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Stock Market & Financial Investment News

News Breaks
January 15, 2013
10:48 EDTREPYYRepsol sees selling $2.7B in LNG assets soon, Bloomberg says
Repsol (REPYY) expects to sell certain liquefied natural gas assets for about $2.7B, which excludes debt, by early next month, reported Bloomberg, citing a person familiar with the matter who declined to name the buyer. In November, Repsol said it planned to agree on a sale of assets in Peru, Trinidad and Spain by the end of last year, the report noted. Reference Link
News For REPYY From The Last 14 Days
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March 27, 2015
10:03 EDTREPYYOn The Fly: Analyst Initiation Summary
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05:42 EDTREPYYRepsol initiated with an Underperform at Jefferies
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March 18, 2015
12:15 EDTREPYYTalisman Energy to cut 150-200 employees, WSJ reports
Talisman Energy (TLM) will cut its workforce by 150-200 employees, or about 10%-15%, in response to lower oil prices, The Wall Street Journal reports, citing a company spokesperson. In addition, Talisman, which is in the process of being acquired by Repsol (REPYY), is cutting its 2015 capital program to $2.1B, a 30% reduction from 2014 spending and lower than its prior 2015 forecast of $2.7B. The job cuts are mainly at Talisman's head office in Calgary and are not related to the Repsol takeover. Reference Link

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