Bookmark

Add to MyYahoo RSS

CIT Group News

News on CIT Group (Ticker: CIT) continually updated from thousands of sources around the net.

3 hrs ago | The Florida Times-Union

Mandarin Food Bank seeking votes to win $10,000 donation

Hundreds of needy people lined the lawn in front of the Mandarin Food bank for last year's 23rd annual Thanksgiving giveaway.

Comment?

Related Topix: Financial Services, Life, Charity

10 hrs ago | TheStreet.com

Will This Price Target Decrease Hurt CIT (CIT) Stock Today?

Separately, TheStreet Ratings team rates CIT GROUP INC as a "hold" with a ratings score of C-.

Comment?

Related Topix: Financial Services, Financial Markets

12 hrs ago | AmericanBankingNews.com

CIT Group Given New $48.00 Price Target at Credit Suisse

Credit Suisse's price objective would suggest a potential downside of 0.85% from the stock's previous close.

Comment?

Related Topix: Financial Services, Stanley

Wed Aug 20, 2014

Hispanic Business

CIT Provides Financing to Audax Group to Acquire Wheel Pros

Financing was provided by , the U.S. commercial bank subsidiary of CIT. Terms of the transaction were not disclosed.

Comment?

Related Topix: Financial Services

Tue Aug 19, 2014

Fibre2Fashion

Apparel marketer Levy Group secures $90mn credit facility

Headquartered in New York and currently managed by the third generation Levy family, The Levy Group Inc. a manufacturer and distributor of men's and women's apparel has secured a $90 million senior secured credit facility.

Comment?

Related Topix: Financial Services

Mon Aug 18, 2014

Crain's New York Business

Bankers may be ready to believe in themselves again

Wall Street is starting to build itself back up for the first time in years, as the robust stock market and economic recovery lure bankers from their bunkers.

Comment?

Related Topix: Financial Services, Merrill Lynch and Co, Investment Services, Evercore Partners, Law, Employment / Labor Law, New York

Hispanic Business

CIT Serves as Lead Arranger and Administrative Agent in $90 Million Financing to The Levy Group

CIT Commercial Services served as sole Lead Arranger, Bookrunner and Syndication Agent for the transaction.

Comment?

Related Topix: Financial Services

Wed Aug 13, 2014

Ward 2 News Burlington

Help Food for Life win $10,000 grant

Food for Life is participating in a unique fund raising contest run by CIT, a global financial services company.

Comment?

Related Topix: Financial Services, Life, Charity

Sys-Con Media

Ygrene Raises $30 Million, Appoints Former Citibank and CIT Executive As Chief Operating Officer

Ygrene will use the funds to grow its channel contractor network, further expand its national footprint, and accelerate market awareness for PACE financing.

Comment?

Related Topix: Financial Services, Alternative Energy, Renewable Energy (Green Energy), Energy, Home, Mortgage, Personal Finance

Hispanic Business

CIT Provides Acquisition Financing to the Transilwrap Company

Terms of the transaction were not disclosed. 'This is the first acquisition for the company since CIT arranged a further diversifies Transilwrap's portfolio by expanding its geographic footprint, product portfolio and end-market presence.

Comment?

Related Topix: Financial Services

Mon Aug 11, 2014

Hispanic Business

Factoring Provides Flexibility and Expertise to the Apparel Sector

The Great Recession changed the face of the banking and finance worlds for many businesses in the apparel sector.

Comment?

Related Topix: Financial Services, Apparel, Internet, Science / Technology

Wed Aug 06, 2014

San Diego Source

CIT provides $60M to renovate Torrey Pines Court

CIT Group Inc. Wednesday announced that CIT Real Estate Finance provided a $60 million senior secured credit facility to a joint venture between Rockwood Capital and The Muller Company to refinance existing debt and fund the renovations of Torrey Pines Court.

Comment?

Related Topix: Financial Services

San Diego Source

CIT provides $60M to renovate Torrey Pines Court

CIT Group Inc. , a provider of commercial lending and leasing services, Wednesday announced that CIT Real Estate Finance provided a $60 million senior secured credit facility to a joint venture between Rockwood Capital and The Muller Company , two real estate investment firms, to refinance existing debt and fund the renovations of Torrey Pines ... (more)

Comment?

Related Topix: Financial Services

MyBankTracker

How the CIT-OneWest Bank Merger Could Affect You

Simon Zhen is an analyst, staff writer and columnist for MyBankTracker.com. His columns draw focus to all aspects of personal finance and to bank rates, products, and services.

Comment?

Related Topix: Financial Services

Tue Aug 05, 2014

Hispanic Business

Private Equity Continues to See Healthcare Sector as an Attractive Investment

Even in the midst of significant changes, in large part due to the Affordable Care Act, private equity firms continue to seek out deals in the healthcare sector.

Comment?

Related Topix: Financial Services

Mon Aug 04, 2014

Business Wire

CIT Completes Acquisition of Direct Capital Corporation

"We are very pleased to complete this acquisition as it will further expand our small business and middle market lending and leasing capabilities," said Nelson J. Chai , President of CIT Group Inc., Chairman and CEO of CIT Bank.

Comment?

Related Topix: Financial Services, Portsmouth, NH, Small Business, Personal Finance

Fri Aug 01, 2014

AmericanBankingNews.com

SunTrust Increases CIT Group Price Target to $54.00

SunTrust's target price suggests a potential upside of 10.77% from the company's current price.

Comment?

Related Topix: Financial Services, Stanley

Wed Jul 30, 2014

Seeking Alpha

CIT Group Expands And Lowers Cost Of Capital

CIT Group recently announced the purchase of OneWest, which doubles CIT's commercial bank to $28 billion in deposits and $67 billion in assets.

Comment?

Related Topix: Financial Services, Economics News, Bankruptcy, Mortgage, Personal Finance, Goldman Sachs, Investment Services, Cohen Group, Consulting, Merrill Lynch and Co

Hispanic Business

CIT Provides $27 Million Financing to Virgo Investment Group

Terms of the transaction were not disclosed. 'We are pleased to establish this new relationship with , said, 'Our aviation strategy focuses on opportunistic situations for mid-life aircraft where we can maximize exit optionality and optimize risk-adjusted returns.

Comment?

Related Topix: Financial Services, Commercial Aircraft, Boeing Aircraft, Boeing 737, Aircraft

Tue Jul 29, 2014

MyBankTracker

Will CIT-OneWest Merger Deliver More Bank for Your Buck?

As last week's proposed acquisition of OneWest Bank by CIT Group illustrates, merger and acquisition activity in the banking sector is on a tear, no matter how you parse the numbers.

Comment?

Related Topix: Financial Services, Banking, JP Morgan Chase

•••
•••
•••
•••
•••

Ashburn Jobs

•••
•••
•••
•••