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Monday, September 22, 2014

Market Chatter- Corporate finance press digest - Sept 22, (NYSE: TMUS), (NYSE: XOM)

The following corporate finance-related stories were reported by media: * French low-cost telecom operator Iliad has set a mid-October deadline to decide whether to improve its bid for T-Mobile US or walk away as it faces resistance from seller Deutsche Telekom, several people familiar with the situation said.* Exxon Mobil Corp has put its Torrance, California, refinery on the block, according to two people familiar with the matter, making it the latest big oil company to consider exiting the state amid tougher environmental standards.

Shares of TMUS fell by 1.35% or $-0.41/share to $30.07. In the past year, the shares have traded as low as $24.67 and as high as $35.50. On average, 4597410 shares of TMUS exchange hands on a given day and today's volume is recorded at 5542785.

Exxon Mobil Corporation is a manufacturer and marketer of commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics and a range of specialty products. Shares of XOM traded higher by 0.53% or $0.51/share to $97.12. In the past year, the shares have traded as low as $84.79 and as high as $104.76. On average, 9428160 shares of XOM exchange hands on a given day and today's volume is recorded at 18178476.



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