accountLewis was a major blow to his once prosperous Wall Street career. But things are looking up at CIT Group where Thain...
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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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first quarter as its mortgage business cooled, a decline that tepid loan demand from corporations couldn't offset.
(Updates share price in first and sixth paragraphs.) April 20 (Bloomberg) -- CIT Group Inc., the business lender run by...
eye on big changes -- just in case they're material to our investing thesis. What: Shares of CIT Group (NYSE: CIT )...
who said they were ready to use more of their cash to make new loans. [ WSJ ] CIT Group: Federal and Utah banking...
April 20 (Bloomberg) -- CIT Group Inc., the business lender run by John Thain, said the Federal Deposit Insurance Corp.
By Nathan Becker CIT Group Inc. (NYSE:CIT) Shares jumped 6.3% to $43 in premarket trading. As of Tuesday's close, the...
(Reuters)- - CIT Group Inc (CIT.N The Federal Deposit Insurance Corp and Utah Department of Financial Institutions had...
* Shares up 8 pct before the bell (Adds background, share movement) April 20 (Reuters)- - CIT Group Inc said U.S.
CIT Group Inc. said federal and Utah banking regulators have terminated a cease-and-desist order imposed on the lender...
other cars from its headquarters in Chicago. Competitors include GATX Corp. and units of General Electric Co.
other cars from its headquarters in Chicago. Competitors include GATX Corp. and units of General Electric Co.
sale, done through its Texas Competitive Electric Holdings Co. unit, was the biggest offering of speculative-grade debt...
no interest in tackling Goldman���s size directly. The largest financial institution allowed to go bankrupt post-Lehman...
"fallen angels" as they were known when they first got downgraded. For example, of the investors who...
bond fund. Most bond indexes weight their holdings by size of issuance. So, a heavily indebted firm like CIT Group gets...
"fallen angels" as they were known when they first got downgraded. For example, of the investors who...
But Tyco began running up losses in a variety of operations, forcing it to shed units like the CIT Group. Mr.
But Tyco began running up losses in a variety of operations, forcing it to shed units like the CIT Group. Mr.
producing debt and related equity securities. Top ten corporate bonds, including coupon andmaturity Percentage of total...
MarketWatch The U.S. markets have started the second quarter on an upswing. New York Community Bancorp and CIT Group...
the acquisition of Marshall & Ilsley (NYSE:MI) Roberts and Niemiera reckon New York Community Bancorp (NYSE:NYB)...
CIT Group Inc. (NYSE: CIT), a leading provider of financing to small businesses and middle market companies, today...
NYSE: AIB ) National Bank of Greece (NYSE: NBG ) Banco Santander (NYSE: STD ) US Bancorp Huntington Bancshares (Nasdaq:...
a lending operation and has also talked with General Electric Co., based in Fairfield, Connecticut, and New York-based...
Top Sources: CIT Group Inc.
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- thedeal.com
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- CNN Money
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