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Stock Market & Financial Investment News

News Breaks
September 15, 2013
18:48 EDTREPYYRepsol looks for acquisition of North American oil-firm, WSJ says
Repsol is looking to buy a North American oil company as it seeks to increase its investments in politically stable countries and the U.S. energy boom, says the Wall Street Journal. 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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