BUZZ-Valeant Pharmaceutical: Best day in 2016

Tue Apr 5, 2016 9:36am EDT
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** Canadian drugmaker's U.S.-listed shares up as much as 14 pct at $29.78; their best day in 2016

** Says board committee completed a review of its accounting practices and had not found any new items that would require additional restatements

** Says on schedule to file its annual report on or before April 29

** Valeant said last week it had asked its lenders for another month to file its annual report, seeking to reduce the risk of a default on its $30 billion debt if it missed the April 29 deadline

** Up to Monday's close, stock had fallen 74 pct this year