Best Income Stocks To Watch Right Now

Best Income Stocks To Watch Right Now: Valeant Pharmaceuticals International Inc(VRX)

Valeant Pharmaceuticals International, Inc., a specialty pharmaceutical company, develops, manufactures, and markets pharmaceutical products in the areas of neurology, dermatology, and branded generics. It offers Wellbutrin XL to treat depressive disorders; Xenazine to treat chorea associated with Huntington?s disease; CeraVe to rebuild and repair skin barrier; and Kinerase, a cosmetic product. The company also provides Zovirax ointment to treat initial genital herpes; Xerese to treat recurrent herpes labialis; Elidel to treat atopic dermatitis; and Acanya and Atralin gels to treat acne vulgaris. In addition, it offers Cesamet to treat nausea and vomiting associated with cancer chemotherapy; Tiazac XC to treat hypertension and angina; Wellbutrin to treat depressive illness; Sublinox to treat insomnia; and Lodalis to treat hypercholesterolemia. Further, the company provides Cold-FX to strengthen immune system; Duromine/Metermine for weight loss; Difflam to treat sore throa ts; and Duro-Tuss and Rikodeine to treat dry and chesty cough, as well as various branded generics for treatments, including antibiotics, treatments for cardiovascular and neurological diseases, antifungal medications, and diabetic therapies. Additionally, it offers Bisocard to treat hypertension and angina pectoris; Flucinar, a corticosteroid ointment; and Sachol mouth ulcer gel; Bedoyecta to treat neurotic pain; M.V.I., a hospital dietary supplement for trauma and burns; Tandene to treat fever and headache; Melleril to treat anxiety and depression; and products for therapeutic classes, such as vitamin deficiency, antibacterials, and dermatology. It markets its products in the United States, Canada, Australia, New Zealand, Europe, Latin America, southeast Asia, and South Africa. The company was formerly known as Biovail Corporation and changed its name ! to Valeant Pharmaceuticals International, Inc. in September 2010. The company was founded in 1960 and is headquartered in M ississauga, Canada.

Advisors' Opinion:

• [By Ben Levisohn]

  What’s changed? Yesterday, investors seemed excited by the deal but worried about the price paid, one which forced Valeant’s (VRX) CEO to bow out of the race, while noting that “Valeant cannot justify to its own shareholders paying a price of $219 or more per share for Allergan.”

• [By Johanna Bennett]

  Citing unnamed sources, the WSJ reports that Ackman could be setting up Zoetis as a "a fallback plan" for Valeant Pharmaceuticals (VRX) if it fails to buy Allergan (AGN)

• [By George Budwell]

  Irvine, Calif.-based Botox maker Allergan  (NYSE: AGN  ) is desperately trying to fend off a takeover bid from Valeant Pharmaceuticals  (NYSE: VRX  ) , a company with a history of buying rivals and slashing their work forces. In an interesting twist, this deal is being driven by activist investor Bill Ackman, who has viciously attacked Allergan's management for refusing to agree to a deal.

• [By Jayson Derrick]

  A U.S. District Court ruled that Valeant Pharmaceuticals (NYSE: VRX) and Bill Ackman's Pershing Square could vote at Allergan's (NYSE: AGN) special shareholder meeting on December 18. Shares of Valeant gained 0.57 percent, closing at $133.61 while shares of Allergan hit new 52-week highs of $196.54 before closing the day at $195.12, up 1.03 percent.

source from Top Stocks For 2015:http://www.topstocksblog.com/best-income-stocks-to-watch-right-now-3.html