The following corporate finance-related stories were reported by media on Thursday: * Mitsubishi UFJ Financial Group is set to purchase Bank of America Corp's stake in their Japanese private banking venture for 39 billion yen ($470 million), Bloomberg reported, quoting two people with knowledge of the matter.* Wal-Mart Stores Inc is in talks to buy an 80 percent stake in Turkish retailer Migros Ticaret AS from London-based private equity group BC Partners, the Financial Times reported.
Bank of America Corporation (Bank of America) is a bank holding company, and a financial holding company. Shares of BAC traded higher by 0.95% or $0.1/share to $10.61. In the past year, the shares have traded as low as $4.92 and as high as $10.71. On average, 156458000 shares of BAC exchange hands on a given day and today's volume is recorded at 166819280.
Mitsubishi UFJ Financial Group, Inc. is a Japan-based company mainly engaged in the banking business. Shares of MTU remained unchanged at $4.55. In the past year, the shares have traded as low as $4.03 and as high as $5.36. On average, 1037470 shares of MTU exchange hands on a given day and today's volume is recorded at 2518786.
Wal-Mart Stores, Inc. (Walmart) operates retail stores in various formats around globally. Shares of WMT fell by 2.75% or $-1.95/share to $68.94. In the past year, the shares have traded as low as $57.18 and as high as $77.60. On average, 8132440 shares of WMT exchange hands on a given day and today's volume is recorded at 23402446.
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