12.30 -0.09 (-0.73%)
Pre-Market: 4:09AM EDT
|Bid||12.20 x 200|
|Ask||12.30 x 800|
|Day's Range||12.36 - 12.82|
|52 Week Range||8.31 - 24.30|
|PE Ratio (TTM)||-3.79|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Shopify Inc (US) (NYSE:SHOP) shares have lost about 17% of their value since short-sellers Citron Research issued a scathing report that called it an affiliate marketing scam comparable to Herbalife Ltd. (NYSE:HLF). The Canadian e-commerce software company should have called Citron’s claim a compliment, since Herbalife’s value has doubled since hedge fund manager Bill Ackman put out his famous short call almost five years ago. To me, the Citron report looks scary enough to act on. Other InvestorPlace writers disagree.
LAVAL, Quebec, Oct. 16, 2017 /PRNewswire/ -- Valeant Pharmaceuticals International, Inc. (VRX) (VRX) ("Valeant") announced today the results to date of the pending cash tender offers (the "Tender Offers") by Valeant and Valeant Pharmaceuticals International ("VPI," and together with Valeant, the "Offerors"), a wholly-owned subsidiary of Valeant, to purchase up to $1,000,000,000 aggregate principal amount (the "Aggregate Maximum Purchase Amount") of their respective outstanding notes listed in the table below (collectively, the "Notes"), as well as the anticipated early settlement date for the Tender Offers on October 17, 2017 (the "Early Settlement Date"). Valeant is the Offeror for the notes issued by it, and VPI is the Offeror for the notes issued by it.
Valeant And One Of Its Subsidiaries Announce Early Tender Results And Early Settlement Date For Cash Tender Offers For Senior Notes
NEW YORK, NY / ACCESSWIRE / October 16, 2017 / Shares of Celgene Corporation saw a small gain on Friday despite any news, while Valeant Pharmaceuticals saw a loss of roughly 3% despite not having any significant ...
Valeant Pharmaceuticals International Inc (NYSE:VRX), a CAD$4.82B mid-cap, is a healthcare company operating in an industry, which has experienced tailwinds from issues such as higher demand driven by an agingRead More...
October has been relatively quiet for Valeant Pharmaceuticals Internation (VRX), with little in the way of attention getting news. Yes, there have been some small successes in drug trials, and even a positive note from a Deutsche Bank analyst. Today, however, Valeant's stock has more than doubled its October loss after Wells Fargo's David Maris raised concerns about a lawsuit filed by Depomed (DEPO) over an alleged $20 million in unpaid royalties: In the grand scheme of Valeant’s issues, an unpaid $20 million bill barely rises to the level of investor concern.
Valeant Pharmaceuticals International, Inc. (VRX) announced encouraging results from the long-term phase III extension study, AMAGINE-2 on psoriasis drug Siliq.
Then there was the demise of Valeant Pharmaceuticals Intl Inc (NYSE:VRX), followed by an EpiPen scandal at Mylan N.V. (NASDAQ:MYL). While GILD stock also fell, the reasons were largely unrelated to the scandals which plagued its peers. The company’s big Hepatitis C Virus (HCV) drug worked really well.
Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Valeant Pharmaceuticals International, Inc.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving Average ... Read more (Read more...)
If the names Andrew Left or Citron Research ring a bell, there’s a reason. Left, the lead (and seemingly only) analyst for Citron largely prompted the scrutiny of specialty pharmacy company Philidor, owned by Valeant Pharmaceuticals Intl Inc (NYSE:VRX).
LAVAL, Quebec, Oct. 12, 2017 /PRNewswire/ -- Ortho Dermatologics, a division of Valeant Pharmaceuticals International, Inc. (NYSE: VRX and TSX: VRX), today announced results from the Pivotal Phase 3 long-term extension study (AMAGINE-2), which demonstrated that SILIQ™ (brodalumab) injection provided sustained high levels of skin clearance (PASI 100) over more than two years in patients with moderate-to-severe psoriasis. SILIQ is indicated for the treatment of moderate-to-severe plaque psoriasis in adult patients who are candidates for systemic therapy or phototherapy and have failed to respond or have lost response to other systemic therapies.
Ortho Dermatologics Announces Two-Year Findings From Pivotal Phase 3 Study Of SILIQ™ (brodalumab) Injection Data Demonstrating Long-Term Efficacy Profile
In spring 2016, when many mutual funds and other investors were heaving over shares of Valeant Pharmaceuticals International as if trying to lighten a sinking ship, David Ford, co-founder of distressed-debt ...
Shares of Valeant Pharmaceuticals International (VRX) are falling today despite a bullish analyst note that suggests the troubled drug maker’s biggest-selling drugs could grow market share in the next year. Deutsche Bank’s Gregg Gilbert and Greg Fraser conducted a survey of 25 primary care physicians who frequently prescribe treatments for irritable bowel syndrome inorder to assess their views on Valeant’s Xifaxan and two rival drugs from Allergan (AGN). The pair expect accelerating sales growth for Xifaxan, but flat sales for Allergan’s Viberzi and slowing growth for Linzess.
On Oct. 4, shares of Shopify Inc (US) (NYSE:SHOP) fell 11% after a bearish report was issued by Citron Research’s Andrew Left. Most famously, Left nailed the short sale in Valeant Pharmaceuticals Intl Inc (NYSE:VRX). Perhaps this is why so many fear his other short calls — he could be right, in devastating manner. Although, it should be noted he has a pretty notable bullish call on BlackBerry Ltd (NASDAQ:BBRY), saying it could double as he compares it to Nvidia Corporation (NASDAQ:NVDA).
The last time I wrote about AT&T Inc (NYSE:T) was mid-September. In my opinion, AT&T stock will be lucky to duplicate its 9.2% annualized total return over the next 12 years, making its 5.2% yield anything but risk-free. Naturally, this offended some of the more sensitive AT&T longs and I heard from one of them.
BOSTON , Oct. 5, 2017 /PRNewswire/ -- Kyros Law Offices is alerting investors of Valeant Pharmaceuticals Intl (NYSE: VRX) that it is investigating legal claims against the company for possible securities ...
Left claims that Shopify’s marketing tactics run afoul of Federal Trade Commission regulations, which likely will lead to an investigation. From a valuation standpoint, he argues that SHOP stock essentially is just too overvalued. Is Left Right on Shopify Stock? While the standard cries of “market manipulation” have accompanied Citron’s bear raid, the firm does make a good case relative to Shopify’s advertising.
If you’re having a tough time handicapping Valeant Pharmaceuticals Intl Inc (NYSE:VRX), don’t beat yourself up. It is a moving target and VRX stock is a “gut feeling” kind of play in the midst of a major transition. Two more developments unveiled within the past few days further muddy the waters as to where Valeant — and VRX stock — may be going.
No doubt Valeant Pharmaceuticals Intl Inc (NYSE:VRX) is still considered junk by some investors. This week analysts at S&P Global Ratings, announced Valeant’s debt is still deep in junk territory. The S&P update was prompted by Valeant, issuing $1.0 billion in new 8-year senior secured notes to repay an equal amount of senior unsecured debt from issues maturing in 2020.
BOTHELL, Wash., Oct. 4, 2017 /PRNewswire/ -- Solta Medical, a division of Valeant Pharmaceuticals North America LLC, announced today that its Thermage FLX™ System received 510(k) clearance from the U.S. Food and Drug Administration (FDA) to non-invasively smooth skin on the face, eyes, and body. Thermage FLX is the newest generation of Thermage® technologies known for non-invasively reducing the appearance of fine lines and wrinkles. The system uses patented radiofrequency technology to create a uniform heating effect in the deep collagen-rich layers of the skin.