Business

Valeant Slide Continues As Ackman Increases Stake

The stock ended the day off 19% at $118.61 after trading was halted a couple of times on the New York Stock Exchange and on the Toronto Stock Exchange. If it closes down more than 25%, it would be Valeant's worst one-day percentage decline on record, according to FactSet. Valeant said last week it has received subpoenas from federal prosecutors regarding its pricing as well as financial aid it offers to customers.

Business

Treat Yourself to a Scary Game During Steam's Halloween Sale

In addition to releasing special Halloween game modes for Team Fortress 2, the company has kicked off a short Halloween Sale on a few of our favorite scary (and not-so-scary) games. So if you're in the market for a spot of thrill-seeking gaming this Halloween weekend, go and have a gander at the store and see what's on offer for yourself.

Business

Scottish man finds his exact twin on a Ryanair flight to Ireland

When he got on the flight, a man was already on his seat. He asked him to move and when the other man looked up, he realised they were almost identical. Lee Beattie, who is friends with Mr Douglas" wife, shared the image on Twitter along with the caption: "Guy on right is the husband of my friend. Despite their familiarity, they both parted ways without giving each other their names, but their encounters have been retweeted thousands of times.

Business

Valeant's web keeps getting wider

On the TSX, Valeant's share price dropped by more than 14 percent on Thursday morning, following a dip of 22 percent on Wednesday. Evercore ISI analyst Mark Schoenebaum noted that such arrangement with pharmacies does not exist in other drug companies including Amgen, Gilead Sciences, and Pfizer, and seven others of similar size.

Business

Popular epinephrine auto injector recalled

Lantus also faces competition from a less expensive rival that could go on sale in the USA late next year, after Sanofi settled a lawsuit that allows rivals Eli Lilly and Co. Auvi-Q is packaged with two active devices and one trainer device in a corrugate' box and was distributed throughout the United States through wholesalers, pharmacies and hospitals.

Business

Hormel recalls Skippy peanut butter jars

Skippy's United States peanut butter plant is in Little Rock, Ark. The company says the metal fragments came from an equipment malfunction. Hormel Foods said Thursday (Oct. This recall is being initiated out of an abundance of caution and with the knowledge of the US Food and Drug Administration. The company did not immediately return calls for comment.