Cit Group Inc [Del] (CIT) 33.72 $CIT
CIT Provides $23 Million Financing to Lighthouse eDiscovery
BusinessWire - Wed Aug 03, 7:30AM CDT
--Lighthouse Is a Portfolio Company of Spire Capital, a New York-Based Private Equity Firm
CIT: 33.72 (-0.10)
Credit Services Stocks Under Scanner -- Capital One Financial, CIT Group, Equifax, and Fifth Street Finance
PR Newswire - Tue Aug 02, 8:47AM CDT
Consumers nowadays are shifting to more convenient ways to pay for products and services, and this include the use of credit cards. However, rapid advancements in technology pose security threats, thus influencing spending trends. Today, Stock-Callers.com shifts investors' focus on four Credit Services equities: Capital One Financial Corp. (NYSE: COF), CIT Group Inc. (NYSE: CIT), Equifax Inc. (NYSE: EFX), and Fifth Street Finance Corp. (NASDAQ: FSC). You can access of our complimentary research reports on these stocks now at:
COF: 66.20 (-0.35), FSC: 5.48 (-0.07), EFX: 131.28 (+0.91), CIT: 33.72 (-0.10)
CIT Group (CIT) Beats Q2 Earnings & Revenue Estimates
Zacks Equity Research - Zacks Investment Research - Fri Jul 29, 7:43AM CDT
CIT Group's (CIT) better-than-expected results were primarily driven by higher revenues, due to a rise in both net interest revenue as well as non-interest income.
BANX: 19.06 (+0.31), ONDK: 5.21 (+0.13), CIT: 33.72 (-0.10), GFN: 4.32 (-0.05)
CIT Reports Second Quarter 2016 Net Income of $14 Million ($0.07 Per Diluted Share); Income from Continuing Operations of $181 Million ($0.90 Per Diluted Share)
BusinessWire - Thu Jul 28, 5:30AM CDT
--Stable Core Operating Trends - Pre-tax income from continuing operations improved over $70 million from the prior quarter resulting from a lower credit provision; Non-accrual loans fell by 4%;
CIT: 33.72 (-0.10)
CIT Provides $34 Million of Senior Secured Credit Facilities to The Sun Valley Group
BusinessWire - Thu Jul 14, 7:30AM CDT
--Facilities Will Be Used for Working Capital and Recapitalization
CIT: 33.72 (-0.10)
CIT Announces Expanded, Full-Market Coverage for Restaurant Franchise Finance
BusinessWire - Wed Jun 15, 7:30AM CDT
--Matthew Goyette Named Vice President of Mid-Cap Restaurant Franchise Finance
CIT: 33.72 (-0.10)
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: 33.72 (-0.10)
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: 14.48 (+0.12), HLI: 24.28 (+0.23), WMS: 26.64 (-0.23), GTN: 11.10 (+1.10), CIT: 33.72 (-0.10)
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: 33.72 (-0.10)
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: 76.99 (+1.47), CIT: 33.72 (-0.10), AMTG: 13.62 (unch), MCO: 103.91 (-0.68)
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: 33.72 (-0.10)
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: 76.99 (+1.47), CIT: 33.72 (-0.10), AMTG: 13.62 (unch)
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: 49.04 (-0.34), ASB: 18.69 (+0.08), AHT: 5.68 (-0.06), CIT: 33.72 (-0.10), MATX: 35.87 (-0.02)
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: 33.72 (-0.10)
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: 170.18 (+1.53), ASB: 18.69 (+0.08), CIT: 33.72 (-0.10), BRCD: 9.26 (+0.03), BKE: 24.99 (-1.47)
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: 33.72 (-0.10)
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: 33.72 (-0.10)
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: 33.72 (-0.10)
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: 33.72 (-0.10)
CIT Provides $23 Million Financing to Lighthouse eDiscovery
BusinessWire - Wed Aug 03, 7:30AM CDT
--Lighthouse Is a Portfolio Company of Spire Capital, a New York-Based Private Equity Firm
CIT: 33.72 (-0.10)
Credit Services Stocks Under Scanner -- Capital One Financial, CIT Group, Equifax, and Fifth Street Finance
PR Newswire - Tue Aug 02, 8:47AM CDT
Consumers nowadays are shifting to more convenient ways to pay for products and services, and this include the use of credit cards. However, rapid advancements in technology pose security threats, thus influencing spending trends. Today, Stock-Callers.com shifts investors' focus on four Credit Services equities: Capital One Financial Corp. (NYSE: COF), CIT Group Inc. (NYSE: CIT), Equifax Inc. (NYSE: EFX), and Fifth Street Finance Corp. (NASDAQ: FSC). You can access of our complimentary research reports on these stocks now at:
COF: 66.20 (-0.35), FSC: 5.48 (-0.07), EFX: 131.28 (+0.91), CIT: 33.72 (-0.10)
CIT Group (CIT) Beats Q2 Earnings & Revenue Estimates
Zacks Equity Research - Zacks Investment Research - Fri Jul 29, 7:43AM CDT
CIT Group's (CIT) better-than-expected results were primarily driven by higher revenues, due to a rise in both net interest revenue as well as non-interest income.
BANX: 19.06 (+0.31), ONDK: 5.21 (+0.13), CIT: 33.72 (-0.10), GFN: 4.32 (-0.05)
CIT Reports Second Quarter 2016 Net Income of $14 Million ($0.07 Per Diluted Share); Income from Continuing Operations of $181 Million ($0.90 Per Diluted Share)
BusinessWire - Thu Jul 28, 5:30AM CDT
--Stable Core Operating Trends - Pre-tax income from continuing operations improved over $70 million from the prior quarter resulting from a lower credit provision; Non-accrual loans fell by 4%;
CIT: 33.72 (-0.10)
CIT Provides $34 Million of Senior Secured Credit Facilities to The Sun Valley Group
BusinessWire - Thu Jul 14, 7:30AM CDT
--Facilities Will Be Used for Working Capital and Recapitalization
CIT: 33.72 (-0.10)
CIT Announces Expanded, Full-Market Coverage for Restaurant Franchise Finance
BusinessWire - Wed Jun 15, 7:30AM CDT
--Matthew Goyette Named Vice President of Mid-Cap Restaurant Franchise Finance
CIT: 33.72 (-0.10)
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: 33.72 (-0.10)
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: 14.48 (+0.12), HLI: 24.28 (+0.23), WMS: 26.64 (-0.23), GTN: 11.10 (+1.10), CIT: 33.72 (-0.10)
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: 33.72 (-0.10)
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: 76.99 (+1.47), CIT: 33.72 (-0.10), AMTG: 13.62 (unch), MCO: 103.91 (-0.68)
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: 33.72 (-0.10)
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: 76.99 (+1.47), CIT: 33.72 (-0.10), AMTG: 13.62 (unch)
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: 49.04 (-0.34), ASB: 18.69 (+0.08), AHT: 5.68 (-0.06), CIT: 33.72 (-0.10), MATX: 35.87 (-0.02)
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: 33.72 (-0.10)
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: 170.18 (+1.53), ASB: 18.69 (+0.08), CIT: 33.72 (-0.10), BRCD: 9.26 (+0.03), BKE: 24.99 (-1.47)
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: 33.72 (-0.10)
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: 33.72 (-0.10)
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: 33.72 (-0.10)
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: 33.72 (-0.10)
