billionaire,
marking a major step in the French grocer's plans to cut its
debt.
DP WORLD WARNS OF CHALLENGING TIMES FOR GLOBAL TRADE
DP World has warned of difficult times ahead for global trade
after growth in container volumes handled by its global network of
ports slowed sharply last year despite improved activity in Europe
and the United Arab Emirates.
======= DOW JONES NEWSWIRES ANALYSIS AND COMMENTARIES =======
NFL
BRONCOS DEFENSE THROTTLES THE PANTHERS IN SUPER BOWL 50
The Denver Broncos beat the Carolina Panthers 24-10 to win Super
Bowl 50.
Heard on the Street
CORPORATE CREDIT: LESS THAN ANGELIC
Companies' credit ratings are starting to feel the strain. Watch
out for more downgrades to junk in the coming months.
(END) Dow Jones Newswires
February 08, 2016 10:00 ET (15:00 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.