-
Bronte Capital Calls For Resignation Of Valeant Board Member
Tuesday, January 12, 2016 - 1:26pm | 308Read More...In a new blog post, Bronte Capital analyst John Hempton explores some inconsistencies in Valeant Pharmaceuticals Intl Inc (NYSE: VRX)’s facts regarding board member Norma Provencio’s involvement in Heartronics/Signalife prior to her tenure at Valeant. After Provencio left Heartronics/...
-
Investment Firm That Held Stake In Valeant Sued By Investors
Monday, January 11, 2016 - 3:43pm | 181Read More...Shares of Valeant Pharmaceuticals Intl Inc (NYSE: VRX) are lower by 16 percent since the start of 2016 and lower by nearly 45 percent over the past year. The losses in Valeant Pharmaceuticals' stock has prompted a group of investors to sue an investment firm that saw more than $2 billion in...
-
Valeant Names Howard Schiller As Interim CEO As Mike Pearson Remains In The Hospital
Wednesday, January 6, 2016 - 11:10am | 261Read More...Shares of Valeant Pharmaceuticals Intl Inc (NYSE: VRX) were trading lower by more than 9 percent early Wednesday before erasing all of the losses and trading in positive territory shortly after the opening bell. Valeant Pharmaceuticals announced that Howard B. Schiller has been named as interim...
-
Here's Why Valeant Is Worrying Deutsche Bank And Morgan Stanley
Tuesday, November 17, 2015 - 12:19pm | 697Read More...Shares of Valeant Pharmaceuticals Intl Inc (NYSE: VRX) are now lower by 70 percent over the past three months. Analysts at Deutsche Bank and Morgan Stanley both raised concerns on the company's business. Gregg Gilbert of Deutsche Bank noted a propriety survey with doctors indicated...
-
Have A Smile? Ackman Calls Out Buffett And Munger For Coca Cola Stake, Says Sugar Is Poison
Thursday, November 12, 2015 - 10:05am | 388Read More...Bill Ackman, hedge fund manager of Pershing Square, lashed out at Warren Buffett and Charles Munger over their large stake in The Coca-Cola Co (NYSE: KO). Ackman said Coca-Cola has "caused enormous damage to society." Last week, Munger lashed out at Valeant Pharmaceuticals Intl...
-
EXCLUSIVE: Philidor Calls Short-Sellers 'Discredited' And 'Patently False'; Citron's Andrew Left Responds
Tuesday, November 10, 2015 - 6:42pm | 186Read More...Valeant Pharmaceuticals Intl Inc (NYSE: VRX) shares are relatively unchanged in Tuesday's after-hours session following a press release from Philidor. The specialty pharma company said it's "deeply disappointed" its working relationship with Valeant has ended, adding that it...
-
Valeant To Be Sold? Ackman Hints At It
Friday, November 6, 2015 - 10:30am | 364Read More...Shares of Valeant Pharmaceuticals Intl Inc (NYSE: VRX) were trading higher by 2 percent early Friday morning. The stock is still lower by more than 50 percent over the past month. The New York Post reported that Bill Ackman hinted at a possible sale of the company. Shares of Valeant...
-
Citron Research Says It Will Not 'Dial Back Warnings' Regarding Valeant
Monday, November 2, 2015 - 1:22pm | 522Read More...Shares of Valeant Pharmaceuticals Intl Inc (NYSE: VRX) were higher by 6 percent late Monday morning. Notable short-seller Citron Research said that it will not "dial back warnings" on Valeant. Citron said that it also "stands by" its Enron analogy and that Valeant has...
-
8 Market-Moving Stories Credit Suisse Is Watching Monday
Monday, October 26, 2015 - 2:07pm | 450Read More...Analysts at Credit Suisse recently discussed eight market moving stories. Of note, the S&P 500 index bounced higher from its overnight lows, but then sold off during the trading session. The markets were trading near flat early Monday afternoon. Analysts at Credit Suisse discussed eight...
-
Valeant Shares Fall Yet Again As Company Holds Conference Call To Defend Itself
Monday, October 26, 2015 - 8:37am | 427Read More...Shares of Valeant Pharmaceuticals Intl Inc (NYSE: VRX) were trading lower by more than 10 percent early Monday morning. The Wall Street Journal reported over the weekend that the relationship between Valeant and specialty pharmacies are "more intertwined than though." Valeant...
-
Probes Reporter Expects 'Array' Of Investigations At Valeant
Friday, October 23, 2015 - 12:31pm | 376Read More...Correction: The previous version of this article, including the title, contained inaccuracies. The firm wrote it expects "an array of protracted, distracting, and expensive investigations." Those are not limited to the SEC. Shares of Valeant Pharmaceuticals Intl Inc (NYSE: VRX) rebounded nearly...
-
These Four Analysts Remain Bullish On Valeant
Thursday, October 22, 2015 - 10:36am | 756Read More...Shares of Valeant Pharmaceuticals Intl Inc (NYSE: VRX) collapsed to a new 52-week low of $88.50 on Wednesday before slightly rebounding but have still lost more than 50 percent over the past three months.. Citron Research published what it considered to be a "smoking gun" report on Wednesday which...
-
Citron Calls Valeant The 'Pharmaceutical Enron,' Sees 60% Downside In Stock
Wednesday, October 21, 2015 - 11:06am | 698Read More...Pharma giant Valeant Pharmaceuticals Intl Inc (NYSE: VRX) is crashing on Wednesday after a scathing new report from Citron Research. Shares have fallen as low as $101, a 31 percent decline. The stock opened the day's trading near $150 per share -- an enormous move for a company with a...
-
Valeant Could See Volatile Trading, But BofA Is Still Bullish
Thursday, October 15, 2015 - 12:40pm | 410Read More...Shares of Valeant Pharmaceuticals Intl Inc (NYSE: VRX) were lower by more than 6 percent Thursday and now down nearly 30 percent over the past three months. Valeant announced on Wednesday it has responded to government inquiries into its drug pricing practices. Sumant Kulkami of Bank of...
-
Trian Partners On Initiated Large Stake In Pentair
Tuesday, June 30, 2015 - 2:52pm | 382Read More...Shares of Pentair plc. Ordinary Share (NYSE: PNR) opened strong for trade on Tuesday after news broke that Nelson Peltz's Trian Partners has acquired a 7.24 percent stake in the company. Ed Garden, Trian Partners CIO, was on CNBC recently to discuss why the fund initiated such a large stake...













