SAN FRANCISCO (Dow Jones)--Billionaire investor Carl Icahn raised on Friday his offer for notes issued by CIT Group Inc.
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CIT GROUP INC.
CIT Group, Inc., a leading global commercial and consumer finance company, offers lending, leasing, and advisory services to small and mid-sized businesses, as well as to top companies in the energy, health care, communications, and entertainment industries. CIT has more than $70 billion in managed assets and, in 2008, agreed to become a bank holding company to receive TARP money under the economic stimulus. The company was founded in 1908 and is headquartered in New York.
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The multi-year traditional bankruptcy is now often referred to as a 'free fall.' Led by companies such as CIT Group...
SAN FRANCISCO (MarketWatch) -- CIT Group Inc. said late Tuesday that the U.S. Bankruptcy Court for the Southern...
WASHINGTON (Dow Jones)--U.S. Treasury Department officials are on defense stemming from the CIT Group Inc.
for Treasury. More losses are likely as other TARP recipients have missed dividend payments. NEW YORK (Fortune) -- CIT...
Jones)- Dell Inc. (DELL) says its finance division won't be hurt by the bankruptcy of lender CIT Group Inc.
able to post a solid gain and shake off news of a landmark bankruptcy filing by the lender CIT Group. But financials...
After several months of twists and turns in an effort to avoid bankruptcy, on Sunday CIT Group put end to its ongoing...
Commercial lender CIT Group filed for bankruptcy protection on Sunday after U.S. government bailout and debt exchange...
go, the CIT Group barely averted what it considered to be a ruinous bankruptcy filing that would likely have put the...
The CIT Group, the troubled lender, secured several important agreements on Friday as it prepared for what it had said...
NEW YORK, Oct 30 (Reuters) - Shares on CIT Group Inc (CIT.N)resumed trading on Friday after being halted on pending...
Beleaguered middle-market lender CIT Group Inc. (NYSE:CIT) is in the process of securing an additional $4.
NEWSWIRES SAN FRANCISCO -(Dow Jones)- Billionaire investor Carl Icahn, clarified terms of a tender offer for CIT Group...
That’s the message that Jeffrey Werbalowsky, the chief financial adviser to the CIT Group’s steering committee of large...
NEW YORK -(Dow Jones)- Negotiations on changes to CIT Group Inc.'s (CIT) sweeping debt exchange went down to the wire,...
The resignation of the CIT Group’s chief executive, Jeffrey M. Peek, comes as the company faces what seems to be an...
It was only four weeks ago that CIT Group Inc.'s (NYSE:CIT) board of directors gave the CEO Jeffrey Peek a vote of...
Oct. 1 (Bloomberg) -- CIT Group Inc., the 101-year-old commercial lender, will seek board approval as soon as this week...
Earlier Tuesday the rumor mill was abuzz with word that hedge fund manager John Paulson of Paulson & Co.
Hedge fund manager John Paulson has his hands in two moribund companies that he thinks might be better off together...
the contract. Dow Jones industrial average futures gained 16 points and Nasdaq 100 futures gained 1.25 points.
held by tight contracts, few competitors * Possible bankruptcy outcome uncertain NEW YORK (Reuters) - When finance...
volume over the last few sessions. Also in active trading, bond insurer AMBAC Financial (ABK) jumped 28%, while CIT...
Evidently the Federal Reserve is tired of the CIT Group Inc. (NYSE:CIT) deathwatch and is taking a larger hand in...
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