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Stock Market & Financial Investment News

News Breaks
July 24, 2014
10:37 EDTTLM, HSH, IPOptions with increasing implied volatility: TLM IP HSH
News For TLM;IP;HSH From The Last 14 Days
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March 25, 2015
07:07 EDTIPInternational Paper, Packaging Corp. can create value, says Wells Fargo
After evaluating the current leverage and capital allocation options of International Paper (IP) and Packaging Corp (PKG), Wells Fargo thinks the companies can create meaningful value by pursuing acquisitions and, to a lesser extent, share repurchases. The firm keeps Outperform ratings on both names.
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

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