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Valeant to replace CEO, adds activist investor to board
2016-03-21 23:21:02| Biotech - Topix.net
Embattled drug company Valeant Pharmaceuticals says it is looking for a new CEO and has added activist investor William Ackman to its board of directors. Valeant Pharmaceuticals International Inc. says current CEO J. Michael Pearson will stay until his replacement has been appointed.
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Valeant is looking for a new CEO and has named Bill Ackman to...
2016-03-21 23:21:00| Biotech - Topix.net
"I am looking forward to working with the board to identify new leadership for Valeant," Ackman said in a statement. The company's board also said it asked its former CFO Howard Schiller to tender his resignation as a director, but he has not done so.
Boss axed at controversy-hit Valeant
2016-03-21 15:28:27| BBC News | Business | UK Edition
The boss of Valeant Pharmaceuticals is to step down, saying he "regrets the controversies" that have hit the drugs maker in recent months.
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Analysts Start to Turn Against Valeant After Worst Day Ever
2016-03-18 00:30:03| Biotech - Topix.net
One of Valeant Pharmaceuticals International Inc.'s biggest sell-side supporters downgraded her rating on the company's stock Wednesday, following other analysts who are starting to turn against the drugmaker after a 51 percent drop in the shares Tuesday. Shibani Malhotra, an analyst with Nomura Securities, cut her rating on the shares to neutral and gave a $60 12-month price target.
Valeant Pharmaceuticals Stock: Buy On The Drop?
2016-03-16 13:40:49| Semiconductors - Topix.net
This article is my 18th installment in a segment called "Buy on the Drop?" where I choose a stock that recently experienced a large decrease in price and give a recommendation on whether investors should "Buy on the Drop" or not. This is a recurring segment, so if you enjoy the article, "Follow" me to see more.
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