CIT Group, Inc.

NYSE: CIT
$53.50
+$2.16 (+4.2%)
Closing Price on January 3, 2022

CIT Articles

It is the weekend and that means a review of last week’s unusual suspects and a review for key stocks in the week ahead.  Technically earnings season gets its first earnings report from a DJIA...
Reuters:   The retirement package for Ken Lewis of Bank of America (BAC) may be as high as $125 million. Reuters:   US car sales plunged in September with Ford (F) up and GM down. Toyota (TM) and...
Reuters:   Ken Lewis will step down as CEO of Bank of America (BAC) Reuters:   Cisco (CSCO) bought Tandbeg  for $3 billion. Reuters:   The IMF raised forecasts for US GDP but warned on its...
The US Department of Energy’s Energy Information Administration has released its weekly status report on crude oil inventories, and once again they are higher, this time by 2.8 million barrels....
CIT Group, Inc. (NYSE: CIT) is back to looking like its shares the paper they are printed on could be less valuable and less useful than toilet paper.  What is surprising is that this is not killing...
Updated throughout the day. Update:  The rapidly falling dollar is causing Asian importers of small cars to lose money on most vehicles and will force European luxury auto companies to raise prices...
Volume Spike Investor is watching some stocks which should move at the open. These include Johnson & Johnson (JNJ) (details), CIT (CIT) (details), Hoku Scientific (HOKU) (details), China-Biotics...
Reuters:   China celebrated 60 years of communist rule as a capitalist economy. Reuters:   The IMF cut global debt write-offs to $3.4 trillion. Reuters:   CIT (CIT) is close to a deal to give...
Shares of CIT (CIT) rallied 32% to $2.20 after The New York Post reported that hedge-fund operator John Paulson of Paulson & Co. was orchestrating a move to merge CIT Group with the remains of...
Updated throughout the day. Update:  Xerox (XRX) may find that IBM (IBM) or HP (HPQ) outbid it for ACS (ACS)  (Barron’s) Update:  Apple (AAPL) may be working on a touchscreen remote for an...
Warren Buffett is positioning Berkshire Hathaway Inc. (NYSE: BRK-A) to profit when the housing and property market returns to more normal levels.  Now, he is teaming up with what many investors...
Reuters:   Sales  growth of Ford (F) and Hyundai topped other car companies. Reuters:   The EU could slow a takeover of Sun (JAVA) by Oracle (ORCL). Reuters:   Home sales and factory orders...
These are this Tuesday’s top day trader and active stock alerts.  We have more detailed data on volume and price analysis with links through to VSInvestor.com on each stock: The Home Depot, Inc....
Reuters:   China’s expansion is leading to charges is it stripping asset from other under-developed countries. Reuters:   UBS (UBS) will reveal the names of 5,000 clients in a deal with US tax...
Reuters:   The Chinese are learning the problem of easy access to credit cards. Reuters:   The US recovery is still slow while France and Germany are rebounding. Reuters:   UBS (UBS) clients in...