Ensco, Rowan notes gain as regulator approves merger; Univision issues recover

By James McCandless

San Antonio, Feb. 15 – Capping off a week of earnings reports, the distressed space was slightly subdued on Friday.

Ensco plc and Rowan Cos. plc’s notes were gaining as they received approval from a British regulator for its pending merger.

Elsewhere in energy, California Resources Corp.’s issues rose on the back of oil futures while Sanchez Energy Corp.’s paper declined and Weatherford International plc’s notes saw mixed results.

Meanwhile, Univision Communications Inc.’s issues saw a partial recovery a day after reporting lagging earnings.

In the medical space, Teva Pharmaceutical Industries Ltd.’s paper rose, snapping a negative streak after a few days of negative headlines.

Sector peer Mallinckrodt plc’s notes dripped.

Diebold Nixdorf, Inc.’s issues ended higher to cap off a positive week.

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