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Thursday, January 9, 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.

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, 1056140 shares of PBF exchange hands on a given day and today's volume is recorded at 2319666.