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Thursday, October 4, 2012

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

The following corporate finance-related stories were reported by media on Thursday: * Top global miner BHP Billiton is among the companies talking to Petrobras about buying a stake in the Brazilian state-led oil company's Gulf of Mexico oil fields, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.* Morgan Stanley is in talks to sell a majority stake in its commodities business to the Qatar Investment Authority, the Financial Times said, quoting people familiar with the deal.

Morgan Stanley is a global financial services company that, through its subsidiaries and affiliates, provides its products and services to a range of clients and customers, including corporations, governments, financial institutions and individuals. Shares of MS traded higher by 0.71% or $0.12/share to $17.03. In the past year, the shares have traded as low as $12.26 and as high as $21.19. On average, 22353100 shares of MS exchange hands on a given day and today's volume is recorded at 20785152.