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Teva Pharmaceuticals Had a Very Bad Day, in a Very Bad Year

08:51 EDT 7 Aug 2017 | Topix

In this Market Foolery podcast segment, host Chris Hill and Motley Fool One 's Bill Mann consider how much worse Teva Pharmaceutical Industries looks presently, after a second quarter report that featured weak sales, low profits, a 75% dividend cut, and -- to top it off -- a guidance reduction. The key difficulty for the company is that it's carrying too much debt for its size, amid an environment where its income is shrinking -- not a tenable position.

Original Article: Teva Pharmaceuticals Had a Very Bad Day, in a Very Bad Year

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