J.C. Penney Denies Rumors Of Credit Line Cut Off By CIT – ValueWalk Premium
J.C. Penney

J.C. Penney Denies Rumors Of Credit Line Cut Off By CIT

J.C. Penney Company, Inc. (NYSE:JCP) denied rumors that CIT Group Inc. (NYSE:CIT) has pulled off support for small vendors, compounding a sharp drop in its same store sales.

James Covert of New York Post indicated the largest commercial lender in . . .

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