Valeant Crashes To 17 Year Lows After Warning Of "More Surprises"

The last few weeks have been a wild ride for Valeant shareholders but this morning's comments that the firm "is confident in its forecasts but there may be more surprises" has spooked investors, compounding the fact that the firm missed expectations with sales plunging 11%, and cut its sales and profit forecast for the year. VRX shares are down almost 30% in the pre-market - the lowest since Dec 1999.

Shrinkflation Hits The UK: Toblerone Shrinks By 10%, Price Stays The Same

One of the oldest tricks in the inflationary book - shrinking the contents while keeping the size the same - has struck chocolate lovers in the UK's today, where Toblerone fans are crying foul after its maker announced the chocolate bar's shape and weight are changing to keep costs down.

Wikileaks Election Day Special: Part 35 Of Podesta Emails Released

Yesterday, when Wikileaks released its second dump of Podesta emails, the so-called Part 34, we assumed that was it. We were wrong. Moments ago Wikileaks released an "election day special", dumping another 1,793 emails in Part 35 of its ongoing release, bringing the total to 58,375, and one which we can only assume is the definitive final release of Podesta emails.

Former Bank of America Banker Found Guilty Of Two Murders, Jailed For Life

The defendant was “so morally corrupted by pornography, drugs and alcohol, and a general life of debauchery with a huge salary to fund his depravity,” judge Stuart-Moore said. Jutting was considered “a high risk person” and “the repetition of the offence of murder is highly likely if he is given his liberty in the future,” he said.

Frontrunning: November 8

  • At last, America decides (Reuters)
  • America’s Voters Finally Get Their Day (BBG)
  • This Election Has One Sure Thing: A More Dysfunctional Congress (BBG)
  • Control of the Senate Goes Down to the Wire (WSJ)
  • 2016 Election Day: Live Results and Analysis (WSJ)
  • Dollar Volatility Drops as Clinton Leads in Final Election Poll (BBG)

The Day Arrives: Global Stocks Higher, US Futures Lower As America Begins Voting

The day has finally arrived and as of minutes ago voters in eastern states have begun voting for the next US president. Polls are open in eight states, including battlegrounds Virginia and New Hampshire, as well as in New York, where Clinton votes at a public school in Chappaqua, Trump at a public school in Manhattan.

Saudi-Iranian Fallout Could Destroy The OPEC Deal

While OPEC is officially communicating that it is ‘deeply optimistic that it could reach a deal to stabilize oil prices, and simultaneously scolding industry observers for being too quick to judge and express skepticism, behind closed doors, two of OPEC’s heavyweights and bitter regional rivals - Saudi Arabia and Iran - are reverting to their old ways of posturing with threats that neither will back down in the name of the greater (OPEC) good and let the other have their way.