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Valeant sets earnings date, shares jump on hope for positive news
March 7, 2016 by elegant · Leave a Comment
(Reuters) – Valeant Pharmaceuticals International Inc , the subject of intense scrutiny over its business practices and pricing policies, said it would release preliminary quarterly results and guidance on March 15, raising hopes the company will serve up some positive news after months of uncertainty. Valeant's stock – which had plunged 24 percent since the company said last week that it would delay its …
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Valeant sets earnings date, shares jump on hope for positive news
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U.S. slaps export curbs on China’s ZTE over alleged Iran scheme
March 7, 2016 by elegant · Leave a Comment
The United States is imposing export restrictions on China's ZTE Corp and three other entities over an alleged scheme developed by the telecoms equipment maker to re-export controlled items to Iran, contrary to U.S. law, according to a U.S. notice on Monday. The U.S. Commerce Department, in the public notice, cited ZTE documents that showed the mobile handset maker planned to use shell companies in the scheme, leading the department to impose export curbs…
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U.S. slaps export curbs on China’s ZTE over alleged Iran scheme
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U.S. top court rejects challenge to IRS denying foreign tax credits
March 7, 2016 by creative · Leave a Comment
The U.S. Supreme Court on Monday rejected bids by three companies to recoup hundreds of millions of dollars in foreign tax credits denied by the Internal Revenue Service as the tax agency tries to curb corporate abuse of such credits. The high court left in place lower court rulings in favor of the U.S. government in cases involving American International Group Inc,
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U.S. top court rejects challenge to IRS denying foreign tax credits
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Supreme Court rejects Apple e-books price-fixing appeal
March 7, 2016 by publisher · Leave a Comment
By Lawrence Hurley WASHINGTON (Reuters) – The U.S. Supreme Court on Monday declined to hear Apple Inc's challenge to an appellate court decision that it conspired with five publishers to increase e-book prices, meaning it will have to pay $450 million as …
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Supreme Court rejects Apple e-books price-fixing appeal