Why Valeant Pharmaceuticals Tumbled 10.9% Today [The Motley Fool]
VALEANT PHARMACEUTICALS (VRX)
Last valeant pharmaceuticals earnings: 2/28 07:00 am
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ir.valeant.com
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Source: The Motley Fool
The company's fallen out of favor with one of the world's most respected research firms. Todd Campbell ( TMFEBCapital ) Jan 24, 2018 at 7:48PM What happened After Goldman Sachs tossed cold water on the company's market-beating performance by initiating a sell recommendation today, shares in Valeant Pharmaceuticals ( NYSE:VRX ) lost 10.9% of their value today. So what Last year was a successful one for Joseph Papa, Valeant's CEO. Papa inherited a company struggling to overcome a host of challenges stemming from a relationship with its specialty distributor that proved to be all too close for comfort and a mountainous debt load his predecessor amassed. IMAGE SOURCE: GETTY IMAGES. As part of his plan to get the company back on track, Papa has reduced Valeant's debt by $6 billion, and has done so ahead of schedule, by jettisoni
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