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Stock Market & Financial Investment News

News Breaks
December 17, 2013
06:30 EDTFSTForest Oil downgraded to Neutral from Outperform at RW Baird
Baird downgraded Forest Oil due to Eagle Ford concerns around future growth given increasing leverage and sub-par RORs. . Price target lowered to $4 from $7.
News For FST From The Last 14 Days
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October 27, 2014
18:38 EDTFSTS&P announces changes to the S&P MidCap 400 and S&P SmallCap 600 indices
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17:21 EDTFSTADTRAN to replace Forest Oil in S&P 600 as of 10/31 close
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October 20, 2014
07:09 EDTFSTForest Oil announces commencement of proxy mailing
Forest Oil Corporation will commence mailing definitive proxy materials today in connection with the meeting to Forest shareholders for the purpose of voting on the previously announced business combination transaction between Sabine Oil & Gas LLC and Forest. Today’s action follows completion of the Securities and Exchange Commission review process last week. Forest has scheduled the special meeting of shareholders for November 20, 2014, to consider and vote on the proposed merger agreement with Sabine. Forest shareholders of record at the close of business on October 3, 2014, the record date, are entitled to notice of, and to vote at, the Forest special meeting. Closing of the transaction is subject to approval of shareholders of Forest, necessary regulatory approvals and other closing conditions. If approved, Forest anticipates the transaction to close in 2014.

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