Companies

CIT Group, Inc.

NYSE: CIT
$53.50
▲ $2.16 (+4.21%) today
Markets closed · 6:10am ET

CIT Coverage

Page 4
1:04pm ET
Banking, finance, and taxes

Should Investors Really Rethink of CIT as Buyout Bait?

CIT Group Inc. (NYSE: CIT) is recovering on Wednesday, but this is only a portion of the losses that shareholders endured on Tuesday after wider losses due to its debt financing. Today’s…

Jon C. Ogg
2:00pm ET
Banking, finance, and taxes

Rumor Mill Turns to CIT Buyout or Sale

This would mark a serious change of fate if there is truth to the report. CIT Group Inc. (NYSE: CIT) went belly up after the recession. Since emerging from bankruptcy under CEO John…

Jon C. Ogg
10:06am ET
Banking, finance, and taxes

CIT Refinancing Debt at Lower and Lower Rates

CIT Group Inc. (NYSE: CIT) is getting it borrowing costs and its cost of capital lower and lower under the leadership of John Thain. While this company once went bankrupt due to…

CIT
Jon C. Ogg
11:21am ET
Investing

Sears Rumors Heating Up (SHLD, CIT)

Shares of Sears Holdings Corp. (NASDAQ: SHLD) are jumping this morning on increased speculation that majority shareholder Eddie Lampert will take the company private. The speculation first surfaced earlier this week when…

Paul Ausick
10:33am ET
Investing

More Drama Driving Sears Stock (SHLD, CIT)

Sears Holdings Corporation (NASDAQ: SHLD) is continuing to trade higher, despite a poor job of management and despite the notion that reality may get in the way of rumors.  There remains an ongoing…

Jon C. Ogg
6:27am ET
Media

Media Digest (1/12/2012) Reuters, WSJ, NYT, FT, Bloomberg

Olympus may partner with Samsung. (Reuters) RBS cuts 3,500 investment bank jobs. (Reuters) RealtyTrac reports that foreclosures reached a four-year low in 2011. (Reuters) International Monetary Fund senior executive Lipton sees no…

Douglas A. McIntyre