Stocks and Finance

Cit Group

Cit Group 4/24/2012

08:14 : CIT Group Swings to Loss - CIT Group, the business lender that emerged from bankruptcy more than two years ago, posted a wider-than-expected loss of $446.5 million in the first quarter as costs tied to debt repayments weighed on earnings.
Source : wsj-com

Cit Group 3/15/2012

17:41 : CIT Group (CIT) rises slightly AH after stating it will redeem $1.6B worth - CIT Group (CIT) rises slightly AH after stating it will redeem $1.6B worth of 7% senior notes due 2015. Following the purchase, CIT will still have $3.1B in 7% notes due 2016, and $4.1B in 7% notes due 2017, left on its books. Post your ...
Source : seekingalpha-com

Cit Group 3/8/2012

08:50 : European lenders continue to shed assets to raise capital as [[CIT]] Group - European lenders continue to shed assets to raise capital as CIT Group purchases a $200M aircraft loan portfolio from an undisclosed European bank. (earlier) Post your comment!
Source : seekingalpha-com

Cit Group 1/26/2012

15:26 : Forbes Earnings Preview: CIT Group - Analysts have become increasingly bearish on CIT Group (CIT) in the month leading up to the company's fourth quarter earnings announcement schedule for Tuesday, January 31, 2012. The consensus analyst estimate has moved from 34 cents ...
Source : forbes-com

Cit Group 12/23/2011

09:08 : CIT Group (CIT) says it will soon have eliminated or refinanced more than - CIT Group (CIT) says it will soon have eliminated or refinanced more than $17B of its first- and second-lien debt since the beginning of 2010, continuing a string of such announcements over recent months. CIT +1.4% premarket. Post your ...
Source : seekingalpha-com

Cit Group 9/16/2011

10:33 : Sources claim CIT Group (CIT) is looking to sell a $1B commercial loan ... - Sources claim CIT Group (CIT) is looking to sell a $1B commercial loan portfolio as part of its ongoing restructuring efforts. Since former Merrill chief John Thain became CEO last year, CIT has sold more than $8B in ...
Source : seekingalpha-com

Cit Group 7/19/2011

13:17 : CIT Group ([[CIT]] +1.5%) receives mixed coverage from analysts. Shares ... - CIT Group (CIT +1.5%) receives mixed coverage from analysts. Shares were upgraded to Outperform from Neutral by Boenning & Scattergood, while Morgan Stanley lowers its target to $47 and cuts estimates on higher expenses. ...
Source : seekingalpha-com

Cit Group 7/14/2011

17:19 : CIT Group to prepay $500 million of first lien term loan - Commercial lender CIT Group Inc said it has given notice that it will prepay $500 million of its $3 billion senior secured first lien term loan on July 15, 2011.
Source : ibtimes-com
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