Your English writing platform
Discover LudwigExact(60)
This week, Moody's Investors Service and Standard & Poor's reduced CIT's credit rating, making it even more difficult for CIT to raise money by selling short-term notes to big money market funds, which are typically barred from buying securities that lack high ratings.
The state of MIDD is evolving for CIT, with some methods common to those for non-CIT drugs and others that may eventually become specific to CIT.
All compounds with the exception of CIT had improved peak shapes on the ES-CN column, while the obtained plate numbers for CIT was the lowest.
But the high-flying consumer lending days are over for CIT, he says.
Some stock analysts questioned whether Tyco would be able to get that much for CIT.
Mr. Thain is still grappling with how to secure stable long-term financing for CIT.
With Tyco's stock plunging, would-be buyers appeared ready to wait until Tyco cut its asking price for CIT.
For CIT, getting the price up quickly is more important than it would be for most companies.
But the price that analysts expect Tyco will get for CIT, which Tyco bought last year for $9.2 billion, has fallen steadily to less than $5 billion.
Meanwhile, the credit market crisis has made it difficult for CIT to issue bonds and commercial paper, or short-term I.O.U.'s.
A spokeswoman for CIT said that it moved into the new headquarters because that is where its customers were and it received favorable leasing terms on the building.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com