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Barneys On a Downslide

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Someone else desperately in need of a bailout is Barneys, who suffered having their stocks downgraded yesterday. "The downgrade reflects the company's deteriorating liquidity position, which was highlighted by its recent need for a cash infusion by Istithmar World. [Standard & Poor's] is becoming increasingly concerned that vendors may tighten terms or limit shipments to the company." [Crain's]