In this week’s Momentum Monitor, The McClatchy Company took the top spot on our Top 20 Gainers list, with Walter Investment Management’s senior notes taking the No. 2 position. Also noteworthy on the list are Hexion, Talen Energy Supply, Dynegy and Seagate Technology.
Walter Investment Management’s subordinated convertible notes took the top spot on our list of the Top 20 Decliners, with Cobalt International Energy taking the No. 2 and No. 3 positions. Other issuers of interest among our Top 20 Decliners are Intelsat, Community Health Systems and DISH Network.
Our Bonds with Reversing Negative Trends list had a decrease to 64 issues compared to 88 in the prior week.
Our list of Bonds with Reversing Positive Trends surged to 270 issues from 122 in the prior week.
For our list of the Top 20 Bonds with Unusual Volume, we highlight Sears Holdings.
The Momentum Monitor’s Distressed Universe Joiners list features three issues, while our list of Distressed Universe Quitters has two.