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Tuesday, October 14, 2014

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

The following corporate finance-related stories were reported by media: * Singapore's DBS Group Holdings has hired Morgan Stanley to find a partner to sell life insurance products in Asia under a new deal, after its pact with Aviva Plc ends in 2015, people with direct knowledge of the matter said.* Italian motorway company Atlantia will put up for sale a stake of up to 20 percent in airport operator Aeroporti di Roma (ADR) this year as part of plans to cut its holding in ADR to around 60 percent, three sources said on Monday.

Aviva plc (Aviva) is an insurance and asset management company. Shares of AV traded higher by 0.45% or $0.07/share to $15.72. In the past year, the shares have traded as low as $13.52 and as high as $18.24. On average, 124582 shares of AV exchange hands on a given day and today's volume is recorded at 145272.

Morgan Stanley is a global financial services company that, through its subsidiaries and affiliates, provides its products and services to a range of clients and customers, including corporations, governments, financial institutions and individuals. Shares of MS fell by 0.27% or $-0.09/share to $32.85. In the past year, the shares have traded as low as $27.50 and as high as $36.44. On average, 9366670 shares of MS exchange hands on a given day and today's volume is recorded at 14668796.



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