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UPDATE 2-US lender CIT Group eyes capital return, shares rise
Reuters: Bonds News
Tue, 29 Jan 2013
Jan 29 (Reuters) - CIT Group Inc's fourth-quarter profit beat Wall Street estimates as the small business lender halved spending on the servicing of long-term debt and said it might return capital to...
The T. Rowe Price High-Yield manager discusses the firm's investment in the debt of companies emerging from bankruptcy, including Lyondell, GM, and CITGroup .