2/1/2021 | DD | J.C. Penney Chapter 11 plan of reorganization effective as of Jan. 30
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1/8/2021 | DD | J.C. Penney seeks exclusivity extension out of ‘abundance of caution’
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12/31/2020 | DD | Market Commentary: Outlook 2021: Hertz navigates bankruptcy; energy awaits demand recovery; theaters seek cash
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12/7/2020 | DD | J.C. Penney completes sale of retail, operating assets to landlords
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11/24/2020 | DD | J.C. Penney receives court confirmation of plan of reorganization
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11/23/2020 | DD | J.C. Penney equity interest holders blast Chapter 11 plan
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11/12/2020 | DD | J.C. Penney: Equity interest holders’ motion to vacate DIP order denied
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11/10/2020 | DD | J.C. Penney gets nod to sell assets to Brookfield, Simon, lenders
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11/2/2020 | DD | J.C. Penney reaches settlement with lenders regarding bankruptcy sale
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10/28/2020 | DD | J.C. Penney signs asset purchase agreement with Brookfield, Simon, first-lien lenders
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10/27/2020 | DD | J.C. Penney receives conditional approval of disclosure statement
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10/26/2020 | DD | J.C. Penney first-lien minority lenders seek separate property sale
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10/20/2020 | DD | J.C. Penney files Chapter 11 plan, details proposed sale of assets
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10/16/2020 | DD | J.C. Penney seeks more time to file reorganization, sale documents
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10/15/2020 | DD | J.C. Penney equity interest holders ask court to vacate DIP order
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10/6/2020 | DD | J.C. Penney first-lien bank lender group objects to sale proposal
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10/6/2020 | DD | J.C. Penney obtains 120-day extension of its exclusive plan periods
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9/25/2020 | DD | J.C. Penney: $44 million of operating income for month ended Sept. 5
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9/14/2020 | DD | J.C. Penney granted approval of $15 million sale of Plano mall space
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9/14/2020 | DD | J.C. Penney conference ordered; auction pulled; plan extension sought
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9/11/2020 | DD | Market Commentary: Occidental notes weaken as tender offer ends; J.C. Penney trades up in retail space
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9/11/2020 | DD | J.C. Penney gets multiple bids for three properties; auction Sept. 14
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9/10/2020 | DD | Market Commentary: J.C. Penney notes eyed after sale agreement; Transocean active as tender offer ends
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9/9/2020 | DD | J.C. Penney reaches agreement to sell retail, operating assets
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8/31/2020 | DD | Market Commentary: United Airlines notes in focus after fee drop; AMC notes improve after asset sale news
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8/24/2020 | DD | J.C. Penney seeks approval of $15 million sale of Plano mall space
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8/19/2020 | DD | J.C. Penney case parties ordered to conference amid timeline concerns
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8/6/2020 | DD | J.C. Penney lenders agree to extend business plan approval deadline
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7/24/2020 | DD | J.C. Penney: $80 million of operating income for month ended July 4
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7/20/2020 | DD | J.C. Penney outlines DIP facility, support agreement milestone changes
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7/15/2020 | DD | J.C. Penney identifies 152 store closures as part of reorganization
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7/15/2020 | DD | J.C. Penney business plan agreement and approval deadlines extended
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6/25/2020 | DD | J.C. Penney deal for shipment of $80 million in Nike goods approved
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6/23/2020 | DD | J.C. Penney announces 14 more store closures in phase two of process
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6/16/2020 | DD | J.C. Penney inks deal to allow shipment of $80 million in Nike goods
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6/12/2020 | DD | J.C. Penney gets approval to postpone $34.5 million in rent payments
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6/12/2020 | DD | J.C. Penney receives court approval to conduct store-closing sales
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6/10/2020 | DD | J.C. Penney: Additional stakeholders join restructuring support deal
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6/10/2020 | DD | J.C. Penney, shareholders ink agreement that allows informal committee
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6/9/2020 | DD | J.C. Penney, committee oppose dismissal and equity committee motion
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6/8/2020 | BKDD | J.C. Penney obtains final approval of $900 million financing package
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6/4/2020 | DD | J.C. Penney plans to begin closing sales at 154 locations on June 12
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6/3/2020 | DD | J.C. Penney unsecured creditors committee blasts DIP financing motion
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5/29/2020 | DD | Market Commentary: PG&E notes up after regulators approve restructuring; Party City jumps in retail space
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5/28/2020 | DD | Market Commentary: Hertz notes improve as large equity investor exits; Occidental jumps as investors sue
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5/22/2020 | BKCVDDEMHY | Prospect News reports eight new defaults for week of May 14-May 20
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5/19/2020 | BKDDHY | S&P lowers J.C. Penney
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5/19/2020 | DD | J.C. Penney filing triggers credit event on €5 billion note program
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5/19/2020 | BKDDHY | Fitch drops J.C. Penney to D
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5/18/2020 | DD | J.C. Penney granted OK to access $500 million in cash collateral
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5/15/2020 | DD | Market Commentary: J.C. Penney notes trade higher before bankruptcy filing; WeWork up on quarterly results
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5/15/2020 | BKDDHY | J.C. Penney files Chapter 11, inks restructuring support agreement with some first-lien lenders
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4/29/2020 | DD | Market Commentary: Hertz notes trade lower as lease payment skipped; SM Energy rises despite earnings loss
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4/28/2020 | DD | Market Commentary: Hertz notes trader higher despite ratings downgrade; L Brands gains on market optimism
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4/27/2020 | DD | Market Commentary: Diamond Offshore drops after bankruptcy news; Hertz notes rise despite ratings cut
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4/24/2020 | DD | Market Commentary: Hertz notes decline as company hires advisers; Whiting eyed amid restructuring plan
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4/17/2020 | BKCVDDEMHY | Prospect News reports eight new defaults for week of April 9-April 15
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4/17/2020 | BKDDHY | S&P downgrades J.C. Penney to D
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4/16/2020 | DD | Market Commentary: Hertz spirals lower as company seeks financial rescue; Rite Aid drops on earnings
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4/16/2020 | BKDDHY | Fitch downgrades J.C. Penney
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4/15/2020 | DD | Market Commentary: Frontier rises after bankruptcy filing; J.C. Penney lower as interest payment skipped
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4/15/2020 | DDHY | J.C. Penney skips interest payment on 6 3/8% senior notes due 2036
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4/15/2020 | DDHY | J.C. Penney skips interest payment on 6 3/8% senior notes due 2036
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4/13/2020 | BKDDHY | Moody’s cuts J.C. Penney
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4/2/2020 | DD | Market Commentary: WeWork notes up despite scrapped tender offer; Whiting Petroleum higher in energy space
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4/1/2020 | DD | Market Commentary: Whiting notes decline after bankruptcy filing; J.C. Penney down as ratings lowered
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4/1/2020 | BKDDHY | Fitch cuts J.C. Penney to CCC-
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3/31/2020 | DD | Market Commentary: Bombardier notes decline as ratings downgraded; CBL securities eyed in REIT space
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3/18/2020 | DD | Market Commentary: J.C. Penney notes decline as stores temporarily shuttered; CBL eyed after ratings cut
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2/27/2020 | DD | Market Commentary: Whiting driven down amid quarterly loss; J.C. Penney notes eyed in retail sector
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2/4/2020 | DD | Market Commentary: Intelsat higher on anticipated auction announcement; J.C. Penney rises in retail space
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11/15/2019 | DD | Market Commentary: Intelsat notes improve after filing auction plan; J.C. Penney higher on mixed earnings
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10/22/2019 | DD | Market Commentary: WeWork notes weaken as financial rescue deal reached; Rite Aid active amid upgrade
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9/18/2019 | DD | Market Commentary: McDermott plunges on turnaround talk; J.C. Penney notes lower amid ratings downgrade
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9/18/2019 | BKDDHY | Fitch cuts J.C. Penney
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9/10/2019 | DD | Market Commentary: PG&E notes lower after restructuring plan submitted; Mallinckrodt lifted on asset sale
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8/30/2019 | DD | Market Commentary: Mallinckrodt continues slide in pharma space; J.C. Penney up amid executive stock buys
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8/29/2019 | DD | Market Commentary: Mallinckrodt bonds drop after drawing down revolver; Whiting active on tender offer
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8/21/2019 | DD | Market Commentary: L Brands lower on earnings anticipation; Endo International notes continue to rise
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8/16/2019 | DD | Market Commentary: Exela Technologies lower after ratings downgrade; Revlon notes weaken in retail sector
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8/15/2019 | DD | Market Commentary: J.C. Penney better after earnings report; PG&E drops on negative report
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7/23/2019 | DD | Market Commentary: Bed Bath & Beyond mixed on layoff news; LSC notes tank after merger cancelled
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7/22/2019 | DD | Market Commentary: Mallinckrodt dips on negative attention; Halcon lower on restructuring chatter; U.S. Steel up
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7/19/2019 | DD | Market Commentary: Mallinckrodt’s woes continue; Teva drops; J.C. Penney explores options
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6/17/2019 | DD | Market Commentary: Denbury mixed as early exchange results come in; Frontier lower in telecom space
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5/31/2019 | DD | Market Commentary: U.S. Steel down on tariff news; Teva mixed after negative week
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5/31/2019 | BKDDHY | Moody’s downgrades J.C. Penney
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5/22/2019 | DD | Market Commentary: Mallinckrodt lower on ratings downgrade; DISH mixed after acquiring assets
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5/21/2019 | DD | Market Commentary: Mallinckrodt dives after legal move; J.C. Penney down post-earnings
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5/21/2019 | BKBWDDHY | J.C. Penney draws on ABL facility to fund some working capital needs
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3/27/2019 | DD | Market Commentary: PG&E mixed after DIP financing secured; CBL drops, company settles class action suit
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3/22/2019 | DD | Market Commentary: Denbury declines after company nixes merger; Murray Energy dips after ratings downgrade
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3/5/2019 | BKDDHY | S&P downgrades J.C. Penney
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3/1/2019 | DD | Market Commentary: Neiman Marcus notes rise on news of creditor agreement; PG&E issues up as investor lists board nominees
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2/28/2019 | DD | Market Commentary: PG&E notes decline as company incurs $10.5 billion charge; Digicel issues fall as covenants are eased
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2/8/2019 | DD | Market Commentary: Mattel notes higher after beating earnings estimates; Tata Motors issues lower as Jaguar disappoints
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2/6/2019 | DD | Market Commentary: Hi-Crush notes decline after earnings miss; J.C. Penney issues mixed as company exits appliance business
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1/22/2019 | DD | Market Commentary: PG&E notes lower as company secures financing; Adient issues rise despite downgrade
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1/16/2019 | DD | Market Commentary: PG&E notes recover some recent losses; Adient issues fall on preliminary Q1 results
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1/15/2019 | DD | Market Commentary: PG&E notes mixed as company misses payment; PHI issues lower as maturity draws near
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1/14/2019 | BKDDHY | Fitch downgrades J.C. Penney
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1/10/2019 | DD | Market Commentary: L Brands declines after lagging holiday sales; PG&E mixed on third day of high volume
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1/9/2019 | DD | Market Commentary: PG&E notes recover with broad market; PHI issues improve despite ratings downgrade
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1/8/2019 | DD | Market Commentary: PG&E drops on bankruptcy speculation; Hornbeck mixed on exchange offer
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1/7/2019 | DD | Market Commentary: Rowan positive despite shareholder opposition to sale; QEP pops on buyout news
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12/31/2018 | DD | Market Commentary: Outlook 2019: Energy to stabilize; retailers to divide online market; telecom weakness eyed
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12/24/2018 | DD | Market Commentary: Weatherford notes mixed on ratings downgrade; L Brands issues lower as holiday shopping wraps up
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12/7/2018 | DD | Market Commentary: Mallinckrodt notes move lower as market reacts to spinoff news; Neiman Marcus down on sales report
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12/4/2018 | DD | Market Commentary: Digicel notes jump after exchange offer amended; Neiman Marcus issues drop in debt fight
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11/21/2018 | DD | Market Commentary: Ensco, Rowan notes gain after clearing regulatory hurdle; Ultra Petroleum up despite ratings downgrade
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11/20/2018 | DD | Market Commentary: L Brands notes fall on cut dividend; Sable Permian issues dive on earnings report
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11/16/2018 | DD | Market Commentary: PG&E notes rise despite ratings downgrades; Bombardier issues drop amid negative news
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11/15/2018 | DD | Market Commentary: J.C. Penney notes slide after earnings release; Hexion issues decline on revised negative outlook
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11/14/2018 | DD | Market Commentary: Bristow notes lower on consent solicitation; Sears issues gain amid post-bankruptcy operations buzz
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11/9/2018 | DD | Market Commentary: Bristow notes higher after earnings release; Revlon issues see boost after positive earnings
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11/1/2018 | DD | Market Commentary: Sanchez, Hornbeck notes rise despite posting Q3 losses; Bed Bath & Beyond issues lead retail activity
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10/17/2018 | DD | Market Commentary: Ultra Petroleum notes mixed on exchange agreements; Hexion issues mixed as holders prep for debt talks
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10/12/2018 | DD | Market Commentary: PHI notes tank after company cancels tender offer; energy mixed on rebound; Sears sinks
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10/10/2018 | DD | Market Commentary: Sears notes crash on reports that company is prepping for bankruptcy; energy paper sinks
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10/5/2018 | DD | Market Commentary: Mallinckrodt recoups earlier losses; Ultra Petroleum leads energy space; retailers down
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10/3/2018 | DD | Market Commentary: J.C. Penney notes higher on CEO news; Intelsat gains after new issue; energy names up
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10/2/2018 | DD | Market Commentary: Intelsat notes mixed as unit prices new issue; J.C. Penney hires CEO; oil sector gains
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10/1/2018 | DD | Market Commentary: PHI notes decline; Diebold gets interim CFO, notes gain; oil sector broadly higher
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9/28/2018 | BKCVDDEMIGPV | Market Commentary: Envision prices downsized deal, trades lower; Vine Oil prices; Tesla dominates
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9/28/2018 | DD | Market Commentary: J.C. Penney drops following CFO departure; FirstEnergy Solutions gains on bankruptcy deal
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8/28/2018 | DD | Market Commentary: FirstEnergy Solutions notes mixed on bankruptcy settlement; Sears mixed as Amazon tire program expands
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8/27/2018 | DD | Market Commentary: Diebold notes jump as rescue loan secured; J.C. Penney issues improve after week of negative news
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8/24/2018 | DD | Market Commentary: J.C. Penney declines amid negative attention; Ultra Resources falls in wake of downgrade
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8/23/2018 | DD | Market Commentary: Sears mixed as company announces closure of 46 stores; Ultra Resources rises, receives downgrade
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8/22/2018 | BKCVDDEMIGPV | Market Commentary: Envision Healthcare eyed; California Resources remains in focus; Comstock gains
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8/22/2018 | DD | Market Commentary: Sanchez Energy notes up with oil futures; California Resources mixed as energy news sparks trading
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8/21/2018 | DD | Market Commentary: J.C. Penney notes improve despite downgrade; Sanchez Energy issues continue to rise with oil futures
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8/21/2018 | BKDDHY | Fitch downgrades J.C. Penney
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8/20/2018 | DD | Market Commentary: Sanchez notes gain as focus shifts to energy names; California Resources issues start week mixed
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8/17/2018 | BKCVDDEMIGPV | Market Commentary: Starwood shelves deal; dog days hit primary; J.C. Penney falls more; WeWork broaches par
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8/17/2018 | DD | Market Commentary: J.C. Penney notes fall again on ratings downgrades; Diebold issues continue decline
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8/17/2018 | BKDDHY | S&P downgrades J.C. Penney
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8/17/2018 | BKDDHY | Moody’s trims J.C. Penney
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8/16/2018 | BKCVDDEMIGPV | Market Commentary: Silence on Starwood; Denbury improves; CIT at par; J.C. Penney under pressure
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8/16/2018 | DD | Market Commentary: J.C. Penney notes crater after releasing Q2 earnings report; Diebold issues drop as lender shops rescue loan
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5/25/2018 | DD | Market Commentary: Frontier mixed after unsuccessful asset auction; J.C. Penney mixed in aftermath of CEO departure
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5/24/2018 | DD | Market Commentary: Frontier notes decline in wake of unsuccessful auction for assets; J.C. Penney issues mixed
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5/23/2018 | DD | Market Commentary: Frontier mixed after bids for Florida assets fall short; J.C. Penney down a day after CEO departure
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5/22/2018 | DD | Market Commentary: J.C. Penney notes decline on CEO departure; PetSmart issues mixed a day after CEO appointment
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5/21/2018 | DD | Market Commentary: PetSmart notes decline after new CEO announced; Community Health issues mixed for a second day
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5/18/2018 | DD | Market Commentary: Community Health mixed after exchange extended; J.C. Penney rises a day after Q1 report
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5/17/2018 | DD | Market Commentary: J.C. Penney bonds steady after Q1 report; Ultra Petroleum notes up despite ratings downgrade
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3/23/2018 | BKCVDDEMIGPV | Market Commentary: KCA Deutag prices, trades up; calendar builds; Mattel active again; U.S. Steel trades
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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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3/12/2018 | BKCVDDEMIGPV | Market Commentary: Valeant, American Axle price; Frontier, J.C. Penney new issues continue activity
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3/9/2018 | BKCVDDEMIGPV | Market Commentary: Three deals price in busy Friday; new Frontier, Penney active, Sprint dominates trading
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3/9/2018 | DD | Market Commentary: Toys ‘R’ Us active on reports of liquidation; Frontier active after string of positive news
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3/8/2018 | BKCVDDEMIGPV | Market Commentary: Frontier, Springleaf lead year’s busiest day; new issues busy; funds lose $525 million
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3/8/2018 | DD | Market Commentary: Frontier active again as new notes price; J.C. Penney sees more activity after pricing new issue
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3/6/2018 | DD | Market Commentary: Community Health notes rise again amid ratings downgrade; Frontier offers cash for several notes
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3/2/2018 | BKCVDDEMIGPV | Market Commentary: Smaller, restructured Meritage caps $3.49 bln primary week; New Enterprise notes busy
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3/2/2018 | DD | Market Commentary: J.C. Penney notes down after Q4 report; Community Health down on prospect of further closures
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2/23/2018 | DD | Market Commentary: Distressed retail names trade up to end week; Windstream active after loss announcement
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1/26/2018 | DD | Market Commentary: Distressed market finishes week active; energy and telecom stalwarts heavily traded
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1/25/2018 | DD | Market Commentary: Distressed names actively traded but largely unchanged; energy dominates again
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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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1/4/2018 | BKCVDDEMIGPV | Market Commentary: Storm stills junk but energy rise rolls on; Rite Aid recovers; funds gain $186 million
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12/29/2017 | DD | Market Commentary: Outlook 2018: Energy, health care straightening out; other distressed sectors under pressure
|
12/5/2017 | DD | Market Commentary: Energy gains despite crude oil slide; retailers on the rise; communications credits mixed
|
11/17/2017 | DD | Market Commentary: Energy surges despite crude decline; Murray rebounds; wireline, Sprint, hospitals, retail stronger
|
11/14/2017 | DD | Market Commentary: CalRes, other energy names off as crude oil gets crushed; telecoms, others weaker, Venezuela gyrates on downgrade
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11/13/2017 | DD | Market Commentary: CalRes slides in busy trading, though energy credits mixed; Rite Aid firms; Frontier continues to falter
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11/1/2017 | DD | Market Commentary: Frontier, Community Health, Tesla fall on numbers; oil and gas names surge; J.C. Penney gains as Toys falls
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10/31/2017 | DD | Market Commentary: Murray Energy falls amid Bowie Resource buyout; Sprint bonds rebound after Monday slide; J.C. Penney steadies
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10/30/2017 | DD | Market Commentary: Sprint notes nosedive as T-Mobile talks seen in jeopardy; Penney bonds continue retreat on poor guidance
|
10/27/2017 | DD | Market Commentary: J.C. Penney pummeled on poor guidance; Intelsat retreat continues; Venezuela, PDVSA bonds rally
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10/27/2017 | BKCVDDEMIGPV | Market Commentary: FXI, goeasy, CURO deals cap $6 billion week, new FXI notes firm; Intel, Penney fall
|
10/10/2017 | DD | Market Commentary: Energy names firm as oil prices surge; Neiman Marcus jumps on smaller loss, sales decline
|
6/2/2017 | DD | Market Commentary: Intelsat gains back losses after exchange offer falls apart; Hertz mixed; E&P names down
|
5/15/2017 | DD | Market Commentary: Firmer oil prices boost energy names; car-rental bonds in a skid; Penney paper mostly stable after Friday fall
|
5/13/2017 | DD | Market Commentary: J.C. Penney off as shares swoon on poor numbers; Intelsat busy as swap extended; CGG off
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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
|
4/19/2017 | DD | Market Commentary: Oil drops sharply, as do California Resources, Pacific Drilling; Petsmart down as acquisition details murky
|
4/13/2017 | DD | Market Commentary: Claire’s, Quorum Health trade higher after fourth-quarter earnings; iHeart ‘better,’ but not much volume
|
4/7/2017 | DD | Market Commentary: Cobalt International bounces around before 10-point upswing; FirstEnergy higher; pharma mixed; retailers tight
|
3/22/2017 | DD | Market Commentary: Retail, including Bon-Ton, J.C. Penney, mixed after J. Crew results; Valeant turns corner; oil down
|
2/24/2017 | DD | Market Commentary: Community Health ‘lackluster’ to cap gaining week; retailers mixed after J.C. Penney announces closings
|
2/17/2017 | DD | Market Commentary: Community Health up on asset sale; California Resources drops; Neiman Marcus lower
|
2/13/2017 | DD | Market Commentary: Intelsat Jackson rallies ‘across the board’; iHeartCommunications rises on upgrade; Freeport up, Murray down
|
1/25/2017 | DD | Market Commentary: Avaya sees one big spike, some mixture; Neiman Marcus continues gains; Valeant rumors drive upticks
|
1/12/2017 | DD | Market Commentary: Valeant ‘top dog’ on most active list; Community Health swings down; Murray active; Avaya dips
|
12/2/2016 | DD | Market Commentary: Intelsat bonds bounce around on filing disclosures; energy issues keep firming; Valeant rebounds
|
6/7/2016 | BKDDHY | S&P ups J.C. Penney debt, rates loan B+
|
5/13/2016 | DD | Market Commentary: Intelsat trades actively, lower post-tender news; Linn Energy continues to tick up; retail space declines
|
5/7/2016 | DD | Market Commentary: Chesapeake, California Resources down; Endo plunges on guidance cut; Penney off on belt tightening
|
5/6/2016 | BKCVDDEMIGPV | Market Commentary: Primary ends week quietly though upcoming week seen busy; Endo falls on reduced guidance
|
3/30/2016 | BKDDHY | S&P upgrades J.C. Penney
|
2/29/2016 | BKDDHY | Fitch raises J.C. Penney to B
|
2/27/2016 | DD | Market Commentary: Distressed paper seen better amid general market upturn; Intelsat, Whiting extend rebound
|
2/26/2016 | BKDDHY | S&P might lift J.C. Penney
|
2/26/2016 | BKDDHY | Moody’s lifts J.C. Penney to B3
|
1/25/2016 | DD | Market Commentary: Sprint debt rally continues ahead of numbers; SandRidge slammed on credit draw; Peabody firms
|
12/22/2015 | DD | Market Commentary: Distressed market activity wanes ahead of holiday; Denbury drops on exchange news
|
8/27/2015 | BKDDHY | Fitch upgrades J.C. Penney
|
6/30/2015 | BKDDHY | Moody's revises J.C. Penney outlook to positive
|
5/14/2015 | DD | Market Commentary: JCPenney rises post-earnings; Avon takeover offer deemed false; SandRidge up on debt exchange
|
5/13/2015 | DD | Market Commentary: Nortel Networks’ debt weak for second day on allocation plan; JCPenney quiet ahead of earnings
|
5/12/2015 | DD | Market Commentary: Oil, gas bonds dip despite crude gains; coal sector weighed by Patriot filing; JCPenney softer
|
4/22/2015 | BKDDHY | S&P: J.C. Penney to positive
|
4/20/2015 | DD | Market Commentary: Oil rally lifts energy debt; Arch Coal active, mixed ahead of earnings; Peabody numbers on tap
|
2/26/2015 | DD | Market Commentary: Hercules Offshore bonds dive as contract lost; JCPenney, Sears improve after earnings releases
|
2/25/2015 | DD | Market Commentary: Oil price rally lifts energy sector; JCPenney rises as investors prepare for quarterly results
|
1/8/2015 | DD | Market Commentary: Oil and gas rise as oil prices continue to rally; Caesars holders support plan; JCPenney firms
|
1/7/2015 | BKCVDDEMIGPV | Market Commentary: Oil rebound boosts most energy bonds; GM unit brings giant-sized split-rated deal
|
1/7/2015 | DD | Market Commentary: Oil prices rally, energy sector follows suit; JCPenney bonds up big on improved holiday sales
|
1/6/2015 | DD | Market Commentary: Another oil drop weighs on E&P sector; Cliffs Natural Resources gains ground; JCPenney weakens
|
11/11/2014 | BKDDHYIG | S&P upgrades J.C. Penney’s 6 7/8% notes
|
10/15/2014 | DD | Market Commentary: Distressed debt closes soft in volatile trading; oil and gas take beating; mining names weaker
|
10/6/2014 | DD | Market Commentary: GT Advanced convertibles plunge on Chapter 11; J.C. Penney paper pops, but RadioShack retreats
|
10/6/2014 | BKCVDDEMIGPV | Market Commentary: Atlas Resource brings small add-on; calendar builds; Albertsons downsizes; J.C. Penney pops
|
9/11/2014 | BKCVDDEMIGPV | Market Commentary: California Resources, Jupiter, W.R. Grace lead $8 billion session; funds lose $766 million
|
9/10/2014 | DD | Market Commentary: Gymboree nosedives after poor numbers; RadioShack awaits results; Momentive busy but steady
|
9/10/2014 | BKCVDDEMIGPV | Market Commentary: Ashtead, J.C. Penny price; investors await California Resources; Gymboree dives on numbers
|
9/9/2014 | BKDDHY | Moody's rates J.C. Penney notes Caa2
|
9/9/2014 | BKDDHY | S&P gives CCC- to Penney notes
|
9/9/2014 | BKDDHY | Fitch assigns Penney notes CCC/RR4
|
8/15/2014 | BKCVDDEMIGPV | Market Commentary: Quiet primary ends $1.06 billion week; Penney bonds continue firming on favorable numbers
|
8/14/2014 | DD | Market Commentary: Getty Images debt lower on poor numbers; J.C. Penney up; NII Holdings retreat continues
|
7/23/2014 | DD | Market Commentary: 21st Century Oncology continues rally; ACE Cash debt drifting down; J.C. Penney, Caesars mixed
|
7/9/2014 | DD | Market Commentary: Distressed bonds mixed, Fed minutes released; 21st Oncology rebounds; Walter Energy debt rises
|
7/3/2014 | DD | Market Commentary: Verso bonds jump on revised exchange offer; NQ Mobile convertibles steady despite stock slide
|
6/26/2014 | DD | Market Commentary: Toys ‘R’ Us bonds downgraded, end down; Nortel Networks debt softens as settlement talks go on
|
6/16/2014 | DD | Market Commentary: J.C. Penney loses battle with Macy’s, bonds finish higher; Caesars mostly firm, 10% notes slip
|
6/9/2014 | DD | Market Commentary: Market muted, firm; NII debt quiets down; retailers, coal sector start week with positive tone
|
6/5/2014 | DD | Market Commentary: Distressed debt gains strength; NII notes on the rise; retail higher as May sales improve
|
6/4/2014 | BKDDHY | S&P rates J.C. Penney loans B
|
6/4/2014 | DD | Market Commentary: Quiksilver rebounds; RadioShack slips; J.C. Penney rises ahead of credit facility launch
|
6/3/2014 | DD | Market Commentary: J.C. Penney bonds gain ahead of credit facility launch; Quiksilver posts earnings, debt tanks
|
6/3/2014 | BKDDHY | Moody's rates J.C. Penney loans B1, B2
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5/19/2014 | BKDDHY | Fitch: J.C. Penney view positive
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5/19/2014 | DD | Market Commentary: Distressed debt trading volume subdued; Alpha Natural, J.C. Penney hold steady; NII bonds slip
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5/16/2014 | DD | Market Commentary: J.C. Penney ends week strong after numbers; NII Holdings investors target recovery speculation
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5/15/2014 | DD | Market Commentary: Alpha Natural drops as investors see declining recovery hopes; RadioShack downgraded by Fitch
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5/15/2014 | BKDDHY | J.C. Penney ends first quarter with increased debt of $4.8 billion, cash of $1.2 billion
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5/14/2014 | DD | Market Commentary: Alpha Natural mixed on new issue; Sears to review options for unit; J.C. Penney results on tap
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5/12/2014 | DD | Market Commentary: J.C. Penney up on Morgan note, awaited numbers; ANR to bring new deal; NII struggles anew
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4/24/2014 | DD | Market Commentary: Retail firms, coal slips; Caesars comes off of mid-week highs; NII Holdings debt holds ground
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4/16/2014 | DD | Market Commentary: Distressed market slows down before holiday; NII debt ticks up; RadioShack, J.C. Penney weaken
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3/5/2014 | DD | Market Commentary: NII Holdings, J.C. Penney debt continue climb; RadioShack, Caesars bonds still under pressure
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3/3/2014 | BKDDHY | S&P ups J.C. Penney outlook
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2/27/2014 | DD | Market Commentary: Forest Oil slide deepens; Momentive bonds down again; Penney's paper pops on improved earnings
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2/26/2014 | DD | Market Commentary: Momentive bonds remain under pressure; NII softer; J.C. Penney posts profit, debt up post-bell
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2/24/2014 | DD | Market Commentary: NII, J.C. Penney bonds soften ahead of earnings; Verso comes in after exchange offer concerns
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2/18/2014 | DD | Market Commentary: Momentive bonds down again; Cengage plans exit financing; investors mull P.R. Electric rating
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2/14/2014 | DD | Market Commentary: Distressed bonds firm as week comes to end; NII debt pushes up; J.C. Penney rises on CFO news
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2/13/2014 | DD | Market Commentary: Market action muted amid poor weather; Momentive Performance bonds lower; J.C. Penney edges up
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2/7/2014 | DD | Market Commentary: Distressed debt ends week with firm tone; Momentive bonds gain steam; NII continues to climb
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2/6/2014 | DD | Market Commentary: J.C. Penney, RadioShack boosted by firmer market tone; NII strong; Caesars, TXU steady
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2/5/2014 | DD | Market Commentary: Distressed debt activity muted; J.C. Penney's fall continues; James River gets a boost
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2/4/2014 | DD | Market Commentary: J.C. Penney sales miss, bonds take hit; RadioShack shakes off store closures; Arch ends weaker
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1/31/2014 | DD | Market Commentary: Distressed-debt market sees PDVSA bonds trade actively, DFC Global paper slide on results
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1/29/2014 | DD | Market Commentary: Distressed bonds easier; Walter Energy, Alpha still losing ground after analyst's warning
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1/28/2014 | DD | Market Commentary: Distressed bonds calm; J.C. Penney firms; Verso warns on swap offer; Fitch wary of Detroit
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1/27/2014 | DD | Market Commentary: Distressed bond market remains under pressure, but Sears, Radio Shack hang in
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1/24/2014 | DD | Market Commentary: Distressed bonds lower in line with junk retreat, Caesars, NII lead activity; P.R. eyes new debt
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1/23/2014 | DD | Market Commentary: Distressed market sees NII continuing to be active, Caesars trading; RadioShack remains firm
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1/22/2014 | DD | Market Commentary: Caesars bonds busy, NII continues rise; RadioShack up on investor stake, other retailers lag
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1/21/2014 | DD | Market Commentary: NII bonds, shares gain on product rollout; distressed market quiet amid northeastern snowstorm
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1/16/2014 | DD | Market Commentary: Best Buy holiday sales fall, bonds weaken; J.C. Penney debt softer on job cuts, store closures
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1/15/2014 | DD | Market Commentary: Caesars bonds up, trade briskly; NII still busy; players ponder J.C, Penney store closings
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1/13/2014 | DD | Market Commentary: NII Holdings inks deal with Telefonica, bonds lifted; RadioShack bonds shrug off hiring of CFO
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1/9/2014 | DD | Market Commentary: Verso Paper continues to surge; retail sector a mixed bag; Fannie, Freddie preferreds firm
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1/8/2014 | DD | Market Commentary: RadioShack, J.C. Penney drop as investors ponder future; Edison Mission rises on merger plans
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1/3/2014 | DD | Market Commentary: Trading muted amid East Coast snowstorm; Arch Coal ticks higher; market sees firm tone
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12/31/2013 | DD | Outlook 2014: Fed's stimulus tapering, interest rates to play key role in distressed debt market
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12/24/2013 | DD | Market Commentary: Distressed debt liquidity goes on holiday for Christmas; retail data suggest struggling sector
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12/16/2013 | DD | Market Commentary: Recently busy Tronox, NII quiet down; USEC convertibles jump on pre-pack deal; AMR loan breaks
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12/11/2013 | DD | Market Commentary: NII debt ends mixed; coal sector names up; retailers dip; Logan's Roadhouse loses post-numbers
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12/6/2013 | DD | Market Commentary: NII Holdings bonds continue to run higher; J.C. Penney debt dips as Hayman sells equity stake
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12/4/2013 | DD | Market Commentary: Distressed debt dips with market; J.C. Penney firms post-sales numbers; Claire's notes come in
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12/3/2013 | DD | Market Commentary: Arch Coal announces refinancing plan, coal names rise; J.C. Penney sees better November sales
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11/21/2013 | DD | Market Commentary: EXCO debt rises as CEO resigns; investors remain focused on Caesars, NII Holdings, J.C. Penney
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11/20/2013 | BKDDHY | J.C. Penney ends Q3 with $1.7 billion liquidity, sees $2 billion by year-end
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11/20/2013 | DD | Market Commentary: J.C. Penney posts wider loss, but outlook draws investors; New Enterprise makes 'monster move'
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11/15/2013 | DD | Market Commentary: Caesars bonds busy, higher, helped by ResCap court ruling; NII slide continues; Penney better
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11/8/2013 | DD | Market Commentary: Distressed investors focus on topical names; Lucent busy as new deal prices; Molycorp weakens
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11/7/2013 | DD | Market Commentary: J.C. Penney sees first sales gain since 2011; Affinion begins exchange offer; NII drifts down
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11/6/2013 | DD | Market Commentary: J.C. Penney bonds end recent run-up; Caesars debt under pressure; coal sector continues rally
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11/4/2013 | DD | Market Commentary: Alcatel-Lucent to raise fresh capital, bonds improve; Exide settlement with California allowed
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11/1/2013 | DD | Market Commentary: NII Holdings bonds bounce after earnings-induced decline, TXU up on interest payment
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10/31/2013 | DD | Market Commentary: TXU expected to make interest payment, bonds up; NII posts wider loss, subscriber losses mount
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10/29/2013 | DD | Market Commentary: Arch Coal earnings down, but bonds up; J.C. Penney says sales getting better; OGX future murky
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10/28/2013 | DD | Market Commentary: Distressed marketplace opens week with firm tone; MBIA subsidiary pays dividend, bonds unfazed
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10/25/2013 | DD | Market Commentary: Distressed bonds finish week flat; OGX bankruptcy rumors fly, debt falls back to single digits
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10/24/2013 | DD | Market Commentary: TXU rises as interest payment looms; J.C. Penney rally goes on; New Enterprise climbing higher
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10/23/2013 | DD | Market Commentary: Distressed market stays firm despite stock pullback; AMR rises with US Air earnings; OGX falls
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10/22/2013 | DD | Market Commentary: Distressed debt gains strength; topical names remain pressured; RadioShack earnings disappoint
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10/21/2013 | DD | Market Commentary: J.C. Penney, NII Holdings get stock downgrades, bonds decline; RadioShack rises on new GE loan
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10/18/2013 | DD | Market Commentary: Distressed bonds gain strength, follow stocks' lead; Edison Mission pops as NRG to buy assets
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10/17/2013 | DD | Market Commentary: Distressed market firms on government debt deal; OGX hires Angra, appoints new CEO; NII rises
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10/15/2013 | DD | Market Commentary: Government turmoil wreaks havoc on distressed debt; TXU yet to reach deal with creditors
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10/8/2013 | DD | Market Commentary: J.C. Penney paper rebounds on sales, cash report; OGX notes regain ground; Exide pushes higher
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10/4/2013 | DD | Market Commentary: J.C. Penney, OGX bonds stay in focus amid financial stability concerns; market ends week soft
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10/3/2013 | DD | Market Commentary: RadioShack bonds dip as financing offers come in; J.C. Penney remains soft; MF Global declines
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10/2/2013 | DD | Market Commentary: Overseas Shipholding steadies post-earnings; J.C. Penney downgraded by Fitch, bonds lower
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9/27/2013 | DD | Market Commentary: Market ends weak; J.C. Penney rallies on stock sale; Caesars revises debt rates, bonds soften
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9/26/2013 | DD | Market Commentary: Caesars amends refinancing plan; J.C. Penney debt topical as company denies need for more cash
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9/25/2013 | DD | Market Commentary: J.C. Penney drops as analyst points to cash needs; Caesars investor lunch no picnic for bonds
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9/23/2013 | DD | Market Commentary: Overseas Shipholding sinks on income estimates; J.C. Penney debt weakens as new capital sought
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9/12/2013 | DD | Market Commentary: Distressed bonds stay firm amid new issue focus; Caesars mixed, Penney dips; Ambac, MBIA rally
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9/9/2013 | DD | Market Commentary: Distressed bonds stronger, but investors keep eyes on new issues, stocks; PDVSA closes higher
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9/5/2013 | DD | Market Commentary: Distressed space falters with Treasury decline; OGX plan expected soon; Sorenson paper weakens
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9/4/2013 | DD | Market Commentary: Navistar swings to loss, bonds dip; hedge funds buying up J.C. Penney; Fannie, Freddie boosted
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9/3/2013 | DD | Market Commentary: Nokia bonds soar amid asset sale news; Syria fears mount but distressed space rises; OGX firms
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8/29/2013 | DD | Market Commentary: J.C. Penney trending higher in wake of Ackman sale; Justice could settle AMR/US Airways lawsuit
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8/28/2013 | DD | Market Commentary: J.C. Penney, Caesars, Connacher bonds trade around, but OSG, Nokia activity dwindles
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8/27/2013 | DD | Market Commentary: Overseas Shipholding lower; AMR firm despite DOJ delay request; Nokia mixed after warning
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8/26/2013 | DD | Market Commentary: Overseas Shipholding bonds sink on tax bite fears; Edison Mission busy; no J.C. Penney moves
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8/23/2013 | DD | Market Commentary: AMR quiet but ends week higher, touts plan; Penney firms, Nokia busy; Dendreon converts ease
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8/22/2013 | DD | Market Commentary: OGX inches up as creditors hire Rothschild; J.C. Penney adopts poison pill, bonds close mixed
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8/21/2013 | DD | Market Commentary: J.C. Penney bonds mixed one day after earnings; Clear Channel debt dips; AMR hitting new highs
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8/20/2013 | DD | Market Commentary: Distressed market improves, but volume stays thin; J.C. Penney bonds steady despite wider loss
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8/20/2013 | BKDDHY | J.C. Penney touts new term loan deal, ends Q2 with $1.85 billion liquidity
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8/19/2013 | DD | Market Commentary: AMR, Caesars bonds remain busy in otherwise quiet distressed market; Synagro loan trades
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8/15/2013 | DD | Market Commentary: OGX's cash plummets, bonds get beaten down; AMR plan not confirmed; J.C. Penney paper rallies
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8/14/2013 | DD | Market Commentary: AMR drops further as US Airways merger in doubt; J.C. Penney paper weakens; broad market mixed
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8/13/2013 | DD | Market Commentary: J.C. Penney debt stays topical as Ackman steps down; Justice sues to halt AMR-U.S. Air merger
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8/9/2013 | DD | Market Commentary: NII Holdings climbs on asset sale news; Colt Defense posts gains, bonds rise; J.C. Penney busy
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8/8/2013 | DD | Market Commentary: J.C. Penney debt dips as board looks for new CEO; Verso rises on earnings; Alpha Natural gains
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8/7/2013 | DD | Market Commentary: Distressed bonds continue to weaken with market; coal sector taking hits; Penney closes softer
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8/2/2013 | DD | Market Commentary: J.C. Penney bonds continue to dip; Alpha Natural softer on earnings; Affinion comes off highs
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8/1/2013 | DD | Market Commentary: J.C. Penney dips, claims CIT rumors 'untrue'; NII posts wider loss; Affinion rises on earnings
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7/31/2013 | DD | Market Commentary: J.C. Penney debt quoted down as CIT halts supplier payments; Caesars continues bouncing around
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5/21/2013 | BKDDHY | Moody's: J.C. Penney unchanged
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5/21/2013 | DD | Market Commentary: Clear Channel plans LBO debt swap, bonds rise; broad market stays firm, focused on new issues
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5/20/2013 | DD | Market Commentary: Natural gas prices rise, giving energy sector bonds boost; Mexican homebuilders under pressure
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5/17/2013 | DD | Market Commentary: Dex One's PIK notes gain steam; J.C. Penney debt quiet, mixed on earnings; broad market holds
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5/16/2013 | DD | Market Commentary: NII bonds not much moved ahead of new issue; Clear Channel LBO debt soars; J.C. Penney steady
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5/15/2013 | DD | Market Commentary: Ahern Rentals' bonds gain ground as exit nears; ResCap's Ally settlement helps debt strengthen
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5/10/2013 | BKDDHY | S&P cuts J.C. Penney debt, gives loan B
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5/1/2013 | DD | Market Commentary: J.C. Penney bonds climb again day after tender offer; Kodak plan filed, second-lien stubs rise
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4/30/2013 | BKDDHY | Moody's downgrades J.C. Penney
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4/30/2013 | DD | Market Commentary: J.C. Penney tenders for 7 1/8% notes to close Goldman loan, bonds jump again; market ends firm
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4/29/2013 | BKDDHY | J.C. Penney inks $1.75 billion five-year term loan with Goldman Sachs
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4/29/2013 | DD | Market Commentary: J.C. Penney pops on Goldman loan news; Kodak gives assets to U.K. retirees; Caesars debt firms
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4/26/2013 | DD | Market Commentary: Exide bonds remain pressured; GEO takes a wallop, Homex rebounds; Alcatel steady post-earnings
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4/22/2013 | DD | Market Commentary: Distressed debt action stumped amid lack of sellers, too much liquidity; TXU bonds inch higher
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4/17/2013 | DD | Market Commentary: Brazil's OGX declines amid production slump; PDVSA remains soft; Mexican homebuilders up
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4/15/2013 | DD | Market Commentary: J.C. Penney debt falters on news of credit facility drawdown; PDVSA bonds slip post-election
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4/12/2013 | DD | Market Commentary: Mexican homebulders suffer amid restructuring news; PDVSA drops; NII, J.C. Penney stay topical
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4/11/2013 | DD | Market Commentary: NII Capital debt rises in active trading; J.C. Penney mixed, stays topical; broad market firms
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4/10/2013 | DD | Market Commentary: Overseas Shipholding asset sale fails but bonds gain; J.C. Penney busy, weaker; Exide holds in
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4/9/2013 | DD | Market Commentary: J.C. Penney drops on back of CEO ouster; Exide bonds remain volatile; Ambac inks deal with IRS
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4/8/2013 | DD | Market Commentary: Exide Technologies' bonds head down again; J.C. Penney rises, CEO reportedly out; Rotech files
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4/3/2013 | DD | Market Commentary: NII Holdings pops on potential asset sale chatter; J.C. Penney little fazed by CEO salary cut
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3/27/2013 | DD | Market Commentary: J.C. Penney stays topical, bonds close mixed; RBS preferreds drop amid reported bank shortfall
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3/26/2013 | DD | Market Commentary: Distressed market subdued ahead of holiday; J.C. Penney slips as analyst forecasts bankruptcy
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3/21/2013 | DD | Market Commentary: AmerenEnergy bonds see big gains again; Verso, Overseas Ship rise on no news; Sears debt firms
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3/20/2013 | DD | Market Commentary: AmerenEnergy bonds catch a bid; Caesars firms; Fannie, Freddie preferreds remain busy, strong
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3/20/2013 | BKDDHY | J.C. Penney prevails against 7.4% debenture holders' notice of default
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3/18/2013 | DD | Market Commentary: J.C. Penney rebounds from Friday lows; Dex One, SuperMedia file for bankruptcy, to push merger
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3/14/2013 | DD | Market Commentary: AmerenEnergy bonds jump 20 points on sale news; J.C. Penney rally ends; Travelport busy
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3/13/2013 | DD | Market Commentary: Travelport bonds continue to firm; NII Capital debt climbs higher; Sorenson notes hold steady
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3/12/2013 | DD | Market Commentary: J.C. Penney rallies more as CEO exit chatter deemed false; Travelport heralds refinancing plan
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3/6/2013 | DD | Market Commentary: Penney rebounds, PDVSA off on Chavez death; M&A talk boosts CEDC; Hostess tweaks deadline
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3/5/2013 | DD | Market Commentary: Overseas Shipholding steady as sale procedures OK'd; J.C. Penney declines again; PDVSA active
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3/4/2013 | DD | Market Commentary: Overseas Shipholding notes rise on recovery speculation; CEDC lifted by restructuring proposal
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3/1/2013 | DD | Market Commentary: Distressed debt loses out to new issues on final trading day of week; J.C. Penney busy, better
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2/28/2013 | BKDDHY | S&P downgrades J.C. Penney
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2/28/2013 | DD | Market Commentary: J.C. Penney's dismal earnings put pressure on bonds; NII Holdings also lower, as numbers miss
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2/28/2013 | BKDDHY | Fitch downgrades J.C. Penney
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2/27/2013 | DD | Market Commentary: Cengage learning, Global Geophysical remain weak; J.C. Penney debt mixed ahead of posting loss
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2/25/2013 | DD | Market Commentary: Radian rises as company plans convertibles; CEDC shares plunge; Hostess sets meeting
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2/5/2013 | DDHY | Penney's locked in dispute; law firm alleges retailer in default for 7.4% debentures due 2037
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2/4/2013 | BKDDHY | JCPenney calls notice of default from 7.4% debenture holders invalid
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1/29/2013 | DD | Market Commentary: Ameren Energy debt remains weak post-downgrade; J.C. Penney rises; PMI, Ambac, MF Global firm
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12/24/2012 | DD | Market Commentary: Empty desks, Christmas Eve result in 'non-starter' distressed arena; Penney's gets good review
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11/21/2012 | DD | Market Commentary: Distressed market firm ahead of holiday, but volumes muted; Best Buy stays weak post-earnings
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11/20/2012 | DD | Market Commentary: Best Buy swings to loss in Q3, bonds dip; Overseas Shipholding, J.C. Penney see active trading
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11/19/2012 | DD | Market Commentary: Edison Mission debt creeps higher; Overseas Shipholding stays active, firms; Penney trends up
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11/16/2012 | DD | Market Commentary: Overseas Shipholding improves, but DryShips in rough seas; Penney, Kodak show improvement
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11/15/2012 | DD | Market Commentary: Newly bankrupt Overseas Shipbuilding again busy; J.C. Penney, Cengage drift lower
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11/14/2012 | DD | Market Commentary: Overseas Shipholding files, bond trades are 'volatile'; Penney sees more hits; Cengage falling
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11/13/2012 | DD | Market Commentary: J.C. Penney debt decline continues after poor earnings last week; Exide bonds on rollercoaster
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11/9/2012 | DD | Market Commentary: Cengage debt clobbered post-earnings; J.C. Penney declines on poor Q3 results; Exide weakens
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8/10/2012 | DD | Market Commentary: ATP Oil & Gas bonds fall on DIP news, filing expected soon; J.C. Penney reports dismal quarter
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7/26/2012 | DD | Market Commentary: Sprint Nextel bonds defy wider loss; J.C. Penney to redo pricing scheme; Supervalu debt slips
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7/19/2012 | DD | Market Commentary: Nokia posts wider loss, bonds rise anyway; uphill march for Patriot continues; Exide debt dips
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7/12/2012 | DD | Market Commentary: J.C. Penney debt loses ground; energy sector busy, but mixed; Clear Channel bonds drift lower
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10/12/2010 | DD | Market Commentary: Distressed market firms by day's end; TXU active, mixed post-downgrade; Penney takes a beating
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4/9/2009 | DD | Market Commentary: Freescale jumps on asset sale news; retailers moving higher; Ford racks up gains, GM retreats again
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