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Entries tagged "CIT"Gordian Group's Kaufman on CIT's reorganizationGordian Group's Peter Kaufman says its unclear if regulators will approve CIT Group's prepackaged bankruptcy reorganization plan, which includes transferring its core businesses to CIT Bank. Oppenheimer's Heinberg on a CIT Group bankruptcyA CIT Group Inc. (NYSE:CIT) bankruptcy would have an impact on middle market lending says Marshall Heinberg, the head of investment banking at Oppenheimer & Co. Roll Call: Big profits for CIT's saviorsA look at some of the must-read news for Wednesday. Deal Stocks: C, BAC, CIT, GE, IBM, GOOG, MSThe Dow gained 32.12 points, or 0.37%, to 8,743.9, while the Nasdaq inched up 1.58 points, or 0.08%, to 1,886.61. CIT crisis may put NHL on thin iceA possible CIT bankruptcy would have a devastating impact on the National Hockey League. Deal Stocks: GOOG, JPM, CIT, HOG, NOK, BACThe markets finished in the green with the Dow closing up 95.61, or 1.11%, to 8,711.82 while the Nasdaq advanced 22.13, or 1.19%, to 1,885.03. Deal Stocks: ABT, CIT, GS, AIGThe Dow finished up 256.72 to 8,616.21 while the Nasdaq closed up 63.17 to 1,862.90. Goldman, J.P. Morgan and Wall St.'s original sinHow did we produce the kind of large, conflicted, high-pay firm that was a prime actor in the recent debacle? What is the origin of Wall Street's sin? Markets flatline as Goldman rolls in the cashThe Dow finished up 27.81, or 0.33%, to 8,359.49, while the Nasdaq closed up 6.52, or 0.36%, to 1,799.73. CIT shares rise as talks intensifyShares of CIT Group are rising as media reports say the company is in more advanced talks with regulators about guaranteeing its bonds before $1 billion in debt come due. Deal Stocks: Logic and fundamentals have been thrown out the windowHas everyone gone mad on Wall Street? Have fundamentals and logic been tossed aside in lieu of panic and fear driven trading? It at least appeared so Friday with a handful of Deal Stocks. ... Scrutiny sought of latest appeal to TreasuryThe Treasury should weigh carefully whether to expand its $700 billion rescue package to include nonbank lenders like GE Capital or CIT Group Inc., say commercial bankers. These types of lenders have asked Treasury to consider capital investments along the lines already in the works for banks and insurers. Nonbank commercial lenders do not collect deposits but do compete with banks for corporate borrowers. ... Top tagsYou have executed a tag search on Dealscape. On the left,you will find a comprehensive list of stories tagged "CIT." Below are the most-popular tags for Dealscape. On the right of the page you will find a search box to dig deeper into our content.
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