All Three Major Indexes Each Rise Less Than 1%; Goldman Sachs Reports Record 2Q Profit; CIT Group Talking with Regulators, May Get Debt Sale Backing; Advance Retail Sales Ex-Autos Rise Only 0.3% in June; Dell Shares Fall Most Since December, Now Reviewing ... NYSE:GS NYSE:CIT NASDAQ:INTC NYSE:YU...
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Newell Rubbermaid Cuts Forecast and Plans to Cut 8% to 10% of Jobs, Shares Fall 13%; Western Digital Cutting About 2500 Jobs; General Mills Forecasts Slowing Sales in Second Half of FY 2009; ConAgra Benefiting from More Consumers Eating at Home; CIT Plans
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General Motors Outlook Bleak Even with Government Aid; CIT Gets Green Light for TARP Funding; AIG in Talks to Sell International Units; Prologis Selling Chinese Unit for $1.3 Billion; Textron Cuts 4Q Profit Forecast, Restructuring to Include a Cut of 220
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CIT Group Capital Was All Talk; Regulator’s Capital Standards in Question (Bloomberg News) ... NYSE:CIT Law Legal Issues Personal Finance Business Economy Banking Government Politics Careers Occupation Financial Services Editors Pick
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S&P Rises 1.1%; Dow Rises 1.17%; Nasdaq Rises 1.2%; S&P Closing at Highest Level Since November; Red Hat to Replace CIT on S&P Starting Friday; Hasbro and Eaton Beat Estimates (Bloomberg News)
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CIT Reporting $10 Billion in Debt Coming Due Through 2010 (Bloomberg News) ... NYSE:CIT Law Legal Issues Personal Finance Business Economy Banking Government Politics Careers Occupation Financial Services Editors Pick
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CIT probably won’t get a government bailout. It is possible for the company to declare bankruptcy. (Bloomberg News) ... NYSE:CIT Business Economy Banking Government Politics Municipality
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