Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers C > Headlines for California Resources Corp. > News item |
Windstream drops on bankruptcy concerns; Halcon falls following CEO departure
By James McCandless
San Antonio, Feb. 22 – The distressed space placed the majority of its attention on turbulent news-driven names to end the week.
Windstream Holdings, Inc.’s notes dropped as analysts expect the company to file for bankruptcy within the next month.
Closely tied former subsidiary Uniti Group Inc.’s issues were also declining.
Meanwhile, in energy, Halcon Resources Corp.’s paper slid a day after the company announced the departure of its top executive.
Despite small gains in oil futures, California Resources Corp.’s and Ensco plc’s notes were mixed while Alta Mesa Resources, Inc.’s issues were negative.
Elsewhere, in the medical space, Community Health Systems, Inc.’s paper also trended downward.
Sector peer Teva Pharmaceutical Industries Ltd.’s notes ended mixed.
Delphi Technologies plc’s issues continued its rise after a positive earnings report.
© 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.