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Thursday, January 6, 2011

Market Chatter -- Corporate finance press digest, (NYSE: CSE)

The following corporate finance-related stories were reported by media on Thursday: * POSCO (005490.KS) will reduce investments to 9 trillion won this year, from 10.4 trillion won in 2010, online news outlet E-Daily reported on Thursday, citing an unidentified industry source. [ID:nSEL003208] * Commercial lender CapitalSource Inc (CSE.N) has hired J.P. Morgan to explore a potential sale of the company, the Wall Street Journal reported, citing people familiar with the matter. [ID:nSGE70503E]

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