Company News for July 14, 2016

• Valeant Pharmaceuticals International, Inc’s (VRX) shares slumped 6.9% after its second biggest shareholder, Sequoia Fund exited the company
 

• Shares of Teva Pharmaceutical Industries Limited (TEVA) rose 3.8% after forecasting second quarter adjusted earnings between $1.19 to $1.22 per share, compared to previous projection of $1.16 to $1.20
 

• Nokia Corporation’s (NOK) shares increased 5.4% after announcing that its cross-licensing agreement with Samsung will be expanded
 

• Shares of Healthcare Services Group Inc. (HCSG) plunged 6.9% after reporting second quarter earnings of $0.26 per share, missing the Zacks Consensus Estimate by a cent 

 


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