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Stocks move higher on reports CIT close to rescue (AP)


Investors extended Wall Street’s rally Monday on more upbeat earnings and reports that commercial lender CIT Group has a deal with key bondholders that will help it avoid bankruptcy.

This entry was posted on Monday, July 20th, 2009, 9:41 am and is filed under Finance News. You can follow any responses to this entry through RSS 2.0. Both comments and pings are currently closed.

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