Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Envision Healthcare Corp. > News item |
Rite Aid rises amid earnings loss, new partnership; Envision snaps negative streak
By James McCandless
San Antonio, June 27 – The distressed debt space saw a shift in attention to retail and healthcare names on Thursday.
Rite Aid Corp.’s notes rose after the company announced a partnership with Amazon.com, Inc. despite reporting an earnings loss.
Retail sector peer PetSmart, Inc.’s issues finished mixed.
Meanwhile, in health care, Envision Healthcare Corp.’s paper improved, snapping a weeks-long negative streak under the weight of a potential regulatory change.
In energy, Ensco Rowan plc’s notes ended mixed a day after receiving outsized attention in part due to favorable conditions for its sector.
Despite modest oil future gains, Chesapeake Energy Corp.’s and Alta Mesa Resources, Inc.’s issues slid while California Resources Corp.’s paper was mixed.
Elsewhere, in telecom, Frontier Communications Corp.’s notes fell while Intelsat SA’s issues experienced mixed results.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.