Retail/Business
Page 565 of 645
CIT Tweaks Bond Buyback Offer
Lender said it did not intend to file for bankruptcy protection if the debt buyback is successful.
— Jul 24, 2009
Moody’s Downgrades Barneys
Barneys New York was downgraded by Moody's yesterday due to liquidity concerns. Moody's action covers about $270 million of rated debt securities.
— Jul 24, 2009
Kellwood Secures New Financing
Deutsche Bank and other bondholders reach agreement on new notes, allowing the firm to avoid bankruptcy.
— Jul 24, 2009
CIT 'Prepack,' Factoring Sale Seen More Likely
J.P. Morgan, GMAC and W.L. Ross reported to eye factoring arm of CIT Group.
— Jul 24, 2009
Federal Minimum Wage Increases Today
Debate continues about impact of federal minimum wage increase and the law's effect on retailers.
— Jul 24, 2009
