UPDATE 1-Market Chatter-Corporate finance press digest

Wed Oct 16, 2013 2:08am EDT
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Oct 16 (Reuters) - The following corporate finance-related stories were reported by media on Wednesday:

* Advance Auto Parts Inc plans to buy closely held General Parts International Inc for a little more than $2 billion, the Wall Street Journal reported, citing people familiar with the matter.

* JPMorgan Chase & Co has reached an agreement with the Commodity Futures Trading Commission to pay $100 million to settle charges related to the bank's "London Whale" trading scandal, according to the Wall Street Journal.

* Amazon.com Inc is developing smartphones with HTC Corp, putting it in a position to compete with Apple Inc and Google Inc, the Financial Times reported.