09-08-2016 20:11 via news.yahoo.com

Valeant's rosy forecast and promised changes, fire up shares

Drugmaker Valeant Pharmaceuticals, a fast-growing Wall Street darling until its price-hiking business strategy made it a symbol of pharmaceutical company greed, said it's undergoing a restructuring as its new CEO attempts to return the debt-laden company to growth and respectability — without big price increases.
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