Sears (SHLD) Gets Added Boost As CIT Said to Be Financing Vendors Again
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In addition to rumblings of a take-private deal at Sears Holdings (Nasdaq: SHLD), shares of the embattled retailer are higher today on reports from Dow Jones News that CIT is again said to be financing vendors of Sears.
News last week that CIT cut off these "factor" loans to Sears vendors hit the shares hard.
News last week that CIT cut off these "factor" loans to Sears vendors hit the shares hard.
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