Rochester, NY 8/31/2009 9:09:57 PM
CIT Group, Inc. CIT, Morning news update Down 6.55%
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, volume share is at 14,286,927 lower from the average volume 78,756,300 under 3 month. They opened their stock at 1.54 hit trade 1.57.
CIT Group Inc. (CIT) is a bank holding company, which provides commercial financing and leasing products, and management advisory services to clients in a variety of industries. CIT bank is its primary bank subsidiary.
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Last Trade: 1.57
Day's Range: 1.48 - 1.58
52wk Range: 0.31 - 13.00
Change: Down 0.11 (6.55%)
Volume: 14,286,927
Avg Vol (3m): 78,756,300
About CIT Group Inc.
CIT Group Inc. (CIT) is a bank holding company, which provides commercial financing and leasing products, and management advisory services to clients in a variety of industries. CIT bank is its primary bank subsidiary. It serves clients in a variety of industries, including transportation, aerospace and rail, manufacturing, wholesaling, retailing, healthcare, communications, media and entertainment, and various service-related industries. The Company’s products include asset-based loans, secured lines of credit, leases (operating, finance and leveraged), 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 Company operates through five business segments: Corporate Finance, Transportation Finance, Trade Finance, Vendor Finance and Consumer.
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