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President and Chief Executive of Talisman Energy Hal Kvisle (R) meets with shareholders before the company's annual general meeting in Calgary, Alberta, May 1, 2013.
President and Chief Executive of Talisman Energy Hal Kvisle (R) meets with shareholders before the company's annual general meeting in Calgary, Alberta, May 1, 2013.
(Todd Korol/Reuters)

Icahn aside, Talisman still on a hard road to growth

Investors are looking at Talisman Energy Inc. with caution, wagering that despite Carl Icahn’s success at influencing its direction, the company’s turnaround will still take time.

On Monday, the big-name activist investor gave the stock a second bump in as many months when Talisman disclosed that two of his nominees were being welcomed onto the Calgary-based oil producer’s board.