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Tag: Earnings

March 1, 2017

Valeant Pharmaceuticals Intl (NYSE:VRX)’s revenue slipped in the fourth quarter amid dropping drug prices

The Canadian drug giant Valeant Pharmaceuticals Intl Inc. (NYSE:VRX) announced results of its fiscal fourth quarter as its revenue plunged 13% during the period, affected by the performance of the stomach-drug business it attempted to sell late last year as well as falling medicines prices. The company’s shares has been badly hit by concerns about … Continue reading “Valeant Pharmaceuticals Intl (NYSE:VRX)’s revenue slipped in the fourth quarter amid dropping drug prices”

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January 27, 2017

QUALCOMM, Inc. (QCOM) is hindered by legal constraints despite improved revenue

A South Korean government penalties eclipsed much improved operating performance for QUALCOMM, Inc. (NASDAQ:QCOM)  in the latest quarter, highlighting fears that the most profitable part of the chip company’s business is threatened from international legal assaults by regulators and consumer. On Wednesday January 25, 2017, giant chipmaker, QUALCOMM, Inc. (NASDAQ:QCOM) posted a rise of 6.2% … Continue reading “QUALCOMM, Inc. (QCOM) is hindered by legal constraints despite improved revenue”

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