Tuesday, July 14, 2009
CIT Rises on ‘Active’ Talks for U.S. Aid Before Debt Maturity
CIT Group Inc. rose in European trading after the corporate lender said it’s in “active discussions” with regulators about a rescue before $1 billion of bonds mature next month... CIT jumped 27 percent to $1.71 at 11:30 a.m. in Frankfurt. The New York-based company has so far been unable to persuade the U.S. government to back its debt sales and said July 12 that it’s in discussions with regulators on a “series of measures to improve the company’s near-term liquidity position..."
Bloomberg: CIT Rises on ‘Active’ Talks for U.S. Aid Before Debt Maturity
Bloomberg: CIT Rises on ‘Active’ Talks for U.S. Aid Before Debt Maturity
Permalink posted by markw @ 4:23 AM 
 |
 |  |
  |
