How did Dominion Diamond perform in relation to Street estimates after the first quarter?
TSX Movers: Theratechnologies, Performance Sports Group
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The Quebec Ministry of Health has decided not to add egrifta, a drug for HIV patients, to its list of reimbursable medications, a decision criticized by Theratechnologies. Performance Sports Group has revised its financial forecast for fiscal 2016, now expecting a loss and higher debt, and has appointed Harlan Kent as the new CEO. Dominion Diamond's first-quarter earnings met expectations, with analysts offering mixed views on the company's cost-cutting measures and the diamond market's performance.
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