BUZZ-Valeant shares stumble, but still set for big week

Fri Apr 8, 2016 10:30am EDT
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** U.S.-listed shares of Valeant Pharmaceuticals International fall as much as 4.9 pct on Friday morning before paring some losses

** Investor William Ackman says Valeant not selling Bausch & Lomb unit, and only considering selling non-core assets, CNBC reported late on Thursday

** Even with Friday's declines, Valeant shares still up more than 23 pct for week, set for biggest weekly percentage gain since Jan 2011

** Shares benefiting this week as drugmaker said lenders agreed to give company extra month to file annual report, while Ackman offered a more optimistic outlook for Valeant

** However, shares of embattled drugmaker still have lost two-thirds of their value this year, and are off 87 pct from their record high of $263.81 hit last August Chart:

(Reporting by Lewis Krauskopf)