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Friday, September 26, 2014

Market Chatter-Corporate finance press digest - Sept 26, (NYSE: TOT)

The following corporate finance-related stories were reported by media:* French oil company Total SA is looking to sell its 17 percent stake in the Gulf of Mexico's Tahiti oil field, which could fetch between $1.5 billion and $2 billion, according to people familiar with the matter.

Total SA is a France-based integrated international oil and gas company. Shares of TOT fell by 1.74% or $-1.12/share to $63.16. In the past year, the shares have traded as low as $56.03 and as high as $74.22. On average, 1097490 shares of TOT exchange hands on a given day and today's volume is recorded at 1663155.