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Wednesday, April 3, 2013

Takeover Digest - Wall Street Journal - April 3, (NYSE: BCS), (NYSE: RIO)

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * Rio Tinto Plc is seeking a buyer for controlling stakes in two Australian coal mines, the latest $1 billion-plus asset sale targeted by the mining company as it looks to cut costs and boost shareholder returns, people familiar with the matter said on Wednesday. ()* The Barclays Plc U.S. Aggregate Bond Index, known as "the Agg" - which tracks the broader debt market the way the Standard & Poor's-500 follows stocks - declined 0.12 percent in the first quarter, its first negative return in that period since 2006. ()

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 2.11% or $0.37/share to $17.93. In the past year, the shares have traded as low as $9.23 and as high as $20.60. On average, 3275610 shares of BCS exchange hands on a given day and today's volume is recorded at 2577976.

Rio Tinto plc (Rio Tinto) is engaged in finding, mining and processing mineral resources. Shares of RIO fell by 0.58% or $-0.27/share to $46.21. In the past year, the shares have traded as low as $41.59 and as high as $60.45. On average, 2550170 shares of RIO exchange hands on a given day and today's volume is recorded at 2132243.



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