November 8, 2016 / 7:18 PM / a year ago

BRIEF-Moody's downgrades Valeant (CFR to B3 FROM B2); negative outlook

Nov 8 (Reuters) - Moody‘s:

* Moody’s downgrades Valeant (CFR to B3 from B2); negative outlook

* Downgrade reflects challenges in turning around its specialty pharmaceuticals business,resulting in weak earnings trends,financial leverage Source text : [bit.ly/2fY0BCG] Further company coverage:

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