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Tuesday, January 28, 2014

Market Chatter-Corporate finance press digest, (NYSE: BCS), (NYSE: RDS-B)

The following corporate finance-related stories were reported by media: * Royal Dutch Shell Plc wants to sell a stake in a key U.S. Gulf Coast crude oil pipeline for as much as $1 billion and is working with Barclays Plc to solicit offers, a source familiar with the matter told Reuters.* Barclays is set to cut hundreds more jobs in its investment banking division, a source familiar with the matter told Reuters on Tuesday, as the British lender keeps pushing to reform its business.

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 2.63% or $0.47/share to $18.32. In the past year, the shares have traded as low as $15.43 and as high as $19.59. On average, 2376210 shares of BCS exchange hands on a given day and today's volume is recorded at 1509420.

Shares of RDS-B traded higher by 0.3% or $0.22/share to $74.19. In the past year, the shares have traded as low as $65.02 and as high as $76.39. On average, 1154500 shares of RDS-B exchange hands on a given day and today's volume is recorded at 1479606.



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