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Trump criticizes GM for Mexico investments

June 8, 2016 by · 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

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Valeant CEO cuts outlook for ‘distracted’ company, shares plunge

June 8, 2016 by · 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

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Valeant CEO Pearson remains hospitalized for pneumonia: Bloomberg

December 28, 2015 by · Leave a Comment 

Valeant Pharmaceuticals International Inc Chief Executive J. Michael Pearson has been moved to another hospital where he is being treated for a severe case of pneumonia, a company spokeswoman told Bloomberg on Sunday. Elaine Andrecovich, a public

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Valeant CEO Pearson remains hospitalized for pneumonia: Bloomberg

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Valeant says CEO J. Michael Pearson hospitalized with severe pneumonia

December 26, 2015 by · Leave a Comment 

Valeant Pharmaceuticals International Inc Chief Executive J. Michael Pearson was hospitalized with a “severe case of pneumonia” on Friday and is receiving treatment, a company spokeswoman said. Pearson, 56, joined Valeant as CEO in September 2010 after a 23-year career at McKinsey & Company and became chairman of the board in 2010. Under Pearson's leadership, the company has come

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Valeant says CEO J. Michael Pearson hospitalized with severe pneumonia

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Icahn nods at Valeant interest, pushes for cash repatriation law

November 4, 2015 by · Leave a Comment 

Billionaire investor Carl Icahn made a cryptic reference suggesting he has an interest in embattled drug maker Valeant on Tuesday, and said he was speaking to U.S. politicians about a corporate cash repatriation law that would deter so-called tax inversion deals. “I’m not in Valeant, well, I don’t want to say I’m not completely in it but I’m not going to tell you where I am with it,” Icahn said, when asked about the company at…

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Icahn nods at Valeant interest, pushes for cash repatriation law