CIT Group, Inc. (NYSE:CIT)

11 Largest Bankruptcies of All Time

Posted: January 15, 2019 at 10:50 am

Northern California natural gas and electricity provider PG&E Corp. (NYSE: PCG) recently announced its intention to file for bankruptcy protection under Chapter 11 of the U.S. bankruptcy code. If that ...
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Top Analyst Upgrades and Downgrades: Adobe, Autodesk, BofA, Cleveland-Cliffs, Deere, Facebook, Freeport-McMoRan, Nike, Tilray and More

Posted: January 9, 2019 at 9:05 am

Stocks were indicated to open marginally higher on Wednesday, and now the Dow Jones industrial average is already up over 1,000 points from its lows just last week. Investors are ...
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Top Analyst Upgrades and Downgrades: AK Steel, Bloom Energy, Chipotle, CIT, Cushman & Wakefield, Foot Locker, Sonos, US Steel and More

Posted: August 27, 2018 at 8:50 am

Stocks were indicated to open higher on Monday. Despite the S&P 500 hitting all-time highs a week ago, trading has been very mixed during a very strong earnings season. Investors ...
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Oppenheimer Says Financials Are Cheap: 4 to Buy Now

Posted: July 5, 2018 at 8:40 am

By any measure, the financial sector is one of the cheapest of all in the S&P 500, and despite some very positive tailwinds, the sector has lagged dramatically this year. ...
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Top Analyst Upgrades and Downgrades: Accenture, Ally, Diageo, Harley-Davidson, KB Home, NetApp, Nike, Sirius XM, Walgreens and More

Posted: June 29, 2018 at 8:50 am

Stocks were looking for a stronger open on Friday for the last trading day of the second quarter of 2018. That said, the year-to-date performance has been down 2% for ...
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Top Analyst Upgrades and Downgrades: Amgen, Boeing, Chevron, Exxon, Foot Locker, Lowe’s, Nokia, PayPal, Sprint, Wells Fargo and More

Posted: February 5, 2018 at 9:15 am

Investors have been reminded that the stock market can sell off after a near 666-point drop in the Dow on Friday, and the gap down was less than 1% after ...
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Top Analyst Upgrades and Downgrades: American Water, Baker Hughes, Chipotle, Cree, Electronic Arts, SAP, Snap, AK Steel and More

Posted: April 26, 2017 at 9:10 am

Stocks were indicated up marginally ahead of the proposed Trump tax plan, but this is already after two days of major rallying in which the Dow Jones Industrial Average rose ...
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Top Analyst Upgrades and Downgrades: Best Buy, Groupon, Snap, Starbucks, Weatherford, Alphabet, CIT, Match, Wix and Many More

Posted: March 27, 2017 at 9:10 am

Stocks were indicated lower on Monday in the wake of Friday's sell-off after the GOP health care plan failed to materialize. Now many of the pro-growth policies that were used ...
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piggy bank

Why Oppenheimer Sees 2017-18 as Goldilocks Years for the Banks

Posted: December 12, 2016 at 2:11 pm

The rally in most of the major banks stocks since the November 8, 2016 presidential election has been almost unprecedented. If a rally has taken place this fast it would ...
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departures

Why CIT Group Is Flying High on Friday

Posted: October 7, 2016 at 8:50 am

Shares of CIT Group Inc. (NYSE: CIT) saw a handy gain early on Friday after the company announced that it will be selling its commercial aircraft leasing business. Specifically, CIT Commercial Air ...
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bull and bear

Top Analyst Upgrades and Downgrades: Berkshire Hathaway, CarMax, Noble, Phillips 66, Portola Pharma, Qualcomm and More

Posted: March 28, 2016 at 8:40 am

Stocks were indicated higher on Monday morning after a three-day Easter weekend, but many European markets were closed for the day. Now that stocks have risen but broken a five-week ...
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Bill Gates

Bill Gates and Warren Buffet Purchases Highlight Massive Insider Buying: AutoNation, Phillips 66, Tempur Sealy, Wynn and More

Posted: February 13, 2016 at 10:05 am

If there was ever a week investors were happy to see end, it was this past week. The market was hammered back to the lows printed in January, and there ...
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investing

Why Analysts Are Giving Up on CIT Group and Ally

Posted: February 6, 2016 at 10:35 am

Year to date, financial sector stocks have lost about 11%, more than double the 4.4% drop in the energy sector. The Federal Reserve's interest rate hike was supposed to help ...
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sadness check box

CIT Viewed Cautiously After Earnings

Posted: February 2, 2016 at 12:25 pm

CIT Group Inc. (NYSE: CIT) has recently come under activist pressure to exit certain lines of business. Now its shares were heading south after missing earnings expectations with restructuring costs. ...
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buy sell

Top Analyst Upgrades and Downgrades: GE, 3M, Shopify, SunPower, Zafgen, CIT, Ericsson, Honeywell and Many More

Posted: January 21, 2016 at 8:55 am

Stocks were looking for a small bounce on Thursday after Wednesday's big sell-off that ended up being less of a big sell-off. Investors have every right to feel jilted in ...
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