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Wednesday, January 23, 2013

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

The following corporate finance-related stories were reported by media on Thursday: * Delta Air Lines Inc is in talks with Airbus SAS and Boeing Co to purchase $1 billion or more new jets, Bloomberg reported, citing people familiar with the matter.* Private equity firm Electra has hired Rothschild to explore a sale or a refinancing of electronic animal identification company Allflex, which is worth about $1 billion, four industry sources with knowledge of the plan said.

The Boeing Company (Boeing) is an aerospace company. Shares of BA traded higher by 0.18% or $0.13/share to $74.29. In the past year, the shares have traded as low as $66.82 and as high as $78.02. On average, 5999380 shares of BA exchange hands on a given day and today's volume is recorded at 7784976.

Delta Air Lines, Inc. (Delta) provides scheduled air transportation for passengers and cargo throughout the United States and around the world. Shares of DAL fell by 1.64% or $-0.23/share to $13.78. In the past year, the shares have traded as low as $8.42 and as high as $14.15. On average, 12182500 shares of DAL exchange hands on a given day and today's volume is recorded at 20841584.



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