Local: Los Angeles, CA  (change)

 | 

Join the Topix community today: 

Sign Up

 | 

Sign In

Advertisment

CIT Group News

News on CIT Group continually updated from thousands of sources around the net.

Thursday Oct 2 | Freshnews

San Francisco--- Anesiva Secures Financing for Up to $30 Million

Anesiva, Inc. , a specialty pharmaceutical company focused on pain management, announced that it has successfully secured a term loan for up to $30 million.

Comment?

Related Topix: Startups, Anesiva, Biotech, San Francisco Metro, Financial Services, Medicine, Health, Pain

Mon Sep 29, 2008

Monitor Daily

CIT Renews $6 Billion in Conduit Facilities

CIT Group has completed the renewal of approximately $6 billion of facilities with multi-seller conduit providers that were scheduled to expire in the third quarter.

Comment?

Related Topix: Financial Services

Sun Sep 28, 2008

Blogging Stocks

Before the bell: Stocks head lower; GS, MS, GE, AXP, GM, WM, AAPL ...

After a volatile, historic week on Wall Street that featured Lehman Brothers going bankrupt, Merrill Lynch being bought and the government bailing out AIG, culminating Sunday when the last large independent ...

Comment?

Related Topix: Home, Mortgage, Personal Finance, American Express, Financial Services, Insurance, Ambac Financial Group, Banking, Washington Mutual

Fri Sep 26, 2008

Oil and Gas Investor

Petro Resources Receives $65MM In Debt Financing To Pay Debt

Petro Resources Corp. , Houston, has received $65 million in debt financing through a $50-million senior secured revolving credit facility and a $15-million second-lien term loan to pay debt, fund its capital ...

Comment?

Related Topix: Financial Services

Thu Sep 25, 2008

Press Release News From 24-7 Press Re...

Pam Scott Inducted into Cambridge Who's Who Executive, Professional and Entrepreneurial Registry

Ms. Scott expertise lies in credit and risk management, strategic growth, hiring, coaching, training, SOX, SBA lending, and commercial real estate sales.

Comment?

Related Topix: Livingston, NJ, Financial Services, Medicine, Health, Diabetes

Wed Sep 24, 2008

Monitor Daily

CIT Energy Provides $65 Million Financing to Petro Resources

CIT Group served as the sole lead arranger in a $65 million financing deal for Petro Resources Corporation, a Houston-based independent oil and natural gas company.

Comment?

Related Topix: Financial Services

Mon Sep 22, 2008

Fox News

SEC Adds Firms to Short-Sale Ban, Tweaks Rules

FOXBusiness The Securities and Exchange Commission revised its order banning short sales on certain financial companies through Oct.

Comment?

Related Topix: Corporate / Securities Law, Law, Securities and Exchange Commission, Financial Markets, Financial Services, Business News

Sun Sep 21, 2008

Seeking Alpha

E*TRADE Financial: It Was Good to Be Long

Friday was a wonderful day to be almost irresponsibly long AIG, E*TRADE Financial Corp.

Comment?

Related Topix: Restaurant Management, Financial Services

Sat Sep 20, 2008

MarketWatch

Stocks to Watch: Stocks in focus for Monday

Among the companies whose shares are expected to see active trade in Monday's session are 3Com, AutoZone, and CarMax.

Comment?

Related Topix: Computers, Apple Computer, Financial Markets, Financial Services, Comerica, American Express

Fri Sep 19, 2008

Calculated Risk

Non-Short List Companies: Me Too! Me Too

Companies omitted include General Electric Co., American Express, Capital One, which all have huge financial-services businesses.

Comment?

Related Topix: Financial Services, Aerospace-Defense, General Electric

Monitor Daily

CIT Gets $500MM From Wells Fargo; Funds $1.4 Billion From CIT Bank

CIT Group has signed a commitment letter with Wells Fargo Bank, N.A. for a new five-year, $500 million secured facility that can be used by CIT to fund middle-market term and revolving loans.

Comment?

Related Topix: Financial Services

Thu Sep 18, 2008

Earth Times

CIT Announces Further Progress in Funding Initiatives

CIT Group Inc. , a leading global commercial finance company, today announced that it had signed a commitment letter with Wells Fargo Bank, N.A. for a new 5 year, $500 million secured facility that can be used ...

Comment?

Related Topix: Financial Services

PR-inside.com

Aurigo Software announces channel expansion into Middle East and...

Through this Aurigo will be able to offer end to end construction ERP solution to its customers in this region.

Comment?

Related Topix: World News, India, Financial Services

Tue Sep 16, 2008

The US Market Blog

Tuesday Options Outlook: AIG, UBS, CIT, GE, DIA, DELL, GGP, TROW

AIG An increasingly morose waiting game on a Fed sponsored rescue for AIG a gesture at odds with the central bank's ethos of late but ostensibly the company's last hope has shares down 37% to $3.00. Implied ...

Comment?

Related Topix: Financial Services, Dell, Banking, Ubs Ag

Mon Sep 15, 2008

New York Sun

Wall Street Woes Endanger Funding for the Arts

The turmoil on Wall Street will affect a wide swath of New York City's cultural institutions, hurting corporate and individual donations at a time when these organizations are facing what one philanthropist ...

Comment?

Related Topix: Financial Services, Merrill Lynch and Co, Investment Services, New York Metro, Investment Banking, Lehman Brothers Holdings

Monitor Daily

CIT Arranges Financing for Southern California Pizza Company

CIT Group served as joint lead arranger for a $29.3 million senior secured credit facility for Southern California Pizza Company, a portfolio company of Sentinel Capital Partners.

Comment?

Related Topix: Financial Services, Investment Services, Yum Brands, Restaurant Management

Fri Sep 12, 2008

Quamnet

Midday Glance: Finance companies

Shares of some top finance companies are down at noon: Bank of America fell $.80 or 2.3 percent, to $33.93. CIT Group fell $.63 or 5.5 percent, to $10.90. Citigroup fell $.83 or 4.1 percent, to $19.49. JPMorgan ...

Comment?

Related Topix: Financial Services

Thu Sep 11, 2008

Monitor Daily

CIT to Keep Railcar Leasing Business

CIT said it has decided to retain its $4.5 billion rail franchise; the company had been shopping the unit throughout the summer.

Comment?

Related Topix: Financial Services

Tue Sep 09, 2008

Market Watch

Lehman, WaMu highlight decliners as financial stocks slip

U.S. financial stocks returned to earth Tuesday morning, dropping about two percent across the board after rallying the previous session on the government takeover of Fannie Mae and Freddie Mac.

Comment?

Related Topix: Investment Banking, Lehman Brothers Holdings, Financial Services, Financial Markets, Investment Services, Banking, Washington Mutual

Mon Sep 08, 2008

Monitor Daily

CIT Will Depend More Heavily on Bank Deposits to Fund Growth

In addition to announcing that it has decided to retain its interest in its rail business, Jeffrey Peek noted during his presentation today, at Lehman Bros.

Comment?

Related Topix: Financial Services

↑ Back to top

More CIT Group News

Archives

Read more articles in the CIT Group News Archives.

For up to the minute news, check out the CIT Group News Wire.

Want to add CIT Group News headlines to your web site? Get the widget here.

RSS icon mobile icon

CIT Group Photos

CIT Group News Editors

RoboBlogger

I edit this news page on Topix when no humans are available to help.

People just like you make CIT Group News on Topix better every day. If you're interested in becoming an editor, apply today!

Edits History | Editor Blog

CIT Group Poll

created by: Bay Hiro | Jul 27, 2008

Click on an option to vote

1,375

votes

  • 50-100 miles?
  • 100-300 miles?
  • 500+ miles?

Los Angeles Jobs

Topix Extras