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Monday, November 17, 2014

Takeover Digest - Wall Street Journal - Nov 17, (NYSE: GS), (NYSE: JPM)

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * A sales tax increase pushed Japan's economy into a recession in the third quarter, setting the stage for Prime Minister Shinzo Abe to postpone a second increase in the sales tax. (on.wsj.com/1tZeV8P)* Bank of North Dakota, the United State's state-owned bank which has one branch and no automated teller, is more profitable than Goldman Sachs Group Inc, has a better credit rating than JPMorgan Chase & Co and has not seen profit growth drop since 2003. The bank has been one of the biggest beneficiaries of the boom in Bakken shale-oil production from hydraulic fracturing. (on.wsj.com/1EP3J57)

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 fell by 0.14% or $-0.26/share to $189.98. In the past year, the shares have traded as low as $151.65 and as high as $192.68. On average, 2786800 shares of GS exchange hands on a given day and today's volume is recorded at 1691559.

JPMorgan Chase & Co. (JPMorgan Chase) is a financial holding company. Shares of JPM traded higher by 0.08% or $0.05/share to $60.28. In the past year, the shares have traded as low as $52.97 and as high as $61.93. On average, 14144100 shares of JPM exchange hands on a given day and today's volume is recorded at 6803396.



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