Early Global News Wednesday January 13 2016

Early Global News Wednesday January 13 2016

–>Download the Complete PDF Version Here…

Macro

World Shares Rise as China Exports Improve AP

Housing Regulator Closes Loan Loophole Used by REITs (Move will prevent membership in government-backed federal home loan banks for captive insurers.) WSJ

PC Sales Drop to Historic Lows (Final quarter numbers are at their lowest since 2007, the year the iPhone was released.) iDC via WSJ

ISAB Changes Rule on Accounting for Leases (A new accounting rule will force companies outside the U.S. to add large amounts of leases to their balance sheets.) WSJ

As Obama Delivers SOTU, 23% Satisfied With Direction of U.S. Gallup

Early Global News Wednesday January 13 2016 | Stocks in Play

Early Global News Wednesday January 13 2016Companies

SJR Shaw Communications Inc. Announces Sale of Shaw Media to Corus Entertainment Inc. for $2.65 Billion Press Release

CHKP Check Point Systems in initial talks to buy Cyber Ark Haaretz

GE Plans to Cut 6,500 Jobs in Europe in Next Two Years Reuters

QCOM 6762.T Qualcomm, TDK form $3 billion JV to make components used in wireless tech Reuters

Rafale deal in last lap, may cost Rs 60000 crore for 36 fighters Economic Times of India

BIDU Chinese Search Giant Baidu Eyes Investments In Zomato, BookMyShow And Big Basket Techcrunch

YUM Shares Rise After December Gain in China Same-Store Sales WSJ

Pharmaceuticals – Healthcare – Biotech

ANTM ESRX Anthem Takes $3 Billion Express Scripts Fight Public (Health insurer Anthem Inc. would like $3 billion a year more in savings on pharmaceuticals from Express Scripts Holding Co., and is saying they will drop the company in a move that would depose the pharmacy benefit manager as the country’s largest.) Bloomberg

VRX GiLD Bill that aimed to shed light on specialty prescription drug pricing is shelved LA Times

GiLD Gilead, other drug companies shrug off price complaints Boston Globe

PFE AGN Pfizer, Allergan say combined drug pipeline ‘underappreciated’ Reuters

Energy – Commodities

PBR Brazil’s Petrobras mulls sale of Braskem stake – newspaper Reuters

China commodities imports jump, but 2016 outlook mixed (For calendar year 2015, imports of oil, iron ore and soybeans all broke records, while copper was steady, customs data revealed on Wednesday.) The Fiscal Times

U.S. Exports First Freely Traded Oil in 40 Years (Energy companies hurry to ship overseas after ban is removed.) WSJ

Analysis: Amid oil price pain, India, China eye revenue gain Platts

–> Download Your PDF Copy of Early Global News Here.

About the Author

Pete is a full-time trader and mentor since 2000. Author of Equity Trader 101 and the Order Flow Method. He is dedicated to help self-directed traders to bust through the six-figure level.

Leave a Reply 0 comments

Leave a Reply: