Good economic news

Discussion in 'Valeant Pharmaceuticals' started by Anonymous, Aug 3, 2014 at 7:13 AM.

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  1. #1 Anonymous, Aug 3, 2014 at 7:13 AM
    Anonymous

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    Things looking up..

    Although government data on Friday showed U.S. job growth slowed in July and the unemployment rate unexpectedly rose, recent economic data has been largely positive with growth in second-quarter gross domestic product at 4 percent and favorable revisions to first-quarter GDP.
     
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  2. #2 Anonymous, Aug 5, 2014 at 8:46 PM
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    boring post
     
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  3. #3 Anonymous, Oct 21, 2014 at 6:16 PM
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    Anonymous Guest

    Not boring when stocks go up nicely today
     
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  4. #4 Anonymous, Oct 21, 2014 at 11:16 PM
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    Anonymous Guest

    Good economic news means that we will be paying more to borrow money since rates will may no longer be artificially low. Bad news for us.
     
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  5. #5 Anonymous, Oct 21, 2014 at 11:41 PM
    Anonymous

    Anonymous Guest

    Not to worry, poster #4: The Valeant Q3 2014 presentation assures us that they are working to bring down the debt. Now Valeant is only $16.5B in debt, with most of this debt "residing" in the US. (Fun fact/strange coincidence for discussion at Capitol Hill cocktail parties: Valeant's epic junk-rated debt and CEO Pearson both reside in the US, even though Valeant is registered as a Canadian company for lower tax purposes!)
     
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