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Valeant CEO vows to lower debt by more than US$1.5B in 2016
Valeant Pharmaceuticals Inc plans to lower its debt by at least $1.5 billion this year, Chief Executive Officer Joseph Papa said on Monday during his first large meeting with investors since taking the top job three weeks ago.
Posted on 5-24-2016 at 7:43 AM
Is Valeant Bill Ackman’s 'Waterloo?'
At least one money manager isn't buying Bill Ackman’s claims to have cleaned up the situation at Valeant, the troubled pharmaceutical company.
Posted on 5-12-2016 at 12:25 PM
Key player in Pershing Square's Valeant bet leaving firm
William Doyle, a key figure in Pershing Square Capital Management's controversial investment in battered drug company Valeant Pharmaceuticals, is leaving the hedge fund, its founder, William Ackman, told investors on Wednesday.
Posted on 5-12-2016 at 8:15 AM
Allergan profit beats, announces authorization of share buyback program of up to $10B
Allergan Plc whose $160 billion merger with Pfizer Inc fell apart last month, reported a better-than-expected quarterly profit on Tuesday, led by strong sales of wrinkle treatment Botox and eye drug Restasis.
Posted on 5-10-2016 at 11:28 AM
Krispy Kreme to be acquired by Germany's JAB for US$1.35B
Krispy Kreme Doughnuts Inc will be taken private by JAB Holding Co for about $1.35 billion, the second buyout of a U.S. food company by the German investment firm in just over two months.
Posted on 5-09-2016 at 9:44 AM
Valeant to file quarterly report by June 10, reiterates forecast
Valeant Pharmaceuticals said it expects to file its first-quarter report with U.S. and Canadian regulators on or before June 10, ahead of a July 31 deadline and reiterated its first-quarter forecasts.
Posted on 5-09-2016 at 11:59 AM
Canada's trade deficit widens to all-time record of $3.41 billion
Canada's trade deficit in March unexpectedly widened to a record $3.41 billion as exports sank for a second month on widespread weakness, Statistics Canada data indicated on Wednesday.
Posted on 5-04-2016 at 8:48 AM
Trump, the outrageous outsider, now presumptive Republican nominee
Billionaire reality TV star Donald Trump completed his transformation from long-shot White House candidate to presumptive Republican presidential nominee after his commanding win in Indiana's primary forced his main rival Ted Cruz to drop out of the race.
Posted on 5-04-2016 at 7:31 AM

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