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Wednesday, January 7, 2015

Market Chatter- Corporate finance press digest - Jan 8, (NYSE: DKS)

The following corporate finance-related stories were reported by media: * Standard Chartered is closing its cash equities and equities underwriting businesses, people with direct knowledge of the matter told Reuters on Thursday, exiting a division that had struggled for profitability since the bank re-entered the segment in 2010.* Dick's Sporting Goods Inc is holding early-stage conversations with a handful of takeover firms about going private, according to people familiar with the matter.

DICK'S Sporting Goods, Inc. is a sports and fitness specialty omni-channel retailer offering a range of brand name sporting goods equipment, apparel and footwear in a specialty store environment. Shares of DKS traded higher by 11.72% or $5.77/share to $55.01. In the past year, the shares have traded as low as $41.30 and as high as $58.38. On average, 1565590 shares of DKS exchange hands on a given day and today's volume is recorded at 10995674.