Morning Reads on Our Radar Screen

Takeaway: A quick look at stories on Hedgeye's radar screen.

Keith McCullough – CEO

Ackman Folds (via Zero Hedge)

Emerging Stocks Fall Most in Eight Weeks (via Bloomberg)

Dubai Market Down 7% (via Bloomberg)

Japan's newest rocket fails to lift off (via Reuters)

India lower house of parliament passes cheap food plan (via BBC)

Morning Reads on Our Radar Screen - ack2

Brian McGough – Retail

His Links Severed, Ackman Sells Stake in J.C. Penney (via New York Times)

Billabong brand declared worthless as company posts huge loss (via CNNMoney)

Josh Steiner – Financials

Facebook friends could change your credit score (via CNNMoney)

Jonathan Casteleyn – Financials

America Resilient Five Years After Great Recession (via Bloomberg)

Bats Agrees to Merge With Direct Edge as Volume Shrinks (via Bloomberg)

Howard Penney – Restaurants

Cosi CEO Blames The Chain's Troubles On His Employees (via Business Insider)

McDonald's Japan appoints new leader as sales slump (via Reuters)