BUZZ - Deutsche shares rise after reports that activist investor Toms Capital urges sale

September 23 - ** Oil producer Devon Energy DVN.N shares rose 3.2% to $48.43

** According to CNBC, activist investor Toms Capital has urged Devon Energy to explore alternatives including a sale in a letter

** Toms Capital has now become one of Devon Energy's top five shareholders — CNBC has reviewed the letter

** CNBC reported that, in meetings held before sending the letter, Toms had encouraged similar strategies and is now urging the company to sell itself

** Toms Capital and Devon Energy have not yet immediately responded to Reuters' request for comment

** Devon Energy's stock was also boosted by rising crude oil prices; the stock ranked among the top gainers in the S&P 500 Energy Index .SPNY

** Including the day’s gains, Devon Energy is up 32% so far this year

(To assist non-native English speakers, Reuters has automated its reports into several other languages. As automated translations may contain errors or lack required context, Reuters does not guarantee the accuracy of the automated translation text, and provides these translations solely for user convenience. Reuters accepts no responsibility for any damages or losses arising from the use of automated translation.)