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Forest Oil Corporation (NYSE:FST) climbs up 10.53% to $20.25 SandRidge Energy Inc. announced that it has entered into a definitive purchase agreement to acquire oil and gas properties in the Permian Basin from Forest Oil Corporation (Forest) and one of its subsidiaries for $800 million. Approximately $720 million of the purchase price is attributable to the reserves and $80 million to undeveloped acreage, equipment and other assets.
Harmony Gold Mining Co. (ADR) (NYSE:HMY) climbs up 5.77% to $11.74. The stock hit an intraday high and an intraday low of $11.77 and $11.56 respectively. In the last three months the stock went up over 30%. Harmony Gold Mining Company Limited is a gold producer. The Company conducts underground and surface gold mining and related activities, including exploration, processing, smelting and beneficiation.
Tata Motors Limited (ADR) (NYSE:TTM) climbs up 9.43% to $15.67 on 1.52 million shares after the company upgraded to Overweight by Morgan Stanley. Tata Motors is currently above its 50-day moving average of $12.70 and above its 200-day moving average of $9.40. Tata Motors Limited is engaged in manufacturing automotive vehicles. The Company is engaged in the development, designing, manufacturing, assembling and sale of vehicles, including financing thereof, as well as sale of related parts and accessories. It manufactures commercial vehicle, three passenger vehicle, truck and bus.
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