CIT Group Inc (NYSE:CIT) will hold a conference call on Thursday, April 17 at 9:00 am to discuss the first quarter earnings for 2008. Interested parties may listen to the call by visiting the Investor Relations section of the company’s website, citi.com. Participants are encouraged to sign in 10 minutes before the presentation to allow ample time to download and install any necessary software.
CIT Group Inc. (CIT) is a global commercial finance company that provides financing and leasing products and services to clients in a variety of industries worldwide. It serves customers in over 30 industries and 50 countries. CIT’s principal product offerings include asset-based loans, secured lines of credit, leases, vendor finance programs, import and export financing, debtor-in-possession/turnaround financing, acquisition and expansion financing, student loans, and letters of credit/trade acceptances. Its services include financial risk management, asset management and servicing, merger and acquisition advisory services, debt restructuring, credit protection, accounts receivable collection, insurance and capital markets structuring. It has six business segments: Corporate Finance Group, Transportation Finance, Trade Finance, Vendor Finance, Consumer and Home Lending. CIT previously offered mortgage loans to consumers. It closed the home lending origination platform in August 2007.
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