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Don't Judge A Note By Its Title: Aurinia Falls On Misinterpreted 'Downgrade'
Wednesday, September 13, 2017 - 3:25pm | 442Aurinia Pharmaceuticals Inc (NASDAQ: AUPH) fell 2.6 percent Wednesday as the Street reacted to an ostensible downgrade. Canaccord Genuity’s John Newman had long been confidently bullish on the stock, so when a new note updated coverage with a “speculative” Buy, traders...
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Valeant Takes First Steps To De-Leverage Its Balance Sheet, Challenges Remain
Wednesday, January 11, 2017 - 11:59am | 294“Valeant Pharmaceuticals Intl Inc (NYSE: VRX) has taken its first significant steps toward de-levering its balance sheet, announcing the divestiture of Dendreon and several dermatology brands for combined cash consideration of ~2.1 billion,” Canaccord Genuity’s Neil Marouka said...