Cit Group Inc [Del] (CIT) 32.16 $CIT
CIT Bank Provides $100,000 Grant to COR Community Development Corporation
BusinessWire - Mon Jun 13, 7:30AM CDT
--Participants Will Go Through a Rigorous Financial Education Program and Create a Business Plan
CIT: 32.16 (-0.56)
New Strong Sell Stocks for June 9th
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 8:03AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Thursday
EXPR: 14.28 (-0.15), HLI: 24.17 (+0.25), WMS: 25.84 (-0.51), GTN: 11.05 (-0.21), CIT: 32.16 (-0.56)
Employment Growth Supports Commercial Real Estate Amid Regulatory Uncertainty
BusinessWire - Wed Jun 08, 7:30AM CDT
--Commercial Real Estate Market Prepares for New Regulations
CIT: 32.16 (-0.56)
CIT Group Ratings Upgraded by Moody's, Outlook Stable
Zacks Equity Research - Zacks Investment Research - Mon Jun 06, 7:14AM CDT
Moody's upgraded the senior unsecured rating of CIT Group (CIT) from B1 to Ba3.
EEFT: 77.73 (-0.83), CIT: 32.16 (-0.56), AMTG: 13.50 (-0.10), MCO: 98.32 (-1.12)
Watch for CIT Group to Potentially Rebound After Falling 1.46% Yesterday
Comtex SmarTrend(R) - Wed Jun 01, 3:08PM CDT
CIT Group (NYSE:CIT) traded in a range yesterday that spanned from a low of $32.87 to a high of $33.99. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $33.44 on volume of 953,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CIT: 32.16 (-0.56)
CIT Group Aircraft Leasing Unit Draws Bids from China, Japan
Zacks Equity Research - Zacks Investment Research - Tue May 31, 8:34AM CDT
CIT Group (CIT) is said to be considering spin-off or sale of its aircraft leasing unit by the end of this year in order to simplify operations and focus more on domestic banking.
EEFT: 77.73 (-0.83), CIT: 32.16 (-0.56), AMTG: 13.50 (-0.10)
New Strong Sell Stocks for May 31st
Swarup Gupta - Zacks Investment Research - Tue May 31, 8:27AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Tuesday
ABAX: 45.54 (+0.01), ASB: 17.83 (-0.22), AHT: 5.19 (-0.03), CIT: 32.16 (-0.56), MATX: 33.31 (+0.03)
CIT Provides $35 Million Financing for the Bascom Group and Oaktree
BusinessWire - Thu May 26, 7:30AM CDT
CIT Group Inc. (NYSE:CIT), cit.com, a leading provider of commercial lending and leasing services, today announced that CIT Real Estate Finance provided a $35 million senior secured mortgage loan to a special purpose entity controlled by The Bascom Group ("Bascom"
, an owner/operator of multifamily properties, and funds managed by Oaktree Capital Management, L.P. ("Oaktree", a global investment manager specializing in alternative investments. The proceeds of the facility were used to finance the acquisition of Stone Creek Apartments, a 368-unit apartment complex located in Sacramento, California. Financing was provided by CIT Bank, N.A., the principal bank subsidiary of CIT. Terms of the transaction were not disclosed.
CIT: 32.16 (-0.56)
New Strong Sell Stocks for May 23rd
Swarup Gupta - Zacks Investment Research - Mon May 23, 8:29AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Monday.
AAP: 152.55 (-0.47), ASB: 17.83 (-0.22), CIT: 32.16 (-0.56), BRCD: 8.84 (-0.03), BKE: 25.08 (-0.01)
CIT Serves as Joint Lead Arranger in $65 Million Financing of Blue Wolf Capital Partners' Acquisition of National Home Health Care
BusinessWire - Thu May 19, 7:30AM CDT
--National Home Health Care Is a Home Health Provider That Offers a Range of Personal Care and Skilled Nursing Services
CIT: 32.16 (-0.56)
Private Equity Finds Opportunities in Healthcare as Affordable Care Act Drives Fee for Value Model
BusinessWire - Wed May 18, 7:30AM CDT
--Fee for Value Gains Traction as Affordable Care Act Implementation Continues
CIT: 32.16 (-0.56)
Capital Markets Present Opportunities; Participants Adapting to Lending Guidelines
BusinessWire - Thu May 12, 7:30AM CDT
--Capital Markets are in Uncertain Period; Liquidity is Mixed with Hesitancy
CIT: 32.16 (-0.56)
Commercial Real Estate Executives Show Mixed Optimism for 2016
BusinessWire - Mon May 09, 7:30AM CDT
--52% of Respondents Say Their Market Segment Is Strong or Very Strong
CIT: 32.16 (-0.56)
New Strong Sell Stocks for May 5th
Zacks Equity Research - Zacks Investment Research - Thu May 05, 8:14AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Thursday
BDGE: 29.34 (-0.18), CAI: 7.48 (-0.37), CAR: 32.00 (-0.86), ABIL: 3.55 (+0.16), CIT: 32.16 (-0.56)
CIT Appoints Denise M. Menelly Executive Vice President and Head of Technology and Operations
BusinessWire - Tue May 03, 7:30AM CDT
CIT Group Inc. (NYSE:CIT), cit.com, a leading provider of commercial lending and leasing services, today announced the appointment of Denise M. Menelly (54) as Executive Vice President and Head of Technology and Operations, effective June 29. Raymond Matsumoto, Executive Vice President and Chief Administrative Officer, will serve as the Head of Technology and Operations in the interim. Menelly will serve on the company's Executive Management Committee and report directly to Chief Executive Officer Ellen Alemany.
CIT: 32.16 (-0.56)
CIT Capital Equipment Finance Continues to Grow with Appointment of Industry Leaders
BusinessWire - Mon May 02, 7:30AM CDT
CIT Group Inc. (NYSE:CIT), cit.com, a leading provider of commercial lending and leasing services, today announced that CIT Capital Equipment Finance made several additional appointments designed to further build a best-in-class team focused on creating tailored capital equipment financing solutions for middle market companies.
CIT: 32.16 (-0.56)
CIT Group (CIT) Q1 Earnings Lag on High Costs & Provisions
Zacks Equity Research - Zacks Investment Research - Fri Apr 29, 10:10AM CDT
CIT Group (CIT) reported first-quarter 2016 earnings from continuing operations of 75 cents per share, which fell short of the Zacks Consensus Estimate of 77 cents.
BANX: 17.84 (-0.12), ONDK: 4.93 (-0.18), CIT: 32.16 (-0.56), GFN: 4.15 (+0.01)
CIT misses 1Q profit forecasts
Automated Insights - Thu Apr 28, 7:31AM CDT
NEW YORK (AP) _ CIT Group Inc. (CIT) on Thursday reported first-quarter profit of $146.9 million.
CIT: 32.16 (-0.56)
CIT Reports First Quarter 2016 Net Income of $147 Million ($0.73 Per Diluted Share); Income from Continuing Operations of $152 Million ($0.75 Per Diluted Share)
BusinessWire - Thu Apr 28, 5:30AM CDT
--Grew Commercial Portfolio - Financing and leasing assets in Commercial Banking were up 2% from the prior quarter;
CIT: 32.16 (-0.56)
CIT Bank Provides $100,000 Grant to COR Community Development Corporation
BusinessWire - Mon Jun 13, 7:30AM CDT
--Participants Will Go Through a Rigorous Financial Education Program and Create a Business Plan
CIT: 32.16 (-0.56)
New Strong Sell Stocks for June 9th
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 8:03AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Thursday
EXPR: 14.28 (-0.15), HLI: 24.17 (+0.25), WMS: 25.84 (-0.51), GTN: 11.05 (-0.21), CIT: 32.16 (-0.56)
Employment Growth Supports Commercial Real Estate Amid Regulatory Uncertainty
BusinessWire - Wed Jun 08, 7:30AM CDT
--Commercial Real Estate Market Prepares for New Regulations
CIT: 32.16 (-0.56)
CIT Group Ratings Upgraded by Moody's, Outlook Stable
Zacks Equity Research - Zacks Investment Research - Mon Jun 06, 7:14AM CDT
Moody's upgraded the senior unsecured rating of CIT Group (CIT) from B1 to Ba3.
EEFT: 77.73 (-0.83), CIT: 32.16 (-0.56), AMTG: 13.50 (-0.10), MCO: 98.32 (-1.12)
Watch for CIT Group to Potentially Rebound After Falling 1.46% Yesterday
Comtex SmarTrend(R) - Wed Jun 01, 3:08PM CDT
CIT Group (NYSE:CIT) traded in a range yesterday that spanned from a low of $32.87 to a high of $33.99. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $33.44 on volume of 953,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CIT: 32.16 (-0.56)
CIT Group Aircraft Leasing Unit Draws Bids from China, Japan
Zacks Equity Research - Zacks Investment Research - Tue May 31, 8:34AM CDT
CIT Group (CIT) is said to be considering spin-off or sale of its aircraft leasing unit by the end of this year in order to simplify operations and focus more on domestic banking.
EEFT: 77.73 (-0.83), CIT: 32.16 (-0.56), AMTG: 13.50 (-0.10)
New Strong Sell Stocks for May 31st
Swarup Gupta - Zacks Investment Research - Tue May 31, 8:27AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Tuesday
ABAX: 45.54 (+0.01), ASB: 17.83 (-0.22), AHT: 5.19 (-0.03), CIT: 32.16 (-0.56), MATX: 33.31 (+0.03)
CIT Provides $35 Million Financing for the Bascom Group and Oaktree
BusinessWire - Thu May 26, 7:30AM CDT
CIT Group Inc. (NYSE:CIT), cit.com, a leading provider of commercial lending and leasing services, today announced that CIT Real Estate Finance provided a $35 million senior secured mortgage loan to a special purpose entity controlled by The Bascom Group ("Bascom"
, an owner/operator of multifamily properties, and funds managed by Oaktree Capital Management, L.P. ("Oaktree", a global investment manager specializing in alternative investments. The proceeds of the facility were used to finance the acquisition of Stone Creek Apartments, a 368-unit apartment complex located in Sacramento, California. Financing was provided by CIT Bank, N.A., the principal bank subsidiary of CIT. Terms of the transaction were not disclosed. CIT: 32.16 (-0.56)
New Strong Sell Stocks for May 23rd
Swarup Gupta - Zacks Investment Research - Mon May 23, 8:29AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Monday.
AAP: 152.55 (-0.47), ASB: 17.83 (-0.22), CIT: 32.16 (-0.56), BRCD: 8.84 (-0.03), BKE: 25.08 (-0.01)
CIT Serves as Joint Lead Arranger in $65 Million Financing of Blue Wolf Capital Partners' Acquisition of National Home Health Care
BusinessWire - Thu May 19, 7:30AM CDT
--National Home Health Care Is a Home Health Provider That Offers a Range of Personal Care and Skilled Nursing Services
CIT: 32.16 (-0.56)
Private Equity Finds Opportunities in Healthcare as Affordable Care Act Drives Fee for Value Model
BusinessWire - Wed May 18, 7:30AM CDT
--Fee for Value Gains Traction as Affordable Care Act Implementation Continues
CIT: 32.16 (-0.56)
Capital Markets Present Opportunities; Participants Adapting to Lending Guidelines
BusinessWire - Thu May 12, 7:30AM CDT
--Capital Markets are in Uncertain Period; Liquidity is Mixed with Hesitancy
CIT: 32.16 (-0.56)
Commercial Real Estate Executives Show Mixed Optimism for 2016
BusinessWire - Mon May 09, 7:30AM CDT
--52% of Respondents Say Their Market Segment Is Strong or Very Strong
CIT: 32.16 (-0.56)
New Strong Sell Stocks for May 5th
Zacks Equity Research - Zacks Investment Research - Thu May 05, 8:14AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Thursday
BDGE: 29.34 (-0.18), CAI: 7.48 (-0.37), CAR: 32.00 (-0.86), ABIL: 3.55 (+0.16), CIT: 32.16 (-0.56)
CIT Appoints Denise M. Menelly Executive Vice President and Head of Technology and Operations
BusinessWire - Tue May 03, 7:30AM CDT
CIT Group Inc. (NYSE:CIT), cit.com, a leading provider of commercial lending and leasing services, today announced the appointment of Denise M. Menelly (54) as Executive Vice President and Head of Technology and Operations, effective June 29. Raymond Matsumoto, Executive Vice President and Chief Administrative Officer, will serve as the Head of Technology and Operations in the interim. Menelly will serve on the company's Executive Management Committee and report directly to Chief Executive Officer Ellen Alemany.
CIT: 32.16 (-0.56)
CIT Capital Equipment Finance Continues to Grow with Appointment of Industry Leaders
BusinessWire - Mon May 02, 7:30AM CDT
CIT Group Inc. (NYSE:CIT), cit.com, a leading provider of commercial lending and leasing services, today announced that CIT Capital Equipment Finance made several additional appointments designed to further build a best-in-class team focused on creating tailored capital equipment financing solutions for middle market companies.
CIT: 32.16 (-0.56)
CIT Group (CIT) Q1 Earnings Lag on High Costs & Provisions
Zacks Equity Research - Zacks Investment Research - Fri Apr 29, 10:10AM CDT
CIT Group (CIT) reported first-quarter 2016 earnings from continuing operations of 75 cents per share, which fell short of the Zacks Consensus Estimate of 77 cents.
BANX: 17.84 (-0.12), ONDK: 4.93 (-0.18), CIT: 32.16 (-0.56), GFN: 4.15 (+0.01)
CIT misses 1Q profit forecasts
Automated Insights - Thu Apr 28, 7:31AM CDT
NEW YORK (AP) _ CIT Group Inc. (CIT) on Thursday reported first-quarter profit of $146.9 million.
CIT: 32.16 (-0.56)
CIT Reports First Quarter 2016 Net Income of $147 Million ($0.73 Per Diluted Share); Income from Continuing Operations of $152 Million ($0.75 Per Diluted Share)
BusinessWire - Thu Apr 28, 5:30AM CDT
--Grew Commercial Portfolio - Financing and leasing assets in Commercial Banking were up 2% from the prior quarter;
CIT: 32.16 (-0.56)
