New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 7, 2013
14:14 EDTTLM, SWYSafeway, Talisman stakes taken by activist West Face, Globe & Mail says
The activist fund West Face Capital disclosed in its quarterly update to investors, issued on Feb. 5, that during the quarter it had acquired minority stakes in Safeway (SWY) and Talisman Energy (TLM) among its holdings, according to The Globe and Mail. West Face said Safeway’s Blackhawk gift card division and Canadian unit are undervalued and may be potential candidates for divestiture, the report noted. Reference Link
News For SWY;TLM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
March 18, 2015
12:15 EDTTLMTalisman 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

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use