TOP STORIES 
 
U.S. STOCKS FALL SHARPLY AS BRIEF OIL RALLY FADES 

U.S. stocks fell sharply Monday, with the Dow down about 300 points as investors sold global stocks and plowed into government bonds amid a renewed slide in oil prices.

CHESAPEAKE SAYS IT DOESN'T PLAN TO PURSUE BANKRUPTCY; SHARES PLUNGE 

Chesapeake Energy said it "has no plans to pursue bankruptcy" after reports intensified such fears, cutting its stock in half in early trading.

U. OF PHOENIX OPERATOR APOLLO EDUCATION TO BE TAKEN PRIVATE 

Apollo Education Group, the operator of the University of Phoenix among others, said it had reached a deal to be taken private by a group of investors including Apollo Global Management in a $1.1 billion deal.

'STAR WARS' IS THE FORCE BEHIND STRONG HASBRO SALES 

Hasbro reported strong revenue during the holiday period, helped by a surge in demand for lightsabers, action figures and other toys tied to "Star Wars: The Force Awakens."

PFIZER OUTLINES POST-MERGER MANAGEMENT SLATE 

Pfizer unveiled its slate of executives who will run the combined company after it closes its roughly $150 billion inversion deal to buy Allergan.

CONFERENCE BOARD: EMPLOYMENT TRENDS INDEX RISES IN JANUARY 

A compilation of U.S. job-market indicators rose in January but at a slower pace than in December, the latest indication of a job market that lost some steam at the start of the year.

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.

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.

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

IMAGINATION TECHNOLOGIES WARNS OF FULL-YEAR LOSS; CEO STEPS DOWN 

Imagination Technologies Group PLC announced the resignation of its long-standing Chief Executive Hossein Yassaie as the semiconductor designer warned it will report a loss for the full year.

ORCHESTRA-PREMAMAN BOOSTS CASH IN DESTINATION MATERNITY OFFER 

Children's clothing company Orchestra-Premaman SA boosted the cash component of its unsolicited offer to buy Destination Maternity Corp. after the maternity clothing maker turned down its previous proposal.

TAHOE RESOURCES TO BUY CANADIAN GOLD PRODUCER 

Tahoe Resources agreed to buy Canadian gold producer Lake Shore Gold in a friendly, all-stock deal worth about $569 million.

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.

PRIVATE EQUITY INVESTMENT IN MINING PROJECTS DOUBLED IN 2015 

The value of private equity investment in mining projects doubled to $4.53 billion last year, as miners attempted to find an alternative source of finance amid difficulties in the public debt and equity markets.

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.

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.

CLEARINGHOUSE DECLARES GERMAN BANK MAPLE IN DEFAULT 

Days after central banks initiated a stress test of two trade-plumbing firms in Europe, LCH.Clearnet Group Ltd. said Germany's Maple Bank GmbH had defaulted on its financial obligations at the clearinghouse operator.

LAFARGEHOLCIM'S WOLFGANG REITZLE TO RETURN TO LINDE 

LafargeHolcim said that its chairman is leaving his post at the cement and building materials giant less than a year after it was created to return to German industrial gas company Linde.

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.

 
 
 
  ======= DOW JONES NEWSWIRES ANALYSIS AND COMMENTARIES ======= 
 
 
Capital Journal 
JEB BUSH, FAMILY DYNASTY FACE MOMENT OF TRUTH IN N.H. 
 

Will Jeb Bush do well enough in New Hampshire to recharge his presidential effort, or will the remarkable Bush family run in presidential politics begin to wind down? The situation there is sufficiently in flux that either is possible, Gerald F. Seib writes.

 
Heard on the Street 
BANK-STOCK CARNAGE: THIS NUMBER IS KILLING THEM 
 

Falling yields on government debt are one of the hammers pounding bank stocks.

(END) Dow Jones Newswires

February 08, 2016 13:00 ET (18:00 GMT)

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