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Wednesday, January 8, 2014

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

The following corporate finance-related stories were reported by media: * Independent U.S. refiner PBF Energy has begun talks with half a dozen of its rivals to consider jointly lobbying Washington against lifting a decades-old ban on U.S. crude oil exports, sources said on Wednesday.* Singapore Airlines' new Indian joint venture with Tata Sons has chosen Airbus A320 aircraft over Boeing's 737 to launch its operations in the country, sources familiar with the decision said.

PBF Energy Inc. (PBF Energy) is an independent petroleum refiners and suppliers of unbranded transportation fuels, heating oils, petrochemical feedstocks, lubricants and other petroleum products in the United States. Shares of PBF traded higher by 0.84% or $0.24/share to $28.74. In the past year, the shares have traded as low as $20.15 and as high as $42.50. On average, 1036360 shares of PBF exchange hands on a given day and today's volume is recorded at 2319666.