slashed-its
Trump criticizes GM for Mexico investments
June 8, 2016 by creative · Leave a Comment
Republican presidential candidate Donald Trump rebuked General Motors Co on Tuesday, widening his criticism of American companies that have invested in Mexico. Trump has made criticism of Ford Motor Co a staple of his campaign speeches for more than a year, repeatedly suggesting that the…
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Trump criticizes GM for Mexico investments
slashed-its
Valeant CEO cuts outlook for ‘distracted’ company, shares plunge
June 8, 2016 by elegant · Leave a Comment
Valeant Pharmaceuticals International Inc slashed its 2016 forecasts on Tuesday, as its new chief executive said he would focus on rebuilding the reputation of a “distracted organization” with a debt-loaded balance sheet. The maker of toenail fungus cream Jublia and anti-depressant drug Wellbutrin, which has faced intense scrutiny for business and accounting practices, missed first-quarter profit estimates on weakness in its dermatology business.
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Valeant CEO cuts outlook for ‘distracted’ company, shares plunge