Remington Outdoor files bankruptcy; Community Health remains active after amendment

By James McCandless

San Antonio, March 26 – Traders reported a slow start to the Good Friday holiday week during which little activity is expected outside of news-driven names.

Remington Outdoor Co., Inc. saw notes active after the company filed for Chapter 11 bankruptcy on Sunday.

It was another active day for Community Health Systems, Inc. as issues were spurred on by the company’s fourth amendment to its credit agreement.

California Resources Corp. paper dominated the distressed energy sector on a slightly off day for oil futures.

Frontier Corp. and Intelsat SA continued to rule the telecom space. Mallinckrodt plc added more volume to the healthcare sector. Ensco plc and Denbury Resources Inc. were also active energy names.

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