The following corporate finance-related stories were reported by media: * The National Basketball Association has reached long-term media rights contracts with Walt Disney Co and Time Warner Inc's Turner Broadcasting, more than doubling the fees it received under the previous contracts, the Wall Street Journal reported, citing people familiar with the matter.* A group of 12 banks, including BNP Paribas SA, Credit Suisse Group AG, Goldman Sachs Group Inc , HSBC Holdings, and JP Morgan Chase & Co are working together to set up a one-stop bond shop for buyers and sellers of corporate bonds, the Wall Street Journal reported, citing people familiar with the matter.
Credit Suisse Group AG is a Switzerland-based holding company engaged in private banking, investment banking and asset management areas. Shares of CS fell by 0.52% or $-0.14/share to $26.87. In the past year, the shares have traded as low as $26.38 and as high as $33.98. On average, 841177 shares of CS exchange hands on a given day and today's volume is recorded at 631120.
The Walt Disney Company, together with its subsidiaries, is a diversified worldwide entertainment company. Shares of DIS traded higher by 1.91% or $1.66/share to $88.45. In the past year, the shares have traded as low as $63.10 and as high as $91.20. On average, 5670880 shares of DIS exchange hands on a given day and today's volume is recorded at 7552890.
The Goldman Sachs Group, Inc. (Goldman Sachs), is a global investment banking, securities and investment management firm that provides a range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Shares of GS traded higher by 2.84% or $5.19/share to $188.07. In the past year, the shares have traded as low as $151.65 and as high as $188.58. On average, 2518410 shares of GS exchange hands on a given day and today's volume is recorded at 3271408.
Source
