The following corporate finance-related stories were reported by media on Thursday: * Sino-Forest Corp may choose to go private as it seeks to restore its finances and reputation after its shares lost three quarters of their value amid fraud allegations, the chief executive of the Chinese forestry company was quoted as saying.* Hitachi Ltd plans to sign a joint venture agreement with an Indian firm early next year to assemble rail cars, Japanese business daily Nikkei reported.
Hitachi, Ltd. is a diversified company that has 11 business segments. Shares of HIT traded higher by 1.64% or $0.9/share to $55.63. In the past year, the shares have traded as low as $45.02 and as high as $65.29. On average, 76014 shares of HIT exchange hands on a given day and today's volume is recorded at 47714.
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