The following corporate finance-related stories were reported by media: * The U.S. Justice Department is probing Morgan Stanley for its hiring practices in China as part of an industry-wide investigation by the government into whether banks' employment of politically connected Chinese breached U.S. bribery laws, according to people familiar with the matter.* Sinopec , China's biggest oil refiner, is in talks with Apache Corp to purchase a stake in the Kitimat LNG export project on Canada's Pacific coast, according to an industry executive with direct knowledge of the matter.
Apache Corporation (Apache) is an independent energy company, which explores for, develops, and produces natural gas, crude oil, and natural gas liquids. Shares of APA fell by 1.81% or $-1.7/share to $92.04. In the past year, the shares have traded as low as $67.91 and as high as $94.84. On average, 2690290 shares of APA exchange hands on a given day and today's volume is recorded at 2586438.
Morgan Stanley is a global financial services company that, through its subsidiaries and affiliates, provides its products and services to a range of clients and customers, including corporations, governments, financial institutions and individuals. Shares of MS traded higher by 0.06% or $0.02/share to $31.41. In the past year, the shares have traded as low as $16.26 and as high as $31.80. On average, 13190700 shares of MS exchange hands on a given day and today's volume is recorded at 5116441.
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