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Friday, November 21, 2014

Global M&A deals cross $3 trln for first time since 2007, (NYSE: C), (NYSE: JPM), (NYSE: TRI), (TSE: TRI.TO)

Mergers and acquisition deals announced so far this year have topped $3 trillion, the highest since 2007, helped by mega deals in the healthcare, energy and power sectors. The total value of deals globally jumped about 48 percent to $3.06 trillion as of Nov. 20, compared with the same period last year, according to Thomson Reuters data.Goldman Sachs Group Inc retained its No. 1 position as M&A adviser with deals worth $877 billion, followed by JPMorgan Chase & Co with $651 billion and Citigroup Inc with $633 billion.Morgan Stanley slipped to the fifth position from third last year.The M&A market, which was the doldrums following the financial crisis, got a lift from a resurgent stock market and growing confidence among cash-rich companies.

Citigroup Inc. (Citigroup) is a global diversified financial services holding company whose businesses provide consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services and wealth management. Shares of C fell by 0.28% or $-0.15/share to $53.66. In the past year, the shares have traded as low as $45.18 and as high as $55.28. On average, 17289600 shares of C exchange hands on a given day and today's volume is recorded at 8664949.

JPMorgan Chase & Co. (JPMorgan Chase) is a financial holding company. Shares of JPM traded higher by 0.12% or $0.07/share to $60.60. In the past year, the shares have traded as low as $52.97 and as high as $61.93. On average, 14089900 shares of JPM exchange hands on a given day and today's volume is recorded at 9210079.

Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.05% or $-0.02/share to $38.05. In the past year, the shares have traded as low as $33.21 and as high as $38.73. On average, 744498 shares of TRI exchange hands on a given day and today's volume is recorded at 482119.

Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.4% or $0.17/share to $43.19. In the past year, the shares have traded as low as $36.86 and as high as $43.74. On average, 699444 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 391063.



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