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Tuesday, November 25, 2014

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

The following corporate finance-related stories were reported by media: * A Delaware court has held up the merger of oilfield services provider Nabors Industries Ltd's unit with C&J Energy Services Inc, saying C&J's board did not adequately shop the company, the Wall Street Journal reported, citing people familiar with the decision.* U.S. private equity group Providence and two Chinese groups are considering possible offers for the Swiss sports marketing company Infront Sports & Media AG, the Financial Times reported, citing people familiar with situation.

C&J Energy Services, Inc. is a provider of hydraulic fracturing, coiled tubing, wireline and other complementary services with a focus on complex, technically demanding well completions. Shares of CJES traded higher by 1.12% or $0.21/share to $19.01. In the past year, the shares have traded as low as $16.66 and as high as $34.93. On average, 1660200 shares of CJES exchange hands on a given day and today's volume is recorded at 1543317.