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Jones Apparel Shares Up On Credit Facility Downsizing (JNY)

By Dividend.com Staff
December 26th, 2008

jones-apparel-shares-up-on-credit-facility-downsizing-jny

Jones Apparel (JNY) just announced it has reduced $1.25 billion worth of revolving credit lines by $650 million.

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Disclaimer: Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.