Trader News 1-11-16 | Early Global News

Trader News 1-11-16

Macro

China Tumble Leads Asian Markets Lower (5% – Unease moves back into Asian markets as investors attempt to predict Chinese regulators’ next approach.) WSJ

Fed Eyes Margin Rules to Bolster Oversight (Rules restricting what part of stocks or bonds can be bought through borrowing are getting higher on the Fed’s task list.) WSJ

EWS Singapore pledges $13.2B to drive tech R&D ZDNet

Pensions, Mutual Funds Turn Back to Cash WSJ

Trader News 1-11-16 Companies

AA GE Alcoa gets $1.5 billion supply contract from GE’s aviation unit WSJ

TCEHY Chinese Social-Shopping Startup Mogujie to Acquire Competitor ($2.5 billion) (Mogujie and Tencent-backed Meilishuo decide to merge, as investors get careful on valuations.) WSJ

Loen Entertainment Chat App Kakao (South Korea’s top mobile messaging app) Buys Majority Stake In Korea’s Top Online Music Service For $1.5B (28 million users) Techcrunch

MCRB NSRGY Seres Therapeutics Announces Strategic Collaboration with Nestlé Health Science for Microbiome-Based Clostridium difficile and Inflammatory Bowel Disease Therapies in Markets Outside of North America Press Release

Trader News 1-11-16 | Early Global News

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Retail

KSS Kohl’s Weighs Next Steps, as Woes Mount (With shares dropped 40%, the floundering retailer is thinking about going private or breaking up.) WSJ

M Activist Investor Starboard Urges Macy’s to Strike Real-Estate Deals (Deals could reveal value in retailer’s property holdings, Starboard states.) WSJ

M JWN JCP ZUMZ Macy’s woes could signal trouble for retailers LA Times

YUM Chick-fil-A has made 8 major changes in the past year to stay ahead of KFC Bi

AMZN Which Retailers Will See the Highest Sales in 2020? (Amazon will have the quickest growth of large retailers.) eMarketer

Energy – Commodities

Iran Opens $6 Billion Gas Operation in Face of Sanctions Alalam

IHS Drops 2016 US Solar Forecast Due To ITC Extension Clean Technica

India Gets $1.5 Billion Loan For Rooftop Solar Power Program Clean Technica

GS KKR TPG Capital 100% Solar Plan Offered By TXU Energy — This The Future? Clean Technica

LSE: SUEL Suzlon scores 197MW order and O&M deal in AP state Recharge News

Iran in Talks to Help Build Refinery in Spain (Refinery would have capacity of 200,000 barrels of oil daily.) WSJ

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