Worst Case Valeant (VRX) is a Buy - Mizuho
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Valeant (VRX) Price Target Cut to $195 at Guggenheim; Thesis Intact
November 6, 2015 6:29 AM ESTGuggenheim analyst Louise Chen lowered her price target on Valeant Pharmaceuticals (NYSE: VRX) to $195.00 (from $300.00) but maintained a Buy rating saying the investment thesis remains intact.
Chen commented, "We are lowering our PT for VRX to $195 from $300. The decrease in our PT is... More
Is a 'Fire Sale' in Store for Valeant Pharma (VRX)?
November 5, 2015 3:42 PM ESTWith all hope lost, speculators wonder if a fire sale may be the last resort to stop the bleeding in Valeant Pharma (NYSE: VRX) shares.
Trades are keenly focusing on the last line in Bill Ackman's letter supporting Valeant Pharma... More
Ackman, in email, says supports Valeant CEO Pearson
November 5, 2015 2:43 PM ESTBOSTON (Reuters) - Billionaire investor William Ackman on Thursday told Valeant Pharmaceuticals International Inc's (NYSE: VRX)(NYSE: VRX) chief executive that he supports him and praised management and the board of directors for considering "any and all alternatives" that would... More
Bill Ackman supports Valeant Pharma (VRX) CEO Pearson - CNBC
November 5, 2015 2:14 PM EST(Updated - November 5, 2015 2:23 PM EST)
Bill Ackman supports Valeant Pharma (NYSE: VRX) CEO Mike Pearson, according to a letter seen by CNBC.
In a letter to Mr. Person, Ackman said, "In light of recent press reports, I though it... More
Endo (ENDP) Defended at Guggenheim
November 5, 2015 2:02 PM ESTEndo International (NASDAQ: ENDP) shares declined Thursday, dropping 20%. Weakness followed Q3 results and guidance, but may have more to with writedowns and read-through from other companies like Lannett (NYSE: LCI) and Valeant Pharma (NYSE: VRX), said Guggenheim analyst Louise Chen. In the analyst's view, weakness is "overdone."
"The Street appeared disappointed that ENDP wrote down some assets and we believe part of the sell-off can be attributed to broader headlines in... More
Valeant Pharma (VRX) Board Has Full Confidence in Mike Pearson - CNBC
November 5, 2015 1:53 PM ESTValeant Pharma (NYSE: VRX) says in statement CEO Mike Pearson continues to have board's full confidence; "he remains focused on running the business" - CNBC's Tirrel
... MoreHedgEye says Valeant Pharma (VRX) may fall another 75%
November 5, 2015 1:14 PM ESTHedgEye says Valeant Pharma (NYSE: VRX) may fall another 75%
... MoreStreetinsider.com's Hot Lunchtime Reads 11/5: (VRX) (CAB) (QCOM) (BLRX) (RNWK)
November 5, 2015 12:19 PM ESTThe following is a list of notable articles to help get you through the lunch hour:Three Reasons Valeant (VRX) is Plunging Today ->... More
Three Reasons Valeant (VRX) is Plunging Today
November 5, 2015 12:02 PM ESTInvestors continue to scratch their head as to why Valeant Pharma (NYSE: VRX) plunged 20% today. There are three theories to explain today's wild ride. The first theory is that there was... More
BMO Capital Sees Valeant (VRX) Weakness Related to Ackman Comments that Pearson Might Have to Go
November 5, 2015 11:47 AM ESTBMO Capital analyst Alex Arfaei weighed in on today's weakness in Valeant Pharmaceuticals (NYSE: VRX), saying they suspect that the decline is primarily related to Mr. Ackmans comments published today in the Wall Street Journal suggesting that Valeants CEO, Mr. Pearson, might have to go.
The article discloses conversations between Mr. Ackman and Valeants lead director, Robert Ingram. According to the article, Mr. Ackman told Mr. Ingram "If Mike [Pearson] hides in the bunker on this, he cant be CEO." Moreover, according to the article, Mr. Ackman told Mr.... More
Ackman backs Valeant CEO as shares tumble to 2-1/2 year lows
November 5, 2015 10:58 AM ESTBy Svea Herbst-Bayliss and Caroline Humer
BOSTON/NEW YORK (Reuters) - Billionaire investor Bill Ackman expressed confidence in Valeant Pharmaceuticals International Inc's chief executive on Thursday as shares in the drugmaker fell as much as 20 percent to their lowest level since 2013 on concerns over its business practices.
Valeant (NYSE: VRX)(NYSE: VRX) CEO Michael Pearson has come under increasing pressure as the company's stock plunged from $263.70 on Aug. 5 to below $80 on Thursday on scrutiny over high price markups for its drugs and accusations it used a specialty pharmacy,... More
Valeant (VRX) In Free Fall as Large Holders May Finally Be Crying Uncle
November 5, 2015 10:42 AM ESTShares of embattled pharmaceutical company Valeant Pharma (NYSE: VRX) are in free fall Thursday. Shares last traded down 18% to $75. All the talk on Wall Street is that large shareholders are finally throwing in the towel, forced or otherwise, following allegations of prescription and medicare... More
Ackman Stocks Trade Lower on Valeant (VRX) Free-Fall
November 5, 2015 10:25 AM ESTA number of Bill Ackman stocks are getting hit with today's free fall in Valeant (NYSE: VRX) (-16%): Zoetis (NYSE: ZTS) (-3%), Mondelez (NASDAQ: MDLZ) (-0.5%), Air Product (NYSE:... More
Valeant Pharma (VRX) Plunges Over 16%
November 5, 2015 10:12 AM ESTSell-off in Valeant Pharma (NYSE: VRX) intensifies. Shares down 16%. Chatter liquidation by large holders
... More
