Levi & Korsinsky is investigating the Board of Directors of Forest Oil Corporation (“Forest Oil” or “the Company”) (NYSE:FST) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Sabine Oil & Gas LLC. Forest Oil Corporation (NYSE:FST) shares after opening at $2.05 moved to $2.39 on last trade day and at the end of the day closed at $2.33. Company price to sales ratio in past twelve months was calculated as 0.63 and price to cash ratio as 4.19. Forest Oil Corporation (NYSE:FST) showed a positive weekly performance of 25.27%.
YPF SA (ADR) (NYSE:YPF) was gaining on Wednesday on news that Repsol (REPYY) sold nearly all of its stake in the Argentine company to Morgan Stanley (MS). YPF SA (ADR) (NYSE:YPF) shares advanced 10.33% in last trading session and ended the day on $31.09. YPF return on equity ratio is recorded as 12.90% and its return on assets is 4.80%. YPF SA (ADR) (NYSE:YPF) yearly performance is 119.41%.
A shareholder proposal that would prevent executives from pocketing millions of dollars in unearned share awards was defeated by the smallest of margins at the Talisman Energy Inc. (USA) (NYSE:TLM) annual general meeting on Wednesday. Talisman Energy Inc. (USA) (NYSE:TLM) shares moved up 7.93% in last trading session and was closed at $11.02, while trading in range of $10.31 – $11.08. Talisman Energy Inc. (USA) (NYSE:TLM) year to date (YTD) performance is -4.75%.
Penn Virginia Corporation (NYSE:PVA) announced that it will release its first quarter 2014 results after the market closes on Monday, May 12, 2014 and hold a conference call / webcast on Tuesday, May 13, 2014 at 10:00 a.m. ET. Penn Virginia Corporation (NYSE:PVA) weekly performance is 7.63%. On last trading day company shares ended up $17.91. Penn Virginia Corporation (NYSE:PVA) distance from 50-day simple moving average (SMA50) is 11.75%. Analysts mean target price for the company is $19.79.