Cerba Healthcare Bank Debt Trades Before Talks With Creditors

(Bloomberg) — The sale of a piece of a Cerba Healthcare SACA bank loan signals lenders are seeking to trim their exposure to the French laboratories business before the start of debt talks. A €30 million ($35 million) portion of Cerba’s revolving credit facility was sold at just below 70 cents on the euro Tuesday, … Read more

Josh Brown talks two big bank stocks after earnings reports

Ritholtz Wealth Management CEO Josh Brown had good things to say about JPMorgan and Citigroup following the financial institutions’ earnings reports on Tuesday. Brown joined CNBC’s “Halftime Report” to discuss the two banks after both beat Wall Street estimates. Here’s what he had to say about each name: Citi While Brown said he doesn’t own … Read more