8/23/2018 | BKCADDHY | Moody’s ups Bausch SGL, changes view
|
6/20/2018 | BKCVDDEMIGPV | Market Commentary: Intelsat dominates trading; PHI recoups losses; Valeant Pharmaceuticals active
|
5/25/2018 | BKCVDDEMIGPV | Market Commentary: Primary market quiet pre-holiday; forward calendar light; California Resources in focus
|
5/21/2018 | BKCVDDEMIGPV | Market Commentary: Graham Holdings, Atotech on tap; Ithaca Energy, JW Aluminum delayed; EP Energy dominates
|
5/18/2018 | BKCVDDEMIGPV | Market Commentary: EP Energy, BWX prices; Valeant trades up; Hearthside, SRS struggle; Sprint tanks
|
5/17/2018 | BKCVDDEMIGPV | Market Commentary: Valeant, Hearthside, SRS, others price; GFL, WeWork struggle again; funds lose $542 million
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5/17/2018 | BKCADDHY | Moody’s rates Valeant notes Caa1
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5/10/2018 | BKCVDDEMIGPV | Market Commentary: Nemaska prices; Hearthside, Valeant join calendar; MDC tanks; funds add $0.76 billion
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5/8/2018 | BKCVDDEMIGPV | Market Commentary: Primary quiet; Gaming & Leisure active; Dish volatile; Sanchez Energy drops, Valeant gains
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3/16/2018 | BKCVDDEMIGPV | Market Commentary: Tullow, Husky lead busy primary; Mattel trades on Toys shutdown; Teva still trades under par
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3/15/2018 | BKCVDDEMIGPV | Market Commentary: Live Nation, Aker price new deals; new Guitar Center active; funds gain $11 million
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3/14/2018 | BKCVDDEMIGPV | Market Commentary: Guitar Center, NVA bring deals; U.S. Steel, J.C. Penney dominate secondary; Valeant busy
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3/13/2018 | BKCVDDEMIGPV | Market Commentary: U.S. Steel prices $650 million; new Valeant dominates secondary; recent Frontier active
|
3/12/2018 | BKCVDDEMIGPV | Market Commentary: Valeant, American Axle price; Frontier, J.C. Penney new issues continue activity
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2/28/2018 | BKCVDDEMIGPV | Market Commentary: Warner Music, Kennedy-Wilson add-on price; Sprint continues to dominate secondary
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1/5/2018 | DD | Market Commentary: Energy names mixed as oil prices ease; coal operator Murray continues gains; Sprint busy
|
1/5/2018 | BKCVDDEMIGPV | Market Commentary: Primary quiet as junk closes year’s first week, pick up expected; oil names ease
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1/4/2018 | DD | Market Commentary: Distressed debt quiet amid major winter storm; energy stays strong, retailing names gain
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1/3/2018 | DD | Market Commentary: Energy names continue rise on oil price surge; Rite Aid off on results; PetSmart pops; Frontier firms
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1/2/2018 | BKCVDDEMIGPV | Market Commentary: Junk primary quiet as 2018 opens; CalRes rises with crude; Chesapeake up with gas prices
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12/22/2017 | DD | Market Commentary: Pre-holiday distressed market trading quiet; recent Valeant up; Cobalt convertibles continue gyrations
|
12/22/2017 | BKCVDDEMIGPV | Market Commentary: Junk quiet pre-holiday; Medical Properties Trust off, Valeant up; Kindred ends week up
|
12/21/2017 | DD | Market Commentary: Distressed trading quiet ahead of holiday; Cal Res, Valeant active, Cobalt converts shed points
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12/21/2017 | BKCVDDEMIGPV | Market Commentary: Primary quiet as holiday nears; CalRes, Valeant, Mattel up; funds lose $1.11 billion
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12/18/2017 | DD | Market Commentary: PetSmart paper, existing Mattel notes rebound from recent lows; Valeant gains, Fresh Market falters
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12/15/2017 | DD | Market Commentary: PetSmart, Mattel fall again; MEG Energy off on legal claim; new, existing Valeant paper eases
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12/12/2017 | BKCVDDEMIGPV | Market Commentary: Upsized Whiting megadeal, Iron Mountain lead $2.63 billion day; more PetSmart punishment
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12/11/2017 | DD | Market Commentary: PetSmart pummeled on Chewy spinoff fears; CenturyLink climbs as Pennsylvania deal boosts shares
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12/11/2017 | BKCVDDEMIGPV | Market Commentary: NFP prices add-on; Standard does a split-rate; recent Valeant again firms; Algeco up
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12/8/2017 | DD | Market Commentary: Energy deals move up along with crude; Valeant paper pops; Community Health notes rebound
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12/8/2017 | BKCVDDEMIGPV | Market Commentary: ACE Cash, Itron, revamped BMC close $11.2 billion primary week; new Jeld-Wen busy
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12/6/2017 | DD | Market Commentary: New Valeant bonds again busy, Claire’s Stores climbs on results; Tronox tumbles; oil names slide with crude
|
12/6/2017 | BKCVDDEMIGPV | Market Commentary: Primary pace slackens as Mercer brings sole dollar deal; Claire’s climbs on results
|
12/5/2017 | DD | Market Commentary: New and existing Valeant bonds busy and better; Cal Res, other oils higher; Intelsat bonds seen off
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12/5/2017 | BKCVDDEMIGPV | Market Commentary: Quicken megadeal paces second straight $3.5 billion day; heavy trading in new Valeant
|
12/5/2017 | DD | Market Commentary: Energy gains despite crude oil slide; retailers on the rise; communications credits mixed
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12/4/2017 | BKCVDDEMIGPV | Market Commentary: Valeant, Continental Resources megadeals lead $3.5 billion session; energy surges
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12/4/2017 | BKCADDHY | Moody’s gives Valeant notes Caa1
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11/17/2017 | DD | Market Commentary: Energy surges despite crude decline; Murray rebounds; wireline, Sprint, hospitals, retail stronger
|
11/15/2017 | BKCVDDEMIGPV | Market Commentary: Centennial is lone pricing as primary calms down; Murray slides as Bowie buyout dies
|
11/14/2017 | DD | Market Commentary: CalRes, other energy names off as crude oil gets crushed; telecoms, others weaker, Venezuela gyrates on downgrade
|
11/14/2017 | BKCVDDEMIGPV | Market Commentary: Lennar megadeal, Valeant add-on pace $3.8 billion primary day; energy names off
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11/13/2017 | BKCVDDEMIGPV | Market Commentary: Resolute deal on, then off; Valeant shops add-on; Rite Aid firms; market weakens
|
11/10/2017 | DD | Market Commentary: Cenveo slides on poor earnings; energy names weak, Level 3 loses; other telecoms see a bounce
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11/8/2017 | BKCADDHY | Moody’s revises Valeant to stable
|
11/8/2017 | DD | Market Commentary: Energy names, Valeant gain – but Mallinckrodt, Community Health and Sprint get hammered
|
11/7/2017 | BKCVDDEMIGPV | Market Commentary: Primary quiets, but Michael Baker slates deal; new QEP steady; Windstream falls; oils jump
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10/16/2017 | DD | Market Commentary: Ruby Tuesday jumps on buyout news; hospital names steady after Friday beating; Concordia climbs
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10/3/2017 | BKCVDDEMIGPV | Market Commentary: Downsized West, upsized Energy Transfer and PBF add-on price; existing Valeants fall
|
10/2/2017 | BKCVDDEMIGPV | Market Commentary: Crown Rock, Valeant, Scientific Games drive by; new Caesars notes busy, Murray up
|
9/29/2017 | BKCVDDEMIGPV | Market Commentary: Caesars prices $1.7 billion, gains in trading; Jonah stays firm; Valeant up on asset sale
|
9/25/2017 | BKBWCVDDHY | Valeant may lower ‘hefty’ debt through equity-linked securities sale
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8/11/2017 | DD | Market Commentary: Concordia International firms post-earnings; Hexion results weigh on debt; Petsmart gets a bounce
|
8/10/2017 | DD | Market Commentary: Petsmart paper drops on CEO exit; Navios swings to a loss; Valeant, California Resources remain active
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8/9/2017 | BKCVDDEMIGPV | Market Commentary: TMS Int’l, David Weekly, Clear Channel Outdoor price; Hertz higher, Valeant gives up gains
|
8/9/2017 | DD | Market Commentary: Hertz rebounds as company touts turnaround plan; Cobalt eyed post-earnings; Valeant gives back
|
8/8/2017 | BKCVDDEMIGPV | Market Commentary: Upsized Restaurant Brands megadeal, Triumph and WPX price; new Dynegy busy; Valeant jumps
|
8/8/2017 | DD | Market Commentary: Valeant results beat, bonds firm; Endo earnings better, but forecasts lowered; Depomed convertibles tank
|
8/8/2017 | BKBWDDHY | Valeant says will achieve $5 billion debt-reduction goal ahead of scheduled February 2018 target
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8/7/2017 | DD | Market Commentary: Mallinckrodt debt dips on InfaCare purchase; Endo, Valeant earnings on tap; Fannie Mae trades up
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7/26/2017 | DD | Market Commentary: Energy bonds continue rise as crude prices firm again; healthcare hurting; Toys trades up
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7/17/2017 | BKCVDDEMIGPV | Market Commentary: Lithia prices, rises; new Hovnanians continue climb; Valeant firms on asset-sale news
|
7/17/2017 | DD | Market Commentary: iHeart bonds trade up on restructuring news; Valeant perks up on asset sale; Endo, Frontier busy, better
|
7/13/2017 | DD | Market Commentary: Frontier remains busy, ends lower; Intelsat gains amid hopeful merger buzz; Valeant better on redemption
|
7/6/2017 | DD | Market Commentary: Oil pares session gains; E&P lower; Energy Future surges on takeover talks; Valeant down on JPMorgan comments
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6/30/2017 | DD | Market Commentary: Murray Energy up on Moody’s, court ruling; California Resources ticks up with oil; Rite Aid down
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6/29/2017 | DD | Market Commentary: Rite Aid gains after Walgreens opts for assets; energy ticks higher as oil rises; Valeant lower
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6/28/2017 | DD | Market Commentary: California Resources, EP Energy gain as oil goes higher; Valeant ticks up; Hertz quiets
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6/27/2017 | DD | Market Commentary: Energy higher following surge in oil prices; hospitals mixed following health care slowdown; Hertz puts on brakes
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6/26/2017 | DD | Market Commentary: Hertz higher after rumors brew around potential Apple partnership; Rite Aid rises on FTC speculation; E&P up
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6/23/2017 | DD | Market Commentary: California Resources sees ‘tons of trades,’ but unmoved as oil gains slightly; Jones Energy down after asset sale
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6/22/2017 | BKCVDDEMIGPV | Market Commentary: J2 prices; Senate bill drives health higher; Rite Aid lower on report; funds out $128 million
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6/22/2017 | DD | Market Commentary: Senate health care drives Valeant, Community Health higher; E&P up with oil gains; PetSmart continues slide
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6/20/2017 | DD | Market Commentary: Existing Intelsat issues lower after new deal sets in; E&P falls as oil enters bear market; Valeant reverses course
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6/19/2017 | DD | Market Commentary: Intelsat Jackson higher on offering of $1.5 billion eight-year notes; Valeant up after Paulson brought on
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6/15/2017 | DD | Market Commentary: For second session, California Resources leads activity for faltering E&P space; Valeant down across board
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6/14/2017 | DD | Market Commentary: California Resources leads losses for E&P sector as oil tanks; Intelsat ‘grinding’ higher; Endo trends lower
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6/13/2017 | DD | Market Commentary: Neiman mixed following termination of sale, results; J. Crew gains following exchange offer; oil quiets
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6/9/2017 | DD | Market Commentary: Valeant continues to notch asset-sale gains; Bristow jumps on corporate realignment; Rite Aid slide continues
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6/9/2017 | BKCVDDEMIGPV | Market Commentary: Navient add-on caps nearly $6 billion week; new HCA firms; Rite Aid slide continues
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6/8/2017 | DD | Market Commentary: Valeant bonds up on asset sale; most oil issues firmer as crude remains under pressure; Intelsat gains altitude
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6/8/2017 | BKCVDDEMIGPV | Market Commentary: HCA split-rated deal prices; recent issues easier; Valeant up on asset sale; funds gain
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6/6/2017 | DD | Market Commentary: California Resources lower amid oil rise; Valeant unchanged with asset sale speculation; Walter higher
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6/5/2017 | DD | Market Commentary: Mallinckrodt down on price-gouging report; Walter Investment up on debt adviser news; California Resources drift
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6/2/2017 | DD | Market Commentary: Intelsat gains back losses after exchange offer falls apart; Hertz mixed; E&P names down
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5/30/2017 | DD | Market Commentary: Atwood climbs to par after Ensco takeover; GenOn, Bristow lower; Intelsat down ahead of exchange deadline
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5/18/2017 | DD | Market Commentary: Intelsat amends, extends exchange offer, bonds tick higher; Valeant up; E&P mixed on low-volume session
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5/16/2017 | DD | Market Commentary: Noble Group continues to leak after downfall; Intelsat extends offer, off ‘a little bit’; GenOn Energy mixed
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5/11/2017 | DD | Market Commentary: Valeant mixed, less active; Cengage down on earnings, Talen up; Intelsat mixed on extension
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5/10/2017 | DD | Market Commentary: Frontier leads with slight gain; Valeant ‘wildly active’; Intelsat pares losses; Concordia up on earnings
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5/9/2017 | DD | Market Commentary: Valeant sees big gains after debt reduction; Hertz down on earnings miss; Intelsat lower ahead of exchange deadline
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5/8/2017 | DD | Market Commentary: California Resources leads most-active for second-straight session; GenOn, Talen higher; Neiman unchanged
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5/5/2017 | DD | Market Commentary: Post earnings, California Resources up as crude oil rebounds; GenOn ‘not as active,’ but up; Revlon, Neiman down
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5/4/2017 | DD | Market Commentary: GenOn mixed after offering announcement; E&P drops with oil; Community Health reacts to health care bill
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5/3/2017 | DD | Market Commentary: Earnings-related activity moves Community Health, Fresh Market, CF Industries; California Resources goes low
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5/2/2017 | DD | Market Commentary: Community Health jumps on results; Valeant follows after annual meeting; California Resources drops
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5/1/2017 | BKCVDDEMIGPV | Market Commentary: USG, New Home drive by; Covey Park active; Pharmaceutical Product about flat; Petsmart up
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5/1/2017 | DD | Market Commentary: Petsmart higher after Friday drop; Community Health, Valeant unresponsive to earnings, debt reduction
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4/27/2017 | DD | Market Commentary: Intelsat, Ensco generally undisturbed by earnings releases; iHeart down as exchange offer pushed back
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4/26/2017 | DD | Market Commentary: California Resources higher with oil; Intelsat up ahead of earnings; iHeart ticks lower with looming exchange tender
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4/24/2017 | DD | Market Commentary: Community Health ticks higher on low-volume session; iHeart continues inactive streak; Intelsat gains
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4/21/2017 | DD | Market Commentary: Ocwen rebounds after Thursday plunge; California Resources continues to tick down; Valeant falls
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4/20/2017 | DD | Market Commentary: Ocwen Financial down big after Consumer Financial lawsuit comes forward; Petsmart down; pharma mixed
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4/19/2017 | DD | Market Commentary: Oil drops sharply, as do California Resources, Pacific Drilling; Petsmart down as acquisition details murky
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4/18/2017 | BKCVDDEMIGPV | Market Commentary: Cumberland prices; Petsmart surges after Chewy acquisition; Post up a bit; pharma down
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4/18/2017 | DD | Market Commentary: Petsmart sees several-point intraday swing post-acquisition; Avaya quiets after Monday uptick; pharma drops
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4/12/2017 | BKCVDDEMIGPV | Market Commentary: SNF Floerger, Tutor Perini, Endo, Tennant price; Toys ‘R’ Us jumps; recent issues mixed
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4/12/2017 | DD | Market Commentary: Toys ‘R’ Us up several points after posting fourth quarter results; Endo International rebounds; Valeant down
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4/7/2017 | DD | Market Commentary: Cobalt International bounces around before 10-point upswing; FirstEnergy higher; pharma mixed; retailers tight
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4/6/2017 | DD | Market Commentary: Oil companies rule market as crude advances; Accudyne higher; iHeart eyed on tender news
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4/6/2017 | DD | Market Commentary: Energy names firm as oil prices continue gains; Hertz brakes slide seen on Tuesday
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4/4/2017 | DD | Market Commentary: Intelsat trades higher as day’s volume-heavy issue; Hertz down on auto industry woes; oil, E&P on the up
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4/3/2017 | DD | Market Commentary: Energy Future pares losses from Friday’s session; Community Health sees small loss; Hertz down with auto industry
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3/31/2017 | DD | Market Commentary: Energy Future ‘volatile’ after NextEra acquisition falls through; California Resources nearly flat; Quorum down
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3/30/2017 | DD | Market Commentary: Talen trades higher as tender, term loan announced; E&P’s up on oil’s resurgence; Valeant, Concordia gain
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3/30/2017 | BKCADDHY | Moody’s ups Valeant to SGL-2
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3/29/2017 | DD | Market Commentary: Oil and related E&P tick higher for second-consecutive session; Quorum Health down sharply; Valeant rises
|
3/27/2017 | DD | Market Commentary: Community Health up as health care bill loss continues to sink in; Valeant down; energy mixed
|
3/24/2017 | DD | Market Commentary: Community Health ‘wildly active’ on similar day in Congress; Valeant up across board; retailers drop
|
3/23/2017 | DD | Market Commentary: Community Health up marginally as health bill stalls; Concordia, Avaya dip several points; iHeart quiet
|
3/22/2017 | DD | Market Commentary: Retail, including Bon-Ton, J.C. Penney, mixed after J. Crew results; Valeant turns corner; oil down
|
3/21/2017 | BKCVDDEMIGPV | Market Commentary: Valeant down on lower session; Petsmart follows; recent First Quantum and AK Steel fall
|
3/21/2017 | DD | Market Commentary: Valeant bleeding continues on down session; Community Health loses amid healthcare debate; Intelsat lower
|
3/20/2017 | DD | Market Commentary: iHeart up after several downtrodden sessions; Valeant, Concordia slip again; Neiman flat
|
3/18/2017 | DD | Market Commentary: iHeart continues slide, Valeant, Concordia continue struggles; Walter rebounds, Exco up
|
3/16/2017 | DD | Market Commentary: Guitar Center, Walter down following results; Concordia, iHeart fall; Neiman stagnant
|
3/15/2017 | BKCVDDEMIGPV | Market Commentary: Eldorado prices, firms; Foresight, Quantum deals on tap; market firms after Fed rate move
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3/15/2017 | DD | Market Commentary: After results, Concordia sees big losses; Valeant rebounds after ‘whipsaw’ week; Neiman up again
|
3/14/2017 | DD | Market Commentary: Valeant lower as Ackman exits shares; Neiman Marcus gains on sale talks report; energy slide continues
|
3/14/2017 | BKCVDDEMIGPV | Market Commentary: Primaryside focus turned to Europe; new T-Mobile, AMC deals active; new Valeant retreats
|
3/14/2017 | DD | Market Commentary: Valeant existing bonds continue slide, even as new paper up; energy still weak, but drillers rebounding
|
3/13/2017 | BKCVDDEMIGPV | Market Commentary: T-Mobile three-part megadeal, AMC drive by, new AMC gains; new Valeant again firm
|
3/10/2017 | DD | Market Commentary: New Valeant bonds jump, existing issues continue retreat; Intelsat gains; energy still weak
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3/10/2017 | BKCVDDEMIGPV | Market Commentary: New Home, Fortress price to cap $17.54 billion week, biggest of all time, recent deals busy
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3/9/2017 | BKCVDDEMIGPV | Market Commentary: Valeant, American Axle, Charter lead year’s biggest day so far; funds plunge $2.12 billion
|
3/9/2017 | DD | Market Commentary: Oil slips again, but distressed doesn’t ‘capitulate’ as much as day prior; existing Valeant up; Intelsat slides
|
3/8/2017 | DD | Market Commentary: Plummeting oil brings California Resources, others down; Community Health, Valeant down; Intelsat up
|
3/6/2017 | BKCVDDEMIGPV | Market Commentary: Aircastle, Olin, Vermilion price; calendar swells; new Blue Line, CyrusOne busy
|
3/6/2017 | DD | Market Commentary: Valeant rises after refinancing, new term B loan news; Community Health up; Neiman, Intelsat down
|
3/3/2017 | DD | Market Commentary: Intelsat closes out merger-filled week on decline; Neiman down after Lazard hire; Valeant mixed post-sale
|
3/2/2017 | DD | Market Commentary: Intelsat mixed, most active in distressed space; Valeant continues rebound; iHeart up across board
|
3/1/2017 | BKCVDDEMIGPV | Market Commentary: Dollar pricings again absent, but BlueLine, Vermilion slate; Avis prices euro deal
|
3/1/2017 | DD | Market Commentary: Intelsat posts third-straight session of gains; Valeant ‘marginally’ better; Neiman continues rally
|
2/28/2017 | BKCVDDEMIGPV | Market Commentary: Dollar primary still on hold, Stonegate to shop sterling deal; Intelsat adds to gains
|
2/28/2017 | DD | Market Commentary: Intelsat sees gains after confirming merger with OneWeb; Valeant down post-results; Endo, Neiman unchanged
|
2/27/2017 | DD | Market Commentary: Intelsat up big ahead of earnings on reported merger talks with OneWeb; Valeant up marginally before results
|
2/24/2017 | DD | Market Commentary: Community Health ‘lackluster’ to cap gaining week; retailers mixed after J.C. Penney announces closings
|
2/23/2017 | DD | Market Commentary: iHeartCommunications firm in two issues after Q4 results; Community Health trek continues; Denbury down
|
2/21/2017 | DD | Market Commentary: Community Health explodes post-earnings; Quorum Health follows; pharma mixed, Valeant, Intelsat up
|
2/17/2017 | DD | Market Commentary: Community Health up on asset sale; California Resources drops; Neiman Marcus lower
|
2/16/2017 | DD | Market Commentary: Hornbeck Offshore down big after Q4 results; Murray continues upsurge; Valeant, Avaya, Hertz down
|
2/14/2017 | DD | Market Commentary: Murray Energy tops gainers on ‘heavy volume’; Rent-A-Center mixed after disappointing quarter; Hexion up
|
2/6/2017 | DD | Market Commentary: Community Health active; Vanguard Natural continues losses after Chapter 11; Neiman down
|
2/3/2017 | DD | Market Commentary: Bankruptcy news sets in for Vanguard Natural; Algeco Scotsman up on exchange news; Neiman trades tightly
|
2/2/2017 | DD | Market Commentary: Avaya very active, though unchanged on session; retailers see mixed movement; Weatherford up on debt outlook
|
2/1/2017 | DD | Market Commentary: Under Armour drops into distressed territory; Community Health gains; pharma goes up; Intelsat quiets
|
1/31/2017 | DD | Market Commentary: Intelsat sees softer gains; Community Health up on fellow hospital operator results; pharma down; Peabody up
|
1/30/2017 | DD | Market Commentary: Intelsat sees gains for third straight session; Neiman down a ‘smidge’; Peabody pares loss; E&P mixed
|
1/27/2017 | DD | Market Commentary: Intelsat ticks up on another quiet day; Peabody drops wildly, but on low volume; Valeant, Neiman down
|
1/26/2017 | DD | Market Commentary: Quiet day capped by more Avaya activity; Intelsat rises; Bonanza down slightly post-settlement; E&P up
|
1/25/2017 | DD | Market Commentary: Avaya sees one big spike, some mixture; Neiman Marcus continues gains; Valeant rumors drive upticks
|
1/24/2017 | DD | Market Commentary: Avaya up on DIP financing; Neiman Marcus recoups loss from Monday; E&P holds steady; pharma mixed
|
1/23/2017 | DD | Market Commentary: Bleeding goes on for Neiman Marcus as it sees steep declines; Avaya up; healthcare, pharma mixed
|
1/17/2017 | DD | Market Commentary: iHeart stays active ahead of CDS auction; Peabody up on Chapter 11 exit; GenOn sees mixed movement
|
1/13/2017 | DD | Market Commentary: Peabody to exit Chapter 11, sees several-point gain; GenOn ‘mover of the day’; Avaya down; Caesars ticks up
|
1/12/2017 | DD | Market Commentary: Valeant ‘top dog’ on most active list; Community Health swings down; Murray active; Avaya dips
|
1/11/2017 | BKCVDDEMIGPV | Market Commentary: Novalex prices; Team Health ahead; Valeant down; other pharma companies follow; E&P mixed
|
1/11/2017 | DD | Market Commentary: Valeant down on post-asset sale, Trump; Murray Energy up; iHeart continues to be active ahead of auction
|
1/10/2017 | BKCVDDEMIGPV | Market Commentary: Novolex on tap, Icahn on the road; Sabine Pass up on ratings boost, Valeant on asset sale
|
1/10/2017 | DD | Market Commentary: Valeant Pharmaceuticals up big on two separate asset sales; Avaya continues fall; Neiman Marcus up
|
1/9/2017 | DD | Market Commentary: Intelsat, Avaya down on otherwise quiet day; Valeant, Community Health quieter; E&P mixed as oil drops
|
1/6/2017 | DD | Market Commentary: Community Health closes out week on high note; Neiman Marcus unchanged despite IPO fizzle; E&P nearly flat
|
1/5/2017 | DD | Market Commentary: Hospitals continue gains from Obamacare dismantling talk; retailers see bad holiday sales; E&P up
|
1/4/2017 | DD | Market Commentary: Community Health, Quorum Health among gainers on Obamacare shedding; Bonanza surges on Chapter 11 filing
|
1/3/2017 | DD | Market Commentary: E&P names rally off early morning trend in oil prices; Community Health wraps asset sale
|
12/22/2016 | DD | Market Commentary: Navios up as contract in ‘full force and effect’; iHeart, Peabody keep moving; retailers trade pre-holiday
|
12/21/2016 | DD | Market Commentary: iHeart steals action with ruling, moving notes both ways; Peabody down on operating loss; Valeant mixed
|
12/20/2016 | DD | Market Commentary: Volume stays low in pre-holiday calm; Valeant down; iHeart mixed as decision looms; one-off names trade
|
12/19/2016 | DD | Market Commentary: Valeant most active in lulling distressed land; idiosyncratic names make moves in both directions
|
12/16/2016 | DD | Market Commentary: Lull hits distressed markets; iHeartMedia down several points; energy mixed on oil future rise
|
12/15/2016 | DD | Market Commentary: Overall quiet in distressed market, although Valeant swings; Peabody decline continues; energy down
|
12/13/2016 | BKCVDDEMIGPV | Market Commentary: Upsized AmeriGas, Concho, American Midstream price; recent RSP Permian, Carlson trade up
|
12/13/2016 | DD | Market Commentary: Peabody loses ahead of restructuring; iHeart up on intraday swings; Neiman Marcus down on Q1 results
|
12/12/2016 | DD | Market Commentary: Energy up on weekend’s supply cut deal; Peabody rallies on benchmark coal contract; J. Crew down
|
12/6/2016 | DD | Market Commentary: Distressed energy retreats on lower oil prices; Ensco, Intelsat up; Community Health continues climb
|
12/5/2016 | DD | Market Commentary: Intelsat solidifies exchange talks; Peabody up after paying DIP in full; energy firm after oil pares
|
12/2/2016 | DD | Market Commentary: Intelsat bonds bounce around on filing disclosures; energy issues keep firming; Valeant rebounds
|
12/1/2016 | DD | Market Commentary: Oil sector extends gains following OPEC accord; Memorial Production up after forbearance
|
11/30/2016 | DD | Market Commentary: OPEC accord lifts oil sector, California Resources; Valeant Pharma down on asset sale bust
|
11/29/2016 | DD | Market Commentary: iHeart gives up prior day’s gains; Murray Energy tops Peabody in coal activity; Stone down
|
11/28/2016 | DD | Market Commentary: Possible bankruptcy marks uptick for Avaya; Peabody up on coal, possible bankruptcy exit
|
11/23/2016 | BKCVDDEMIGPV | Market Commentary: Firmer junk market quietly heads into holiday break; Conduent paper well above issue price
|
11/23/2016 | DD | Market Commentary: Trading slows before holiday; Peabody amends DIP loan; EP Energy, California Resources up
|
11/22/2016 | DD | Market Commentary: Ultra Petroleum gets huge gain after plan support agreement; Peabody rallies on commodities; oil mixed
|
11/21/2016 | DD | Market Commentary: Energy sector sees boom amid OPEC speculation; coal down; Community Health and Quorum on the upswing
|
11/18/2016 | DD | Market Commentary: Community Health sees mixed movement after $425 million sale; oil back-and-forth; coal down, again
|
11/17/2016 | DD | Market Commentary: Little movement stirred by charges against Valeant execs; Peabody reacts to China coal expansion; oil mixed
|
11/15/2016 | DD | Market Commentary: Valeant Pharma seeks to decrease debt load; oil up with promising agreement on horizon; ‘one-offs’ gain
|
11/15/2016 | BKBWCADDHYLM | Valeant aims to pay $5 billion of $30 billion debt via asset sales
|
11/14/2016 | DD | Market Commentary: Hexion up after note buyback announcement; CHC mixed on reorganization; hospitals and pharma down
|
11/9/2016 | DD | Market Commentary: Trump presidency trickles down for upticks, several industries decline; energy, pharma up; hospitals lose
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11/8/2016 | BKCVDDEMIGPV | Market Commentary: Primary stays quiet, Telesat Canada downsizes, CF deal seen high-grade; Valeant, Hertz dip
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11/8/2016 | DD | Market Commentary: Valeant takes nosedive after earnings announced; Concordia continues plunge; Alliance, Endo see movement
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11/8/2016 | BKCADDHY | Moody’s lowers Valeant, facilities, debt
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11/7/2016 | DD | Market Commentary: Concordia retreats with earnings; Alliance, Valeant anticipate theirs; oil surge pushes prices higher
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11/3/2016 | BKCVDDEMIGPV | Market Commentary: Downsized ServiceMaster prices, also Associated Materials, Kissner; funds dive by $4 billion-plus
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11/2/2016 | BKCVDDEMIGPV | Market Commentary: Dollar primary quiets down after huge session; Telesat slates; Tutor Perini spikes deal
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11/1/2016 | DD | Market Commentary: Valeant Pharma loses, then surges in late afternoon; healthcare down; oil bonds follow OPEC speculation
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10/31/2016 | DD | Market Commentary: Oil sector drops after unsuccessful OPEC supply talks; Valeant down on probe news; CHS keeps falling
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10/28/2016 | DD | Market Commentary: Community Health slows after tumultuous Thursday; other healthcare mixed following suit; energy wobbles
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10/26/2016 | DD | Market Commentary: Oil retreats as energy mixed on day; Quorum Health sees decline ahead of results; several retailers slide
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10/25/2016 | DD | Market Commentary: Peabody reacts to OPEC speculation, oil prices; Linn builds on growth; Freeport-McMoRan posts earnings
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10/21/2016 | DD | Market Commentary: Peabody finishes week on strong note; Stone mostly unchanged on restructuring agreement; Concordia loses CEO
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10/18/2016 | DD | Market Commentary: Peabody bonds lead pack after industrial metals rally; CF downgraded to junk; Intelsat paper fluctuates
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10/17/2016 | DD | Market Commentary: Peabody gains, oil and gas mixed after production numbers released; Intelsat, Valeant bonds falter
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10/14/2016 | DD | Market Commentary: California Resources ‘active’; Valeant sees little change; Brietburn creditors urge company to nix ‘risky’ plan
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10/13/2016 | DD | Market Commentary: Valeant drops with Q3 announcement on horizon; Nortel up after settlement; Alliance leaks after deal
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8/11/2016 | BKCVDDEMIGPV | Market Commentary: XPO, Service King drive by, XPO gains; Community Health, Valeant lower; funds add $1.655 billion
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8/11/2016 | DD | Market Commentary: Ultra Petroleum jumps post-earnings; Valeant debt in retreat; Quorum Health bonds drop
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8/10/2016 | BKCVDDEMIGPV | Market Commentary: No dollar deals price, Murphy Oil slates; new MGM Growth, Builders, Veritas issues active
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8/9/2016 | BKCVDDEMIGPV | Market Commentary: Builders First Source leads drive-by parade, new bonds pop; Valeant jumps on results
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8/9/2016 | DD | Market Commentary: Valeant improves as guidance affirmed; Walter Investments pops on sales; Guitar Center debt wanes
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7/20/2016 | DD | Market Commentary: Valeant trades active, better; Tronox debt pushes higher; energy space, Intelsat end with mixed tone
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7/13/2016 | DD | Market Commentary: Valeant Pharmaceuticals down as Left goes short; Intelsat dwindles; little follow-through in Claire’s
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7/9/2016 | DD | Market Commentary: Distressed bonds mostly better along with junk market; energy, Chemours, Valeant up, Intelsat off
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7/8/2016 | BKCVDDEMIGPV | Market Commentary: New Transocean notes busy, better; primary quiet but hopeful; overall junk market stronger
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6/7/2016 | BKCVDDEMIGPV | Market Commentary: Gray TV, Six Flags drive by, Zekelman also prices, new bonds busy, higher; Valeant gyrates
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6/7/2016 | DD | Market Commentary: Valeant Pharmaceuticals reports disappointing results, cuts guidance; oil jumps over $50, sector firms
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6/3/2016 | CADDHY | Valeant again triggers note defaults for holdup in filing financials
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5/27/2016 | BKCVDDEMIGPV | Market Commentary: Primary quiet to end $11 billion week; Yum! slates megadeal; Valeant up on M&A buzz
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5/27/2016 | DD | Market Commentary: Distressed bond trading muted as holiday nears; Valeant bonds improve on takeover news
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5/23/2016 | BKDDHY | Valeant plans to use asset sale proceeds to tackle debt, says new CEO
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5/19/2016 | CADDHY | Valeant Pharmaceuticals gets default notice after delay filing 10-Q
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5/19/2016 | DD | Market Commentary: Halcon Resources’ debt gains on prepackaged news; Valeant bonds drift lower; Caesars also weakens
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5/18/2016 | DD | Market Commentary: Valeant Pharmaceuticals weighing asset sales; Intelsat reduces tender offer pricing; Caesars active
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4/29/2016 | BKCVDDEMIGPV | Market Commentary: Ardagh brings $4.5 billion to strong demand; Western Digital off post-earnings; Valeant pressured
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4/29/2016 | DD | Market Commentary: Valeant pressured as 10-K filed; First Quantum rises on earnings beat; AK Steel sells stock, bonds slip
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4/28/2016 | DD | Market Commentary: Energy names jump on firmer oil prices; Gymboree gains; Valeant firms despite Senate scrutiny
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4/25/2016 | CADDHY | Valeant Pharmaceuticals defaults on notes after delay filing 10-K
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4/13/2016 | BKCADDHY | Moody’s drops Valeant liquidity to SGL-4
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4/12/2016 | DDHY | Valeant 5½% noteholders send default notice in light of 10-K delay
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4/7/2016 | BKCVDDEMIGPV | Market Commentary: Upsized Charter drives by, eases; new Numericable again tops actives; funds gain $1.18 billion
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4/7/2016 | DD | Market Commentary: Distressed bonds pushed aside for new high-yield issues; Nortel notes up as court battle rages on
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4/6/2016 | DD | Market Commentary: Crude oil prices jump, energy sector follows; Puerto Rico debt dims; Valeant paper continues to gain
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4/5/2016 | BKCVDDEMIGPV | Market Commentary: Downsized Diebold prices; new Sunoco still struggles; WDC busy again; Valeant bonds bounce
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4/5/2016 | DD | Market Commentary: Valeant bonds improve as probe concludes; iHeartMedia maintains; energy space moves lower
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4/2/2016 | DD | Market Commentary: Energy bonds slide with lower oil; SunEdison remains weak; Valeant, AK Steel better
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3/30/2016 | DD | Market Commentary: Distressed oil and gas bonds mixed on crude moves; Intelsat stays busy, inches up; Valeant debt firms
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3/28/2016 | DD | Market Commentary: Distressed debt trading light post-holiday; Intelsat bonds better to unchanged; Valeant loan slides
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3/21/2016 | BKCVDDEMIGPV | Market Commentary: Intelsat, Aircastle price upsized drive-by deals; Valeant bonds busy amid board turmoil
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3/18/2016 | BKCVDDEMIGPV | Market Commentary: Upsized MDC prices to cap $2.57 billion week, moves up; oil names gain; busy Valeant fades
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3/16/2016 | BKCVDDEMIGPV | Market Commentary: Cinemark brings add-on; Kraton Polymers relaunches deal; Radian up; Valeant again active
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3/16/2016 | DD | Market Commentary: Peabody Energy misses coupon payments, warns about the future; Valeant remains active, trades mixed
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3/15/2016 | BKCVDDEMIGPV | Market Commentary: Radian prices, new bonds pop, recent deals steady; Valeant down on warning, lower guidance
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3/15/2016 | BKCADDHY | Valeant delays 10-K, breaching covenants and opening door to default
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3/1/2016 | BKCVDDEMIGPV | Market Commentary: Upsized HCA megadeal drives by, bonds rise; new Solera strong; Valeant rebounds
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2/29/2016 | BKCVDDEMIGPV | Market Commentary: Restructured Solera deal prices; new Lennar busy; Valeant dives on SEC probe, Intelsat off
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2/23/2016 | BKCVDDEMIGPV | Market Commentary: Summit Materials drives by; Solera sets talk; Valeant rebounds, but Intelsat slide worsens
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1/7/2016 | BKCVDDEMIGPV | Market Commentary: Microsemi brings year’s first syndicated new deal; market lower, funds lose $809 million
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1/5/2016 | BKCVDDEMIGPV | Market Commentary: Junk steadies after opening 2016 with loss; Chesapeake gains, primary calm, but M&A deals expected
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12/22/2015 | BKCVDDEMIGPV | Market Commentary: Junk sees improved tone, helped by better stocks, oil prices; Valeant up; Denbury down
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12/17/2015 | BKCVDDEMIGPV | Market Commentary: Two-day junk rally ends; oils lower; Valeant mixed, Navistar up; funds plunge $3.81 billion
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12/16/2015 | BKCVDDEMIGPV | Market Commentary: Junk rally continues as Fed hikes rates, primary remains quiet; Valeant extends gains
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12/15/2015 | BKCVDDEMIGPV | Market Commentary: Primary still quiet as junk turns broadly higher; Valeant jumps on Walgreens arrangement
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11/10/2015 | BKCVDDEMIGPV | Market Commentary: Teekay, ContourGlobal bring add-ons in quiet pre-holiday session; Valeant firms after call
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11/9/2015 | BKCVDDEMIGPV | Market Commentary: HCA megadeal prices, trades actively; Team Health, ContourGlobal slate; market moves lower
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11/3/2015 | BKCVDDEMIGPV | Market Commentary: CNH, Platform Specialty Products price; Platform pops; new T-Mobile jumps on heavy volume
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10/30/2015 | BKCVDDEMIGPV | Market Commentary: Primary quiet to close out $6 billion week, $9.4 billion month; Thursday deals rise in heavy trading
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10/30/2015 | DD | Market Commentary: Valeant mixed as Philidor cast aside; latest earnings weighing on Murray, Consol, Intelsat
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10/28/2015 | BKCVDDEMIGPV | Market Commentary: Primary quiet, but new L Brands bonds jump; Bombardier flies on government aid report
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10/27/2015 | BKCVDDEMIGPV | Market Commentary: L Brands, Toll drive by; Rite Aid jumps on Walgreens buyout news; Valeant bonds turn mixed
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10/26/2015 | BKCVDDEMIGPV | Market Commentary: Valeant bonds fall despite company’s presentation; Chesapeake chopped on gas price weakness
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10/26/2015 | DD | Market Commentary: Declining energy prices, upcoming earnings pressure Chesapeake, Consol; steelmakers also fall
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10/24/2015 | DD | Market Commentary: Valeant leads pharma rebound; Platform Specialty off as CEO plans exit; energy names slide
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10/23/2015 | BKCVDDEMIGPV | Market Commentary: Pharmaceutical, hospital names rebound; Asbury add-on closes $1.65 billion primary week
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10/23/2015 | DD | Market Commentary: Valeant, other drug makers continue slide; hospital names trade off; oil credits again lower
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10/22/2015 | BKCVDDEMIGPV | Market Commentary: Hospital names fall on Community Health earnings warning; funds see $3.34 billion inflow
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10/22/2015 | DD | Market Commentary: Valeant debt clobbered as report alleges fraud; other pharmaceuticals fall; oil credits lower
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10/21/2015 | BKCVDDEMIGPV | Market Commentary: Valeant crushed as short-seller’s report alleges fraud; Jarden prices; Globo postpones
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10/21/2015 | DD | Market Commentary: Valeant bonds shed Monday gains; Horizon Pharma converts slide; AMD firm despite downgrade
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10/19/2015 | DD | Market Commentary: Valeant bonds firmer after earnings though loans retreat; oils steady despite crude slide
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10/19/2015 | BKCVDDEMIGPV | Market Commentary: Primary quiet, though American Energy – Permian on tap; new AerCap keeps firming in active trading
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10/17/2015 | DD | Market Commentary: Valeant rebounds after subpoena-related slide, oils firm with crude prices; AMD gains despite losses
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10/16/2015 | BKCVDDEMIGPV | Market Commentary: AerCap parachutes in with upsized $1 billion deal, new bonds fly; Valeant, oils, Wynn all rebound
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10/16/2015 | DD | Market Commentary: Valeant falls on federal probe, oils off with crude; Fortescue gains on debt buyback, cost-cutting
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10/15/2015 | BKCVDDEMIGPV | Market Commentary: Valeant sours on subpoena, Fortescue up on debt buyback, cost cuts; funds gain $1.48 billion in week
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10/5/2015 | BKCVDDEMIGPV | Market Commentary: High yield rebounds as week begins; Valeant paper fades; Cablevision, Altice climb higher
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9/29/2015 | BKCVDDEMIGPV | Market Commentary: Valeant rebounds; Alcoa ends weak again; Chesapeake announces layoffs; Bombardier firms
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9/28/2015 | BKCVDDEMIGPV | Market Commentary: High-yield market ends in ‘bloodbath’; recent new issues pressured; Valeant faces subpoena
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8/20/2015 | BKCVDDEMIGPV | Market Commentary: No pricings, primary seen done for summer; new KIK, Oneok notes active; funds gain $111 million
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6/25/2015 | BKCVDDEMIGPV | Market Commentary: TI Automotive prices; Endo deal adds to gains; Valeant off on M&A; funds up $621 million
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4/9/2015 | BKCVDDEMIGPV | Market Commentary: Fiat Chrysler, Murray deals lead $6.6 billion primary; Halcon up; funds gain $1.35 billion
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3/18/2015 | BKCVDDEMIGPV | Market Commentary: Infor megadeal prices; Rite Aid, Huntsman slate; still-accommodative Fed helps market firm
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3/17/2015 | BKCVDDEMIGPV | Market Commentary: Virgin Media, split-rated Masco deals price, Fortescue shelves offering; energy fades more
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3/16/2015 | BKCVDDEMIGPV | Market Commentary: Vulcan drives by; new Valeant bonds busy as Endo gives up on Salix; energy slide continues
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3/13/2015 | BKCVDDEMIGPV | Market Commentary: Giant-sized Valeant deal caps nearly $16 billion week, new bonds busy; energy names slide
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3/12/2015 | BKCVDDEMIGPV | Market Commentary: United Rentals two-parter, CenturyLink price; Valeant upsizes; funds lose $1.96 billion
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3/11/2015 | BKCVDDEMIGPV | Market Commentary: Shea Homes two-parter, Surgical Care, GFL deals price; Valeant up on Endo bid for Salix
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3/9/2015 | BKCVDDEMIGPV | Market Commentary: Crestwood, Masonite, HealthSouth drive by; calendar builds; Whiting jumps on sale talk
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2/24/2015 | BKCVDDEMIGPV | Market Commentary: Digicel drives by, moves up; recent bonds busy; Sitel bonds gain as Onex eyes possible sale
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2/23/2015 | BKCVDDEMIGPV | Market Commentary: DISH weakens after numbers, CEO retirement; Salix gains on Valeant merger; Toys’ bonds up
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2/5/2015 | DD | Dendreon stalking horse bidder OK’d, increases bid to $400 million
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1/29/2015 | DD | Dendreon gets stalking horse bid from Valeant, extends bid deadline
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1/20/2015 | BKCVDDEMIGPV | Market Commentary: Post-holiday primary cooks with Zayo, Endo, HealthSouth drive-bys; new, recent deals busy
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1/15/2015 | BKCVDDEMIGPV | Market Commentary: Valeant, Targa price megadeals; Bombardier drops on plane pause; funds gain $879.5 million
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6/18/2014 | BKCVDDEMIGPV | Market Commentary: West megadeal, NuvoTV, Wave Division offerings price; Valeant plans massive deal
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