Tag: its-accounting
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Valeant cuts 2016 forecasts, says report delay poses default risk
The Canadian drugmaker, the target of U.S. investigations into its business and accounting practices, reiterated that it would delay filing its annual report with U.S. regulators but for the first time raised the specter of a default as a result. As of Sept. 30, Valeant had about $30 billion of long-term debt. The company said…
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Valeant cuts 2016 forecasts, says report delay poses default risk
The Canadian drugmaker, the target of U.S. investigations into its business and accounting practices, reiterated that it would delay filing its annual report with U.S. regulators but for the first time raised the specter of a default as a result. As of Sept. 30, Valeant had about $30 billion of long-term debt. The company said…
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Mass killer Breivik gives Nazi salute as he sues Norway for ‘inhuman treatment’
By Gwladys Fouche SKIEN, Norway (Reuters) – Mass killer Anders Behring Breivik opened a court case against Norway on Tuesday with a Nazi salute as his lawyers prepared to argue he has received inhuman treatment by being kept in isolation for murdering 77 people in 2011. Appearing in public for the first time since he…