Rochester, NY 8/28/2009 9:44:58 AM
CIT Group, Inc. CIT, Trend up 22.83% at the end of the market day
CIT Group, Inc.
CIT Group Inc. operates as the holding company for CIT bank released their stocks at 1.27 and began to climb up, at the end of the day they reach the last trade at 1.56 gaining 157,575,813 volume shares.
CIT Group Inc. operates as the holding company for CIT bank that provides commercial financing and leasing products, and management advisory services to the small and middle market companies worldwide.
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Last Trade: 1.56
Day's Range: 1.23 - 1.57
52wk Range: 0.31 - 13.00
Change: Up 0.29 (22.83%)
Volume: 157,575,813
Avg Vol (3m): 76,049,900
About CIT Group Inc.
CIT Group Inc. operates as the holding company for CIT bank that provides commercial financing and leasing products, and management advisory services to the small and middle market companies worldwide. Its products principally include asset based loans; secured lines of credit; operating, capital, and leveraged leases; vendor finance programs; import and export financing; debtor-in-possession/turnaround financing; acquisition and expansion financing; letters of credit/trade acceptances structuring; and small business loans. The companys services primarily comprise financial risk management; asset management and servicing; merger and acquisition advisory services; debt restructuring; credit protection; accounts receivable collection; debt underwriting and syndication; capital markets; and insurance services for small businesses and middle market customers. It serves clients in various industries, including transportation, particularly aerospace and rail, manufacturing, wholesaling, retailing, healthcare, communications, media and entertainment, and various service-related industries. The company was founded in 1908 and is headquartered in New York, New York.
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