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Wednesday, September 24, 2014

Market Chatter- Corporate finance press digest - Sept 24, (NYSE: WAG)

The following corporate finance-related stories were reported by media: * National Australia Bank, the country's fourth-biggest lender by market value, is weighing the sale of its insurance unit, which has been a drag on its earnings and capital, people familiar with the matter told Reuters.* U.S. drugstore chain operator Walgreen Co is exploring the sale of a majority stake in its infusion services business, in a deal that could value that division at around $1.5 billion, according to four people familiar with the matter.

Walgreen Co. (Walgreens) together with its subsidiaries, operates as a retail drugstore chain in the United States. Shares of WAG traded higher by 1.13% or $0.68/share to $61.10. In the past year, the shares have traded as low as $53.76 and as high as $76.39. On average, 8944400 shares of WAG exchange hands on a given day and today's volume is recorded at 9195168.