CIT Group


Sears to Raise $1 Billion by Selling Divisions, Stores

Sears Holdings

Hoffman Estates, IL—In the wake of its fourth quarter loss of more than $2.4 billion, Sears Holdings said today it hopes to raise … [Read more...]

Lender Stops Loans to Sears Vendors Again?

sears-storethumb

New York—Once again, CIT Group Inc., one of the biggest factoring services, reportedly has decided to stop extending credit … [Read more...]

Despite Difficulties at Retail, Sears Stock Soars

Sears

Hoffman Estates, IL—Sears Holdings announced Wednesday that its 2012 annual stockholders meeting would be held on May 2, a date … [Read more...]

Sears Holdings to Go Private?

Sears Holdings

Hoffman Estates, IL—Shares of Sears Holding rose more than 9% today in early trading as speculation continues that Edward Lampert, … [Read more...]

Sears Holdings Downplays Cut in Supplier Loans

Sears Kmart

Hoffman Estates,IL—Sears Holdings moved to do some damage control  surrounding a report that CIT Group, one of the biggest … [Read more...]