Archive for 2015

December 28, 2015 Valeant selects trio to fill in for ailing CEO, shares dive Michael Pearson, chairman of the board and chief executive officer of Valeant Pharmaceuticals International Inc, speaks during their annual general meeting in Laval, Quebec May 19, 2015. By Ransdell Pierson Valeant Pharmaceuticals International Inc (VRX.TO)(VRX.N) on Monday said a group of […]

  November 23, 2015 $160B deal to combine Pfizer and Allergan raises outcry By Linda A. Johnson and Tom Murphy A $160 billion deal announced Monday to merge Pfizer and Allergan and create the world’s biggest drug company renewed the outcry in Washington over “inversions,” in which U.S. corporations combine with companies overseas to lower […]

  October 15, 2015 Cosby accuser files suit alleging he, wife Camille defamed her By Maria Puente Now Camille Cosby is in the cross-hairs of a new lawsuit filed by one of her husband BIll Cosby’s accusers. Renita Chaney Hill, a Pittsburgh woman who as a teenager was on an educational children’s TV show with […]

 October 7, 2015 Cosby Loses His Bid to Prevent Another Lawsuit By Graham Bowley and Sydney Ember Bill Cosby on Wednesday lost his bid to stop another civil lawsuit against him from going forward, but his deposition in the case will be sealed at least until December. In a hearing in Los Angeles County Superior […]

October 5, 2015 UPDATE 5-American Apparel files for bankruptcy, operations to continue By Supriya Kurane Secured lenders to provide about $90 mln in DIP financing Expects to cut debt to $135 mln from $300 mln Expects to complete the restructuring within six months (Adds comments from bankruptcy attorney, Standard General) American Apparel Inc, known as […]