Orlando, FL -- (SBWIRE) -- 09/26/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Talisman Energy Inc. (USA)(NYSE:TLM), Halliburton Company (NYSE:HAL).
Talisman Energy Inc. (USA)(NYSE:TLM) shares increased 3.66% to $11.33. The company hosted their Peters & Co. Limited 2013 Energy Conference webcast on 12-Sep-13 at 11:45 AM ET.
Additionally, On Aug 28, Zacks Investment Research downgraded Canadian energy explorer, Talisman Energy Inc. (TLM) to a Zacks Rank #4 (Sell). Talisman witnessed sharp downward estimate revisions after reporting a disappointing second-quarter 2013 result. In fact, Talisman delivered negative earnings surprises in each of the last 7 quarters with an average miss of 131.6%.
Are investors worried about the recent updates with TLM? Find out with a free trend analysis HERE
Halliburton Company (NYSE:HAL) stock increased 0.27% to $48.88. The company on Sept. 19 pleaded guilty to federal charges of destroying evidence, stemming from its role in the 2010 BP oil disaster that killed 11 men and sent more than 4 million barrels of oil spewing into the Gulf of Mexico. A former Halliburton cementing technology director in Texas also was charged on Thursday with destroying evidence.
Additionally, the company on August 29 announced the final results of its modified Dutch auction tender offer, which expired at 11:59 p.m., New York City time, on Thursday, August 22, 2013.
Halliburton has accepted for purchase 68,041,236 shares of its common stock at a purchase price of $48.50 per share, for an aggregate cost of $3.3 billion, excluding fees and expenses relating to the tender offer. These shares represent approximately 7.4% of the total number of shares of Halliburton common stock issued and outstanding as of August 26, 2013.
Is HAL going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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