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Stock Market & Financial Investment News

News Breaks
August 13, 2014
12:19 EDTREPYYRepsol led group given go-ahead for Canary Island project, FT says
Spain's Ministry of Industry, Energy and Tourism gave a consortium led by Repsol permission for a EUR7.5B exploration project offshore of the Canary Islands despite opposition from the Canaries’ regional government and tourism and ecological groups, reported Financial Times. 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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