VALEANT, Ohio — Valeant Pharmaceutical and its chief executive, Peter Vessenes, have announced the appointment of former New York City Mayor Michael Bloomberg as the company’s new CEO.Bloomberg, who served as New York’s mayor from 1994 to 2002, has been in private equity since 2013 and previously served as chief operating officer of the global…
The stock is still up more than 20% over the past year but Valeant shares are down more than 30% from their recent peak.Investors are betting Valeant is going to lose its position in the world’s largest generic drugmaker.The stock was up almost 17% last year before Valeant was hit with a recall of about…
ESPN | SportsBusiness Journal | August 30, 2018 08:48:50 Zyngas stock dropped to $1.03 Wednesday following the company’s earnings report and comments from CEO Mark Zuckerberg.The stock fell $1,000.60 to $97.05.Shares of the company have dropped in recent weeks amid the financial woes of former CEO Eric Schmidt.Zynges earnings came amid a public relations scandal…
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