|Last Price$49.14||Day Change (%)0.59%|
|Open Price$48.78||Day Change ($)0.29|
|Day Range48.70–49.22||52-Week Range41.06–52.72|
As of Fri 07/25/2014 03:58 PM EST | USD
Boeing, CIT Group Announce Order for 10 Additional 787-9 Dreamliners
CIT to Acquire OneWest Bank for $3.4 Billion in Cash and Stock
CIT to Repurchase up to $500 Million of Common Stock
Bet on Failed Bank IndyMac Creates Windfall
UPDATE: U.S. stocks: Futures rise ahead of inflation data, Apple
Fitch to Rate CIT Aviation Finance III Ltd.; Presale Issued
William Healy Appointed to Net Element's Board of Directors
We had professor William Black on TechTicker this morning. A former regulator who handled the S&L resolution, Prof. Black remains appalled at how this latest round of bailouts has been handled. Case in point? CIT Group . Once again, the white knight who stepped in to save the company--the U.S. ...
Plus, CIT Group troubles mean big losses for funds, and more.
Alternative methods have some use, but we think discounted cash flow is the most fundamentally sound way to value the conglomerate, as we discuss in the final installment of our 5-part series.