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Monday, March 17, 2014

Market Chatter- Corporate finance press digest, (NASDAQ: CG), (NYSE: ECA), (TSE: ECA.TO)

The following corporate finance-related stories were reported by media on Monday: * Britain's Vodafone has agreed to purchase Spanish cable operator Ono for 7.2 billion euros ($10.03 billion) in a deal that is set to be announced on Monday, a person familiar with the matter told Reuters.* Canadian oil and gas producer Encana Corporation is in advanced talks to sell its Wyoming natural gas field to private equity firms Carlyle Group LP and NGP Energy Capital Management LLC for about $2 billion, the Wall Street Journal reported on Sunday, citing unnamed sources.

Shares of CG fell by 0.88% or $-0.29/share to $32.60. In the past year, the shares have traded as low as $23.85 and as high as $39.38. On average, 593416 shares of CG exchange hands on a given day and today's volume is recorded at 954953.

Encana Corporation (Encana) is a North American energy producer. Shares of ECA traded higher by 0.85% or $0.17/share to $20.23. In the past year, the shares have traded as low as $16.48 and as high as $20.58. On average, 5115490 shares of ECA exchange hands on a given day and today's volume is recorded at 3649585.

Encana Corporation (Encana) is a North American energy producer. Shares of ECA traded higher by 1.13% or $0.25/share to $22.46. In the past year, the shares have traded as low as $17.40 and as high as $22.79. On average, 2301160 shares of ECA.TO exchange hands on a given day and today's volume is recorded at 1424261.



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