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Wednesday, March 6, 2013

Takeover Digest - Wall Street Journal - March 6, (NYSE: BCS), (NYSE: UBS)

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * The Dow Jones Industrial Average jumped to a record Tuesday when it finished at 14253.77, topping the previous record set in October 2007. This marked a key milestone in the long slog to recovery from the financial crisis.* Lawyers for some of the world's biggest banks, including Barclays Plc, Royal Bank of Scotland Plc and UBS AG, made their latest bid Tuesday to persuade a judge to toss out a collection of lawsuits accusing them of manipulating a key interest rate and cheating investors out of billions of dollars.

Barclays PLC (Barclays) is a global financial services provider engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services. Shares of BCS traded higher by 0.77% or $0.14/share to $18.43. In the past year, the shares have traded as low as $9.23 and as high as $20.60. On average, 2772110 shares of BCS exchange hands on a given day and today's volume is recorded at 3992194.

UBS AG is a client-focused financial services company that offers a combination of wealth management, asset management and investment banking services on a global and regional basis. Shares of UBS remained unchanged at $15.41. In the past year, the shares have traded as low as $9.78 and as high as $17.66. On average, 2961700 shares of UBS exchange hands on a given day and today's volume is recorded at 0.



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