US Equity Markets in Positive Territory

US equity markets opened in positive territory today as bankruptcy risks haunting troubled commercial lender CIT Group subsided after bondholders threw the company a $3 billion lifeline.
Investors cheered after CIT Group, the century-old lender to nearly one million small- to mid-sized businesses, rallied 90% to $1.33 a share after a group of bondholders offered [...]

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