Market Overview

Mid-Day Gainers From December 16, 2014: Talisman Energy, GT Advanced Technologies, Encana, Linn Energy, ADT

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Talisman Energy Inc. (USA) (NYSE: TLM) +48% - The company announced a definitive agreement with Repsol S.A. under which Repsol will acquire Talisman for $8.00 per share.

GT Advanced Technologies Inc. (OTC: GTATQ) +12.7% - Late Monday, the company announced it has won bankruptcy court approval of a settlement with Apple Inc.

Linn Energy LLC (NASDAQ: LINE) +15.7% - Despite a downgrade from Baird, shares are up sharply. The rise in price may be a result of the company announcement late Monday that Linn Energy and LinnCO have closed the previously announced sale of Granite Wash and Cleveland Properties for $350 million.

Encana Corporation (USA) (NYSE: ECA) +8.3% - Shares are higher following the company’s announcement of its 2015 capital program.

ADT Corp (NYSE: ADT) +2.9% - President Alan Ferber filed a Form 4 that showed he acquired 2,000 shares In ADT Corp.

Posted-In: Intraday Update Movers

 

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