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CIT Group Incorporated

A collection of news and information related to CIT Group Incorporated published by this site and its partners.

Top CIT Group Incorporated Articles see all

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  • Bill Ackman steps down from J.C. Penney board

    Bill Ackman steps down from J.C. Penney board
    Boardroom brawling at J.C. Penney Co. has claimed its latest casualty: activist investor Bill Ackman, who stepped down as a director after publicly voicing concerns about the struggling retailer's chief executive and chairman.
  • J.C. Penney says N.Y. Post report of CIT lending stoppage is untrue

    J.C. Penney Co. said a New York Post article on Wednesday reporting that commercial lender CIT Group Inc. had halted funds to some of its suppliers is untrue. In a statement Thursday, J.C. Penney said that CIT “continues to factor and support...

    Once again, it's good to be Goldman Sachs

     
    The worse it gets for Goldman Sachs, the better it gets for Goldman Sachs. The banking giant???s evil vampire-squid image was further reinforced Monday with the revelation that the firm stands to get a $1-billion payment from tottering lender CIT...