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CIT Group's 3Q loss widens, restructuring unit

Posted by weblaunches 1319 days ago, popular 1319 days ago (http://www.boston.com)
Category: Economy | Tags: cit economy finance
Financial-services company CIT Group Inc. said Thursday third-quarter losses widened due to significant charges related to the company's vendor-fina[...] read more »
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Bailout Nation - CIT Failure is a Healthy Process

Posted by zscheidt 1043 days ago, popular 1043 days ago (http://zachstocks.com)
Category: Business | Tags: bailout cit economy small business
The CIT failure could lead to difficulty for some small businesses but in the long-run the natural selection process will lead to a healthy economy. read more »
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Moore Capital pours into Equities: China, Financials & Consumer Staples

Posted by HedgeFundTracker 1012 days ago (http://www.hedgetracker.com)
Category: Stocks | Tags: bac cit jpm ko wfc snp pm fxi
Louis Bacon’s Moore Capital Management bought up equities over the 2nd Quarter of 2009 according to the most recent portfolio holdings of the Global [...] read more »
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CIT Group Inc (CIT), Another Bank Fails

Posted by StevePatterson 1046 days ago (http://fastswings.com)
Category: Stocks | Tags: bank failure cit markets cit group
Just when you thought it was safe to buy financials, another back falls into bankruptcy and their stock goes to zero. read more »
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Porter Stansberry predicts the next major company to go bust

Posted by SDW2009 1042 days ago (http://www.thedailycrux.com)
Category: Business | Tags: bankruptcy cit ge
We've become slightly famous for accurately predicting the demise of several iconic America companies, including the original AT&T, GM, Fannie Mae, [...] read more »
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Have Banking Stocks Joined the Rally and What Does it mean for Forex Pairs?

Posted by dodjit 1029 days ago (http://www.dodjit.com)
Category: Business | Tags: banks cit gdp gs stocks
In one of our previous weekly articles we mentioned that despite the recent bullish momentum on the major stock indices, the financial sector, especi[...] read more »
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Video - CIT Gives Bondholders Two Choices: Exchange Offer, or Prepackaged Bankruptcy

Posted by MediaMan 967 days ago (http://marketnewslive.blogspot.com)
Category: Videos | Tags: bankruptcy cit bondholders
Late Thursday night CIT Group (CIT) announced its restructuring plan. Bondholders are being asked to exchange existing debt securities for either pre[...] read more »
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Earnings are Paving a Smooth Road to Recovery, the Dollar Could Fall, GBP/USD Potential Short Term Setup

Posted by dodjit 956 days ago (http://www.dodjit.com)
Category: Business | Tags: cit dollar eur j&j pound
Yesterday’s U.S stock session was all about earnings as some of the largest names posted their reports for the third quarter. The major indices start[...] read more »
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Goldman Sachs vs. Intel

Posted by dodjit 1047 days ago (http://www.dodjit.com)
Category: Business | Tags: cit dollar forex gs intel
The U.S market continued to climb higher yesterday, as additional buyers drove the major indices to a positive close. Apart from economic data, Goldm[...] read more »
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The sun is starting to shine on Wall Street

Posted by dodjit 1047 days ago (http://www.dodjit.com)
Category: Business | Tags: cit dollar intel s&p
Intel encouraged buyers to come back into the market yesterday, sending the indices soaring at the start of the session. Following Goldman Sachs posi[...] read more »
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Market News Live: Video: 07/20 It's CIT's Day

Posted by MediaMan 1042 days ago (http://marketnewslive.blogspot.com)
Category: Business | Tags: cit earnings market
07/20/09 CIT is the big market news, but earnings are far more impoortant in the long run, says trader Ben Willis. read more »
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Video: 07/20 CIT Group Finds a Life-Line

Posted by MediaMan 1042 days ago (http://marketnewslive.blogspot.com)
Category: Business | Tags: cit collapse bondholders
07/20/09 CIT reaches deal with bondholders for $3billion in emergency financing, staving off what could have been the largest financial sector collap[...] read more »
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