, Stock Forum
) eased 0.16% to $12.71 after Moody's Investor Services cut its ratings outlook to negative from stable.
Moody's said the downgrade reflects the uncertain outcome of the portfolio transformation taking place under the company's strategic repositioning.
Based on the Friday close, Talisman has a market cap of $13.1 billion, based on over one billion shares outstanding. The 52-week range is $13.83 and $10.62.