TOP STORIES 
 
U.S. STOCKS RISE AS OIL PRICES, BANKS RALLY 

The Dow industrials finished more than 300 points higher as recently battered commodities and banking shares rallied.

OIL SOARS ON PRODUCTION CUT HOPES 

Oil prices settled sharply higher, rebounding from a 13-year low touched the previous day, on speculation of production cuts among some of the world's biggest suppliers.

U.S. SHOPPERS BOOSTED SPENDING IN JANUARY 

U.S. consumers boosted their spending during the year's first month, and finished 2015 on a stronger note than first thought, the latest sign of low unemployment and cheap gasoline outweighing concerns about market turmoil.

DEUTSCHE BANK TO BUY BACK $5.4 BILLION IN DEBT 

The move is designed to bolster investor confidence in the German lender's finances and in the value of its securities.

VISA DETAILS STAKE IN SQUARE 

Square shares jumped Friday after Visa detailed its previously announced investment in the startup, raising questions about the future relationship between the payment processors.

FED'S DUDLEY MINDFUL OF MARKET TROUBLE 

Federal Reserve Bank of New York President William Dudley said that it is unclear whether unsettled financial markets will knock the U.S. economy off course and change the outlook for U.S. central bank interest-rate policy.

ARGENTINA LOOKS TO TAKE MORE AGGRESSIVE STANCE WITH BONDHOLDERS 

Argentina is asking a U.S. judge to lift an injunction that is preventing the government from borrowing in the international bond markets, an attempt to go around holders of its defaulted debt who rejected the country's recent settlement offer.

AMERICAN AXLE TO LOOSEN TIES WITH GM 

After reporting a bigger-than-expected fourth-quarter profit, auto supplier American Axle said it planned on reducing its reliance on General Motors. Shares soared more than 20% on Friday.

INTEL TO PAY $25 MILLION TO FORMER QUALCOMM EXEC 

Intel Corp. disclosed a compensation package that could be worth more than $25 million for an executive recruited from rival Qualcomm Inc. who will hold a pivotal position at the chip giant.

MATTEL CHANGES HEAD OF BARBIE BUSINESS 

Mattel Inc. has named Lisa McKnight, a veteran marketer at the toy maker, to oversee its Barbie business at a time when sales of the iconic doll have turned a corner after years of struggles.

VICTORIA'S SECRET CEO SHAREN TURNEY RESIGNS 

L Brands Inc. said Friday that Victoria's Secret Chief Executive Sharen Turney would resign and her responsibilities would be taken over by L Brands CEO Leslie Wexner.

KOHL'S ELIMINATES THREE SENIOR LEADERSHIP POSITIONS 

Kohl's has eliminated three senior leadership positions at a time when the department-store chain is battling sluggish sales and a depressed share price.

APPLE DEVELOPING TV SERIES 

Apple Inc. is finally developing its first series, according to people familiar with the matter, as a way to bolster its subscription music service.

VOLKSWAGEN GLOBAL VEHICLE SALES RETURN TO GROWTH 

Global sales of Volkswagen vehicles returned to growth in January on the back of resurgent sales in China, even as the company's namesake brand declined in all other markets.

FRENCH PROSECUTORS DON'T SEEK PRISON TIME FOR UBER EXECUTIVES IN TRIAL 

French prosecutors asked a court to slap two top executives with fines and a ban on running companies but declined to ask for prison time during the second day of a symbolic trial against the car-hailing company.

CSX TO LAY OFF 116 EMPLOYEES 

Railroad operator CSX Corp. said it is laying off 116 mechanical employees as it streamlines operations at 16 mechanical facilities. The company said it is responding to low rail-cargo volumes.

BOJ'S NAKASO UPBEAT ON NEGATIVE-RATE POLICY 

Bank of Japan Deputy Gov. Hiroshi Nakaso said he "fully" expects his institution's new negative interest-rate policy to help boost Japan's economy.

MAPLE BANK DEPOSITORS TO RECEIVE COMPENSATION 

Depositors at Maple Bank are set to receive compensation from Germany's deposit-insurance scheme, Germany's financial regulator said, after insolvency proceedings were started by a court in Frankfurt.

INTERPUBLIC'S PROFIT TOPS VIEWS 

Interpublic Group reported a drop in its revenue and earnings for the final quarter of the year, hurt by currency challenges and the sales of certain businesses.

NASDAQ TO BUY MARKETWIRED 

Nasdaq said it would buy Canadian news release distributor Marketwired and expects the deal to add to adjusted earnings within a year of closing.

 
 
 
  ======= DOW JONES NEWSWIRES ANALYSIS AND COMMENTARIES ======= 
 
 
Markets Main 
ENERGY SHARES OUTPERFORM CONSUMER STOCKS 
 

Energy shares are faring better than consumer stocks this year, marking a reversal of fortune in the S&P 500.

 
Wealth Management Journal 
HOW FINANCIAL ADVISERS STAY CALM WHEN MARKETS AREN'T 
 

Stress relievers include mediation, exercise and playing with children who 'don't know anything about the dollar being up or oil being down.'

(END) Dow Jones Newswires

February 12, 2016 17:00 ET (22:00 GMT)