Rumors swirl around CIT Group, IndyMac
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Friday, 01 October 2010
Rumors swirl around CIT Group, IndyMac
The New York Post reported Tuesday morning that hedge-fund operator John Paulson of Paulson & Co. was orchestrating a move to merge CIT Group with the remains of IndyMac Federal Bank
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CIT’s Thain Tells Analysts Sale Isn’t Goal, KBW Says
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Saturday, 31 July 2010
CIT’s Thain Tells Analysts Sale Isn’t Goal, KBW Says
John A. Thain, the former Merrill Lynch & Co. executive leading a turnaround of CIT Group Inc., told analysts he didn?t take the job to wind down the company, according to KBW Inc.
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CIT Beats Estimates, Thain Plans to Refinance Debt
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Tuesday, 27 July 2010
CIT Beats Estimates, Thain Plans to Refinance Debt
CIT Group Inc., the commercial lender run by Chief Executive Officer John A. Thain, posted its second straight quarterly profit since emerging from bankruptcy and said the firm will repay or refinance $4 billion of debt.
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CIT Profit Beats Estimates, Aided by Asset Sales
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Tuesday, 27 July 2010
CIT Profit Beats Estimates, Aided by Asset Sales
CIT Group Inc., the commercial lender run by Chief Executive Officer John A. Thain, posted its second quarterly profit since emerging from bankruptcy and beat analysts? estimates as the firm sold assets to repay debt.
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Lenovo, CIT agree to create financing program
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Thursday, 06 May 2010
Lenovo, CIT agree to create financing program
Lenovo, the China-owned PC maker with headquarters in Morrisville, announced Monday that it has signed a letter of intent with the CIT Group to create the Lenovo Financial Services program. (CIT)
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CIT Posts Profit in First Post-Bankruptcy Quarter (Update3)
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Stocks and Options
Tuesday, 27 April 2010
CIT Posts Profit in First Post-Bankruptcy Quarter (Update3)
CIT Group Inc., the commercial lender run by John A. Thain, posted a surprise profit in its first full quarter since emerging from bankruptcy
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Analyst Calls: CIT, CRS, DLM, DRIV, HP, NVO, OXGN, SAI, WLP ...
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Mutual Funds and ETFs
Monday, 29 March 2010
Analyst Calls: CIT, CRS, DLM, DRIV, HP, NVO, OXGN, SAI, WLP ...
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Analyst InitiationsAnalyst UpgradesFBR Capital upgraded Digital River (DRIV) to outperform from market perform on expectations the company's business activity is improving. The firm raised its price target for shares to $36 from $25.Cowen upgraded Carpenter Technology (CRS) to outperform from neutral, citing expectations for a restocking turnaround for the upgrade.Och-Ziff Capital (OZM) was upgraded to outperform from market perform at William Blair.Wellpoint (WLP) was upgraded to outperform from market perform at BMO Capital.Kohlberg Capital (KCAP) was upgraded to hold from sell at Stifel Nicolaus.Continue reading Analyst Calls: CIT, CRS, DLM, DRIV, HP, NVO, OXGN, SAI, WLP ...Analyst Calls: CIT, CRS, DLM, DRIV, HP, NVO, OXGN, SAI, WLP ... originally appeared on BloggingStocks on Wed, 31 Mar 2010 11:00:00 EST. Please see our terms for use of feeds.Permalink | Email this | Comments
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CIT Chief Thain Plans to Keep Aircraft Finance Unit (Update2)
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Friday, 19 March 2010
CIT Chief Thain Plans to Keep Aircraft Finance Unit (Update2)
CIT Group Inc., the commercial lender being restructured by Chief Executive Officer John A. Thain, will retain its aircraft finance unit during the coming round of asset sales, an executive told an industry gathering
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CIT Net Worth 16% Above Stock as Thain Plots Recovery (Update4)
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Stocks and Options
Tuesday, 09 March 2010
CIT Net Worth 16% Above Stock as Thain Plots Recovery (Update4)
CIT Group Inc., the commercial lender that hired John Thain to lead the company after bankruptcy, told investors its book value increased to $41.99 a share, more than forecast and 16 percent above its stock price. The shares rose to the highest since CIT's reorganization
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