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Valeant (VRX) Audit Head Oversaw Similar Role At A Fraud

Valeant (VRX) Audit Head Oversaw Similar Role At A Fraud

Norma Provencio, who currently leads Valeant Pharmaceuticals board’s audit committee, was previously a director of a publicly traded company that failed after the government cracked down on a half-decade of fraud beginning in 2005. Provencio was an accounting consultant before […]

British Man Arrested Over VTech Data Hack

British Man Arrested Over VTech Data Hack

Police in the UK have arrested a 21-year-old man as part of the investigation into the hacking of toy- and tablet-maker VTech Holdings. As a result of the data breach sensitive information on 6.4 million children was leaked. Hacking experts […]

India Plans To Build Stealth Combat Drones

India has announced that it intends to build its own stealth combat drones to promote self-reliance through indigenous defense equipment. The decision to promote localized military development is in keeping with Indian Prime Minister Narendra Modi’s call to ‘Make in […]

Third Avenue Smoke Doesn’t Mean High-Yield Fire

Third Avenue Smoke Doesn’t Mean High-Yield Fire

Third Avenue Smoke Doesn’t Mean High-Yield Fire by Ashish Shah and Gershon Distenfeld, AllianceBernstein When a well-known mutual fund fails, investors get nervous. That’s understandable. But is the demise of Third Avenue Management’s Focused Credit Fund a canary in the […]