Cit group

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[edit] Option Skews - Freeport-McMoRan Copper & Gold Inc, PNC Financial ... - Schaeffers Research

19 November 2008, by

[edit] Dow Jones Financial Information Services

19 November 2008, by unknown Commercial-finance company CIT Group Inc. plans to exchange $2.2 billion of debt in an attempt to raise the amount of capital needed to become a bank, and by extension, have access to funds from the federal government and cheaper ...

[edit] US Stocks Rally, Led by Energy, Computer Shares; Exxon Gains - Bloomberg

18 November 2008, by

[edit] 24/7 Wall St.: The 52-Week Low Club (SIRI)(GM)(C)(CIT)(SKS)(XTLB)

18 November 2008, by unknown CIT Group (CIT) Analyst said CIT's ability to become a commercial bank is critical to its future. What it it does not work out? Drops to $2.43 from 52-week high of $30.75. Saks (SKS) Bad earnings, concern about debt. ...

[edit] US Stocks Drop, Indexes Fall Below Lowest Closes Since 2003 - Bloomberg

18 November 2008, by

[edit] Naming Baby P is not about giving into a Facebook campaign

18 November 2008, by Naming Baby P and his mother is not about giving into a hysterical Facebook campaign group; this is about confronting the reality of the online age. I can’t link to it here, because it would be breaching reporting restrictions, but I know Baby P’s name, the baby’s mother’s name and the name ...

[edit] CIT, Frontier, Hartford Lead Financials Down - Wall Street Journal

18 November 2008, by

[edit] US Stocks Fall on Concern Recession to Deepen; Alcoa Retreats - Bloomberg

17 November 2008, by

[edit] CIT Group привлекает $1,4 млрд.

17 November 2008, by Крупнейший американский самостоятельный кредитор CIT Group Inc. планирует продажу новых акций для того, дабы расширить свой капитал, поскольку эта финансовая группа стремится стать банком и получить $2,5 млрд. от американского правительства, сообщает Bloomberg.

[edit] CIT Group: Commences Exchange Offer to Bolster Bank Bid - The Alacra Store (subscription)

17 November 2008, by

[edit] UPDATE 2-CIT to raise $1.4 bln to aid switch to holding co - Forbes

17 November 2008, by NEW YORK, Nov 17 (Reuters) - CIT Group Inc, a commercial lender, said on Monday it plans to boost capital by $1.4 billion by selling shares and swapping some debt in its efforts to become a bank holding company.

[edit] 18:46 -- CIT Group продаст акции на $1,4 млрд. [k2kapital]

17 November 2008, by Крупнейший американский независимый кредитор CIT Group Inc. планирует продажу новых акций для того, чтобы расширить свой капитал, поскольку эта финансовая группа стремится стать банком и получить $2,5 млрд. от американского правительства, сообщает Bloomberg.

[edit] Tunisia Daily » UPDATE 2-CIT to raise $1.4 bln to aid switch to ...

17 November 2008, by unknown Forbes - 31 minutes ago NEW YORK, Nov 17 (Reuters) - CIT Group Inc, a commercial lender, said on Monday it plans to boost capital by $1.4 billion by selling shares and swapping some debt in its efforts to become a bank holding company. ...

[edit] List Of Cos Planning To Participate In US Govt's TARP - CNNMoney.com

17 November 2008, by

[edit] CIT to Sell Shares in Quest for US Bailout Funds (Update2) - Bloomberg

17 November 2008, by

[edit] Lincoln Financial buys bank, seeks funds - CNNMoney.com

17 November 2008, by

[edit] CIT unveils exchange offers to raise capital levels

17 November 2008, by CIT Group Inc. announced plans to exchange $2.2 billion in notes in the commercial-finance company's latest effort to raise regulatory-capital levels after applying for bank-holding status last week. Shares were down 7.7% to $3.82 in pre-market trading on concerns about the money CIT ...

[edit] Понедельник, каким он будет?

17 November 2008, by Вслед за AmEx заявку на лицензию подал крупнейший независимый коммерческий кредитор - CIT Group, рынок отреагировал на это ростом акций компании на $0,88, даже не дожидаясь решения ФРС.

[edit] VP, Railcar Leasing - CIT Group, Inc. - Chicago, IL

15 November 2008, by 12850 Job Category Sales/Retail/Business Development VP, Railcar Leasing Job Description The VP Leasing position is a direct calling sales position... From Monster - save job, email, more...

[edit] Watchlist for November 14, 2008

14 November 2008, by It’s the new normal again this morning — a 2% gap to start the day. I guess we have to expect some retracement of yesterday’s huge move. I’d like to see the bulls hold at intraday support from Wednesday — on the QQQQ that’s around 29.50, which is about 1% lower than where it’s trading now. On Today’s ...

[edit] CIT applies to become bank holding company

14 November 2008, by CIT Group, a commercial finance company, has applied with the US Federal Reserve Board of Governors to become a bank holding company. Concurrently, CIT Bank, a wholly-owned subsidiary of CIT, has filed an application to convert its charter from an industrial bank ...

[edit] CIT seeks bank status, TARP funds; stock jumps - Reuters

13 November 2008, by By Elinor Comlay NEW YORK (Reuters) - CIT Group (CIT.N: Quote, Profile, Research, Stock Buzz) said on Thursday that it had applied to become a bank holding company and would seek capital under the US government's program to fund banks, CIT Group Seeks to Become Bank, Tap Treasury Funds (Update2) Bloomberg

[edit] CIT Group Applies to Become Bank Holding Company - Financials * US ...

13 November 2008, by unknown CIT Group said Thursday it has applied to the Federal Reserve to become a bank holding company, a move which would make the commercial finance firm eligible for funding under the government's $700 billion bank rescue program.

[edit] CIT Group Seeks to Become Bank Holding Company - Mergers ...

13 November 2008, by unknown DealBook is a financial news service reporting on mergers, acquisitions, venture capital and hedge funds and is produced by The New York Times.

[edit] CIT Group's Banking Bravado - Forbes

13 November 2008, by

[edit] CIT Group Seeks to Become Bank, Tap Treasury Funds (Update2) - Bloomberg

13 November 2008, by 13 (Bloomberg) -- CIT Group Inc., the largest independent US commercial lender, applied to become a bank holding company and requested an investment from the US Treasury after six straight quarterly losses drained capital. CIT Group applies to become a bank holding company MarketWatch

[edit] Sector weak, but CIT rallies as it seeks to convert - MarketWatch

13 November 2008, by CIT Group Seeks to Become Bank, Tap Treasury Funds (Update1) Bloomberg

[edit] CIT Looks to Transform Into Bank - Wall Street Journal

13 November 2008, by By KERRY E. GRACE Commercial lender CIT Group Inc. said it has applied to become a bank holding company, looking to access part of the Federal Reserve's $700 billion in funds being pumped into financial companies and to participate in the Treasury . CIT Group Seeks to Become Bank, Tap Treasury Funds (Update1) Bloomberg

[edit] Latest Govt bailout: CIT Group

13 November 2008, by CIT Group has applied to the Federal Reserve to become a bank holding company in order to qualify for funding under the government’s $700 billion bank rescue program. Over 50 (and counting)... This is a content summary only. Visit my website for full links, other content, and more!

[edit] Mike Cane 2008: Chronicles Of Depression 2.0: #401: CIT Group

13 November 2008, by Mike Cane NEW YORK (AP) -- CIT Group is applying to the Federal Reserve to become a bank holding company. CIT, a commercial finance company, is also applying to receive funds as part of the government's $700 billion bank rescue program, ...

[edit] Bank Watch: CIT and Fifth Third are up while Citi sinks

13 November 2008, by Stocks wavered earlier Thursday. The Dow fell 39.75 points to 8,242.91, the S&P 500 was down 2.25 points at 850.05, and the Nasdaq was down 18.22 points at 1,480.99. Banks stocks were also mixed...

[edit] Bank Watch: CIT and Fifth Third are up while Citi sinks

13 November 2008, by Stocks wavered earlier Thursday. The Dow fell 39.75 points to 8,242.91, the S&P 500 was down 2.25 points at 850.05, and the Nasdaq was down 18.22 points at 1,480.99. Banks stocks were also mixed as the head of the Senate Banking Committee, Sen. Christopher Dodd, encouraged banks involved in the $700 billion federal bailout to start lending to consumers and businesses....

[edit] Post-Election Stock Massacre

13 November 2008, by The average stock in the S&P 500 is down 18.49% since just last Tuesday. And nearly 40% (195 stocks) of stocks in the index have lost more than a fifth of their values since then. Currently, almost 20% of the index is made up of stocks trading for less than $10 per share, and 28 are trading less than $5 per share. Below we highlight the 25 worst performing stocks since the election. As shown, General Growth Properties (GGP) is down the most since the election, declining by 92%. Genwort

[edit] Treasury Redefines Its Rescue Program

13 November 2008, by Treasury Secretary Henry M. Paulson Jr. announced a series of moves yesterday that redefine the federal government's $700 billion rescue plan for the financial industry in order to tackle what he called a dire situation in the consumer credit markets.

[edit] Treasury Redefines Its Rescue Program

13 November 2008, by Treasury Secretary Henry M. Paulson Jr. announced a series of moves yesterday that redefine the federal government's $700 billion rescue plan for the financial industry in order to tackle what he called a dire situation in the consumer credit markets.

[edit] Website changes for PA on its 140th anniversary

7 November 2008, by To mark its 140th anniversary, the Press Association has ‘completely overhauled its identity in print and online to reflect its position as an innovative, digital, news and information provider,’ a release said. To signify its move from a domestic news agency to a ‘multimedia content business’, all ...

[edit] IT Customer Service - (Ongoing Training provided) (burlingame)

6 November 2008, by

• • Multiple Contract Opportunities with leading Fortune 100 company ** ** 1 Year Contract with potential for full time ** RESPONSIBILITIES: Provide onsite and/or remote technical support to end users (95% via phone and 5% face-to-face). Troubleshoot multiple computer platforms: Macintosh, Windows, and ...

[edit] GE, CIT shares rise on reports of Treasury role (AP)

5 November 2008, by Shares of General Electric Co. and lender CIT Group Inc. traded sharply higher Tuesday after reports that they and other companies with finance units might receive capital investments from the Treasury Department -- an option that's so far been limited to certain banks.

[edit] "Больше трех миллиардов в одни руки не давать!"

5 November 2008, by In focus are companies that provide financing to the broad economy, including bond insurers and specialty finance firms such as General Electric Co.'s GE Capital unit, CIT Group Inc. and others, these people said.

[edit] USRant: Everything Is Just Too Rosy...

4 November 2008, by I t's funny watching professional auto-cue readers - those who call themselves 'financial journalists'. From Faux News to CNBC to Bloomberg , these folks ride every market wiggle like the worst of the nuffnuffs. They desperately search for silver linings during declines, but advances are accorded some ...

[edit] Bulls seize market on Election Day

4 November 2008, by Election Day brought out the bulls on Wall Street as the feeling of uncertainty over the last several weeks turned into confidence, pushing the markets forward dramatically. The Dow surged 305.45, or...

[edit] Bulls seize market on Election Day

4 November 2008, by Election Day brought out the bulls on Wall Street as the feeling of uncertainty over the last several weeks turned into confidence, pushing the markets forward dramatically. The Dow surged 305.45, or 3.28%, to 9.625.28 while the Nasdaq increased 53.79, or 3.12%, to 1,780.12. Financial stocks and most every sector finished in the green as media reports and poll after poll predict that Sen. Barack Obama is a strong favorite over Sen. John McCain for the presidential office....

[edit] Dow +273.75 на 9596.89, Nasdaq +46.95 на 1773.96, S&P +1001.01 на 1001.01

4 November 2008, by В частности, особо было упомянуто финансовое подразделение GE и CIT Group (CIT 5.89, +1.37).

[edit] Option Traders See a Bottom in PMI Group

4 November 2008, by Meanwhile, November VIX puts are active in an election rally - but watch those March calls.

[edit] Treasury weighs purchasing stakes in more firms: report

4 November 2008, by The U.S. Treasury Department is considering using more of its $700 billion rescue fund to buy stakes in a broad range of financial companies, not just banks and insurers, after tentative signs of the program&##x27;s success, the Wall Street Journal said, citing people familiar with the matter. In ...

[edit] Price/Volume Surge: CIT GROUP (CIT)

4 November 2008, by admin Credit Repair|Debt Free Living wrote an interesting post today onHere’s a quick excerpt CIT Group Inc. (NYSE: CIT) is seeing its shares surge as one the top percentage gainers today after the company announced that it has completed a ...

[edit] Price/Volume Surge: CIT GROUP (CIT)

4 November 2008, by CIT Group Inc. (NYSE: CIT) is seeing its shares surge as one the top percentage gainers today after the company announced that it has completed a $500 million financing facility. The credit facility is via Wells Fargo & Co. and it will give CIT access for up to $500 million in secured financing.  This is not an unconditional credit line as you have seen in the past.  The borrowings under this new facility are subject to eligibility, which including Wells Fargo’s approval of all funds used

[edit] Hands-Up If You’re Not on Paulson’s List?

4 November 2008, by With news tonight that Treasury is once again looking at expanding the list of companies in which it takes equity stakes, I have to confess to shaking my head a little. According to the WSJ, Treasury is mulling taking stakes in “bond insurers and specialty finance firms such as General Electric Co.'s ...

[edit] CIT Group (CIT) NewsBite - CIT Rises On New Credit Line

4 November 2008, by unknown Market Intelligence Center News On Symbol(CIT,WFC) On Tuesday, November 04, 2008 11:15 AM.

[edit] Dividend Stocks - The Dividend Daily » Blog Archive » CIT Group ...

3 November 2008, by Dividend.com CIT Group (CIT ) is up nearly 33% today after completing a $500 million financing facility with Wells Fargo & Co.. The company will have access to $500 million in secured financing, that will be used for financing both new and existing ...