Sears Rises on Report CIT Approving Orders as Early as Today
This article is for subscribers only.
Sears Holdings Corp. advanced the most in more than three months following a report that CIT Group Inc. will approve financing for the retailer’s vendors as soon as today.
Sears rose 9.8 percent to $43.35 at the close in New York, the biggest gain since Oct. 4. The shares dropped 56 percent last year.