My intention isn't to predict anything about the future of Valeant Pharmaceuticals (VRX). Instead the message is a reminder of how holdings in any market-cap weighted investment vehicle is impacted by the change in size of its constituents.
UPDATE: The Canadian dollar tumbled more than a cent and the S&/TSX composite index lost more than 300 points on a day when
North American stock markets tanked the day after President Barack Obama’s re-election, with Canada’s S&P/TSX index down
TORONTO -- The Toronto stock market tumbled to close at its lowest level since early October as talks aimed at forming a
The price of gold plummeted some $200 in Thursday trading from its record highs earlier this week, taking the steam out of
North American stock markets moved sharply higher Thursday as traders put cash into stocks that had sunk to attractive levels