Navigate this market better. Subscribe for FREE stock alerts and information.

Friday, August 15, 2014

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

The following corporate finance-related stories were reported by media: * Petrovietnam has bid for a stake in Murphy Oil Corp's Malaysian oil and gas assets, challenging other suitors including Mitsubishi Corp and Indian state oil companies, a person with direct knowledge of the plan said.* French telecoms group Orange is looking to sell around 9,400 mobile antennas in Spain to cut costs and boost profitability as the sector consolidates, a source familiar with the situation said on Thursday.

Murphy Oil Corporation is a worldwide oil and gas exploration and production company with retail and wholesale gasoline marketing operations in the United States and refining and marketing operations in the United Kingdom. Shares of MUR traded higher by 0.32% or $0.19/share to $59.86. In the past year, the shares have traded as low as $54.67 and as high as $68.43. On average, 1201460 shares of MUR exchange hands on a given day and today's volume is recorded at 981011.

Orange SA, formerly France Telecom SA, is a France-based company that is engaged, principally, in the provision of integrated telecommunications services. Shares of ORAN traded higher by 0.27% or $0.04/share to $14.94. In the past year, the shares have traded as low as $10.00 and as high as $17.43. On average, 633169 shares of ORAN exchange hands on a given day and today's volume is recorded at 180724.



Source