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Monday, January 28, 2013

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

The following corporate finance-related stories were reported by media on Tuesday: * Royal Bank of Scotland is to pay as much as 250 million pounds ($392.66 million) in bonuses to employees at an investment banking division heavily implicated in the Libor-rigging scandal, the Financial Times reported.* Siemens AG has picked banks to organise the sale of two units as part of its efforts to streamline operations and stay competitive in a weak global economy, people familiar with the matter told Reuters.

Siemens AG is an integrated technology company with activities in the fields of industry, energy and healthcare. Shares of SI fell by 0.96% or $-1.06/share to $109.19. In the past year, the shares have traded as low as $77.88 and as high as $112.73. On average, 309780 shares of SI exchange hands on a given day and today's volume is recorded at 264204.