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Friday, August 22, 2014

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

The following corporate finance-related stories were reported by media: * A planned $2 billion deal between Rosneft, Russia's largest oil producer, and oil trader Vitol has been shelved, in the latest sign that tougher western sanctions are hampering the Russian state oil group's ambitions, the Financial Times reported. (* Chrysler Group is planning an extensive facelift of its full-size Ram 1500 pickup in spring 2017, but has no firm plans to follow rivals General Motors Co and Ford Motor Co in replacing steel body panels with aluminium until a complete redesign after 2020, industry sources told Reuters.

Ford Motor Company (Ford) is a producer of automobiles. Shares of F fell by 0.06% or $-0.01/share to $17.40. In the past year, the shares have traded as low as $14.40 and as high as $18.12. On average, 25888000 shares of F exchange hands on a given day and today's volume is recorded at 15051296.