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March 25, 2013
07:39 EDTHES, STOHess Corp. volatility low, attractive takeover target for Norway's Statoil, WSJ
Hess Corp. (HES) overall option implied volatility of 28 is below its 26-week average of 31 according to Track Data, suggesting decreasing price movement on the company could be an attractive takeover target for Norway's Statoil (STO), the Wall Street Journal reports.
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