Sunday, January 22, 2017

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The companys backers have consistently argued the stock market has ignored the value of the underlying businesses, while its detractors have focused on the companys debt and slumping earnings. The stock rose around 5.1% to $16.13 early Tuesday afternoon, but it is still down 82% over the past 12 months and is well below the all-time highs above $260 set in August 2015. Valeants deal announcements eased concerns that the company would have to sell assets at fire-sale prices. It purchased ครีมหน้าขาว สวย ๆ CeraVe in 2008 for $95 million and bought Dendreon out of bankruptcy in 2015 for about $500 million. Some good news finally, Evercore analyst Umer Raffat headlined his note on the sales, saying the reduced revenue would mostly be offset by the lower debt payments. In a Tuesday note, Wells Fargo & Co. analyst David Maris noted that the proceeds from the sales wouldnt fully cover the $3.8 billion in debt Valeant has coming due by the end of 2018. Valeant has put a number of assets on the auction block but has struggled to strike deals at ครีมหน้าใส พร้อมส่ง acceptable prices. It came close but ultimately failed to seal a deal to sell stomach-drug maker Salix Pharmaceuticals Ltd. to Japans Takeda Pharmaceutical Co. for $10 billion.

For the original version including any supplementary images or video, visit http://www.wsj.com/amp/articles/valeant-to-sell-skincare-brands-to-loreal-1484038804

It seems little wonder that Ethiopia has the world's lowest rate of car ownership, with only two cars per 1,000 inhabitants, according to a 2014 Deloitte report. Henok Demessew, who has been running a car import and sales business in the capital, blames taxation. "If it was not for that, we would have been able to import better cars either from Europe or America. But in order to make any profits we have to sell cars at such high prices. "On top of the cost of shipping the cars from say from Dubai via Djibouti, we have to deal with multiple taxes to the government, making this one of the toughest businesses to be in, even though it's seen as lucrative." Tax breaks for local plants The Ethiopian Revenues and Customs Authority says both commercial and private vehicles imported into the country can be subjected to five different types of taxes. However, despite the heavy tax burden there is a rise in the numbers of car imports. In 2016, government records show that 110,000 cars were imported to Ethiopia, an increase of more than 50% on the previous two years. Image copyright AFP Image caption Vehicles to be used for public transport are exempt from some import taxes Kasaye Ayele, a tariff officer at the customs authority, says there is some discretion. "Vehicles that are imported to be used for public transport - we collect a much lower tax of 10% and not all five taxes are applied," he explains. "But for private cars we check the engine capacity and if the capacity is big, we collect anything between 60% and 100% [of taxes due]." Once all taxes are added to an imported car's price tag, it could cost nearly three times more than ครีม บัว หิมะ เซ เว่ น the retail price in its country of origin.

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