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Tuesday, December 10, 2013

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

The following corporate finance-related stories were reported by media:* Three state-owned Gulf firms are considering a joint bid for a minority stake in Occidental Petroleum Corp's Middle East and North Africa unit, a deal that could be worth between $8 billion and $10 billion, three banking sources said.

Occidental Petroleum Corporation (Occidental) conducts its operations through various subsidiaries and affiliates. Shares of OXY traded higher by 0.53% or $0.49/share to $93.14. In the past year, the shares have traded as low as $74.82 and as high as $99.42. On average, 3620990 shares of OXY exchange hands on a given day and today's volume is recorded at 5059333.



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