|Last Price$46.24||Day Change (%)-0.34%|
|Open Price$46.27||Day Change ($)-0.16|
|Day Range46.06–46.55||52-Week Range43.21–50.23|
As of Thu 5/21/2015 5:22:00 PM | USD
CIT Reports First Quarter 2015 Net Income of $104 Million ($0.59 Per Diluted Share)
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.
Which of these funds has grown up and is ready for your investment?