News tagged with “cit group inc”. Found:
73 tagged news reports.
Your Search Returned 73 tagged news reports
CIT Group Bankruptcy Plan Wins Wide Support
New York City :: NY :: USA | 4 days ago
Credibility
CIT Group Inc (CIT) has won overwhelming bondholder support for its reorganization plan, a critical step for the big finance company as it tries to emerge from bankruptcy by the end of the year. The New York-based company said it has won "substantially...
Tags: CIT Group Inc, U.S, New York City, Bankruptcy, Bond, CIT Group, Insolvency law, Chapter 11 Title 11 United States Code, Business Finance
Reports on earnings and inner workings of corporations
Zurich :: Switzerland | 6 days ago
Credibility Tuesday, November 17, 2009 at 8:19 p.m. Home Depot Inc. -- the nation's largest home-improvement retailer's third-quarter earnings fell 8.9 percent as the weak housing and renovation markets continued to hurt demand. Cost cuts helped the company top...
Tags: CIT Group Inc., revenue rose, bankruptcy protection, Switzerland, Zurich, Tax evasion, UBS AG, CIT Group, Business Finance
Penn seeks approval to buy Fontainebleau
Fontainebleau :: France | 7 days ago
Credibility Obviously, this is an asset that we believe has some value," Penn National Chairman and Chief Executive Officer Peter Carlino said. "From what has happened in the marketplace, the value is not what it was once reported." Carlino and other Penn National...
Tags: Penn National Gaming, Las Vegas Strip, Fontainebleau Las Vegas, CIT Group Inc., Fontainebleau Vegas, Pennsylvania, buy fontainebleau, France, Fontainebleau, Business Finance, Las Vegas Nevada, Fontainebleau Resort Las Vegas, Fontainebleau Resorts, Clark County Nevada, Paradise Nevada, Pinnacle Entertainment, Debt restructuring, American Casino & Entertainment Properties, Carl Icahn, CIT Group, Lyle Berman, Las Vegas Sands, Penn National Race Course, Hospitality Recreation, Bankruptcy, Insolvency law
CIT Group loses $1.07B in 3rd quarter as operations worsened ahead of bankruptcy filing
New York City :: NY :: USA | 7 days ago
Credibility Commercial lender CIT Group, which recently filed for bankruptcy protection, says it lost $1.07 billion during the third quarter. One of the nation's largest lenders to small and mid-sized businesses, CIT Group filed for bankruptcy protection Nov. 1 as...
Tags: CIT Group Inc., bankruptcy protection, New York City, Debt, Small business, CIT Group, Bailout, Bankruptcy, Business Finance
Bankruptcy trustee in Del. holds private meeting
Wilmington :: NC :: USA | 19 days ago
Credibility Del. — Federal officials began the process of choosing creditor representatives in the Catholic Diocese of Wilmington's Chapter 11 bankruptcy by meeting with diocesan officials behind closed doors Wednesday...Trustee's office, a branch of the Justice...
Asian Markets—CIT Files for Bankruptcy
Tōkyō :: Japan | 21 days ago
Credibility Debt-stricken U.S. lender CIT has filed for bankruptcy. The global financial crisis left the company unable to fund itself, pushing the dollar and Asian financial stocks lower. The bankruptcy of the century-old firm… that lends to small and medium-sized...
Tags: CIT Group Inc
CIT Group files for prepackaged bankruptcy
New York City :: NY :: USA | 22 days ago
Credibility Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information...
Tags: CIT Group Inc., CIT Bank, U.S. Bankruptcy Court, bankruptcy filed, New York, small businesses, lender cit
CIT preparing to file for bankruptcy protection
New York City :: NY :: USA | 23 days ago
Credibility CIT Group , a major lender to small businesses, is preparing to file for Chapter 11 bankruptcy protection as early as this weekend, sources familiar with the matter said Friday, which would likely wipe out the federal government's $2.3 billion stake in...
Tags: CIT Group Inc., CIT Bank, bankruptcy filed, United States, bankruptcy protection, cit filed, sized businesses, group filed
CIT Reaches Agreements to Ease Bankruptcy Filing
New York City :: NY :: USA | 25 days ago
Credibility The CIT Group , the troubled lender, secured several important agreements on Friday as it prepared for what it had said would be an abbreviated bankruptcy filing to lighten its debilitating debt burden. The accords, including one that will reduce a $3...
Tags: CIT Group Inc, Goldman Sachs Group, bankruptcy file, prepackaged bankruptcy, commercial lender
CIT and Icahn agree on restructuring plan
San :: Mali | 25 days ago
Credibility Billionaire investor Carl Icahn, who had challenged CIT Group Inc's restructuring plan, said on Friday he was now backing the company's pre-packaged bankruptcy and would provide an additional $1 billion in credit to the lender. The cash-strapped commercial...
Tags: CIT Group Inc., Carl Icahn, Icahn Capital, investor carl, restructuring plan, billionaire investor, billion loan, billion line
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