Articles From: CIT Completes Acquisition of Direct Capital Corporation to Citi Third Quarter 2014 Fixed Income Investor Review


CIT Bank , the U.S. commercial bank subsidiary of CIT Group Inc. (NYSE:CIT), a leading provider of commercial lending and leasing services, announced today that it has completed its acquisition of Portsmouth, New Hampshire-based Direct Capital Corporation , a provider of financing to small and mid-sized businesses.
Sign-up for CIT Completes Acquisition of Direct Capital Corporation investment picks
CIT Group Inc. (NYSE: CIT), a leading provider of commercial lending, leasing and advisory services, today announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per common share on its outstanding common stock – an increase of 50% from its prior quarterly cash dividend.
Sign-up for CIT Declares Quarterly Dividend investment picks
LONDON (MarketWatch) -- CIT Group Inc. (CIT) said Tuesday it plans to purchase IMB Holdco LLC, the parent company of privately owned OneWest Bank, for $3.4 billion in cash and stock.
Sign-up for CIT Group to buy OneWest Bank for $3.4 billion investment picks
CIT Group Inc. (NYSE: CIT), a leading provider of commercial lending, leasing and advisory services, today announced that it intends to increase its quarterly common stock dividend to $0.15 per share beginning in the third quarter of 2014.
Sign-up for CIT Intends to Increase Quarterly Common Stock Dividend to $0.15 Per Share investment picks
CIT Group Inc. (NYSE:CIT), a global leader in transportation finance, today announced from the Farnborough International Air Show that CIT Aerospace has placed an order with Boeing for 10 787-9 Dreamliner aircraft.
Sign-up for CIT Places Order for 10 787-9 Dreamliner Aircraft investment picks
CIT Group Inc .
Sign-up for CIT Provides $27 Million Financing to Virgo Investment Group investment picks
CIT Group Inc. (NYSE:CIT) cit.com , a leading provider of commercial lending and leasing services, today announced that CIT Real Estate Finance provided a $60 million senior secured credit facility to a joint venture between Rockwood Capital and The Muller Company, two real estate investment firms.
Sign-up for CIT Provides $60 Million to Rockwood Capital and The Muller Company investment picks
CIT Group Inc. (NYSE:CIT) cit.com , a leading provider of commercial lending and leasing services, today announced that it served as Joint Lead Arranger in a $65 million senior secured credit facility to support Maxim Partners’ and Falcon Investment Advisors’ acquisition of Laney Directional Drilling, Co., the largest independent Horizontal Directional Drilling (HDD) company in the world.
Sign-up for CIT Provides $65 Million in Financing to Support Maxim-Falcon’s Acquisition of Laney Directional Drilling investment picks
CIT Group Inc. (NYSE:CIT) cit.com , a leading provider of commercial lending and leasing services, today announced that it provided a $25 million senior secured credit facility to the Transilwrap Company, a leading manufacturer, converter and distributor of plastic film used in printing, laminating, packaging and industrial applications, to acquire MetPro Group, an Ireland-based packaging company.
Sign-up for CIT Provides Acquisition Financing to the Transilwrap Company investment picks
CIT Group Inc. (NYSE:CIT) cit.com , a leading provider of commercial lending and leasing services, today announced that it provided a senior secured credit facility to support Rosser Capital Partners’ significant investment in PetPeople, a specialty retail pet supply store that focuses on high quality, natural pet food.
Sign-up for CIT Provides Financing for Rosser Capital Partners’ Significant Investment in PetPeople investment picks
CIT Group Inc. (NYSE:CIT) cit.com , a leading provider of commercial lending and leasing services, today announced that it acted as Administrative Agent, Joint Lead Arranger, and Joint Bookrunner for Credit Facilities supporting Audax Private Equity, a middle market private equity firm, in its acquisition of Wheel Pros, a leading national supplier, marketer and distributor of branded aftermarket wheels for light vehicles.
Sign-up for CIT Provides Financing to Audax Group to Acquire Wheel Pros investment picks
CIT Group Inc. (NYSE:CIT) cit.com , a leading provider of commercial lending, leasing and advisory services, today announced that CIT Real Estate Finance provided a $21.5 million senior secured loan to Normandy Real Estate Partners, a leading real estate operator and fund manager based in Morristown, New Jersey.
Sign-up for CIT Provides Financing to Normandy Real Estate Partners investment picks
CIT Group Inc. (NYSE:CIT), a leading provider of commercial lending and leasing services, today reported net income of $247 million, $1.29 per diluted share, for the second quarter of 2014, compared to net income of $184 million, $0.91 per diluted share, for the year-ago quarter.
Sign-up for CIT Reports Second Quarter 2014 Net Income of $247 Million ($1.29 Per Diluted Share); Income from Continuing Operations of $195 Million ($1.02 Per Diluted Share) investment picks
CIT Group Inc. (NYSE:CIT) cit.com , a leading provider of commercial lending and leasing services, today announced that CIT Real Estate Finance served as Lead Arranger and Administrative Agent in a $140 million senior secured loan to Kushner Companies, a diversified real estate company, and the KABR Group, a real estate investment and management company.
Sign-up for CIT Serves as Lead Arranger and Administrative Agent for $140 Million Financing to Kushner Companies and KABR Group investment picks
CIT Group Inc. (NYSE:CIT) cit.com , a leading provider of commercial lending and leasing services, today announced that it arranged and syndicated a $90 million senior secured credit facility to The Levy Group Inc., a designer, manufacturer, importer, marketer and distributor of men’s and women’s outerwear, dresses, active sportswear and men’s tailored clothing.
Sign-up for CIT Serves as Lead Arranger and Administrative Agent in $90 Million Financing to The Levy Group investment picks
CIT Group Inc. (NYSE:CIT) cit.com , a leading provider of commercial lending, leasing and advisory services, today announced that it arranged a senior secured credit facility to support Levine Leichtman Capital Partners’ acquisition of Syntron Material Handling, LLC, a manufacturer of conveying and vibratory equipment used to load, transport and feed bulk materials.
Sign-up for CIT Serves as Sole Lead Arranger in Levine Leichtman Capital Partners’ Acquisition of Syntron Material Handling investment picks
CIT Group Inc. (NYSE:CIT) (“CIT”), a leading provider of commercial lending and leasing services, today announced that it has entered into a definitive agreement and plan of merger with IMB Holdco LLC, the parent company of OneWest Bank N.A. (“OneWest Bank”), for $3.4 billion in cash and stock.
Sign-up for CIT to Acquire OneWest Bank for $3.4 Billion in Cash and Stock investment picks
CIT Group Inc. (NYSE:CIT), a leading provider of commercial lending, leasing and advisory services, today announced it will issue its financial results for the quarter-ending June 30, 2014, before the market opens on Tuesday, July 22, 2014 and will hold a conference call and audio webcast to discuss the results at 8:00 AM EDT.
Sign-up for CIT to Announce Second Quarter 2014 Financial Results on Tuesday, July 22nd investment picks
CIT Group Inc. (NYSE:CIT) cit.com , a leading provider of commercial lending and leasing services, today announced that John A.
Sign-up for CIT to Present at the Barclays Global Financial Services Conference on September 9, 2014 investment picks
CIT Group Inc. (NYSE:CIT) a leading provider of commercial lending and leasing services, today announced that its Board of Directors approved the repurchase of up to $500 million of common stock through June 30, 2015.
Sign-up for CIT to Repurchase up to $500 Million of Common Stock investment picks
2014/6/25
By Andrew R.
Sign-up for CIT's Thain says regulation no hurdle to doing deals investment picks
SAN FRANCISCO (MarketWatch) -- Ken Griffin, founder of the Citadel hedge fund, believes an eventual merger between 21st Century (NWS) and Time Warner Inc. (TWX) is likely when asked about Time Warner's rejection of 21st Century Fox's overtures.
Sign-up for Citadel's Griffin sees 21st Century-Time Warner deal investment picks
Citi’s Issuer Services business, acting through Citibank, N.A., has been appointed by Australia and New Zealand Banking Group Limited (ANZ) as the successor depositary bank for its sponsored Level 1 American Depositary Receipt (ADR) program.
Sign-up for Citi Appointed Depositary Bank for Australia and New Zealand Banking Group Limited’s ADR Program investment picks
Citi’s Issuer Services business, acting through Citibank, N.A., has been appointed by Korea Electric Power Corporation (“KEPCO”), a Korea-based electric utility company, as the depositary bank for its American Depositary Receipt (ADR) program.
Sign-up for Citi Appointed Depositary Bank for Korea Electric Power Corporation’s ADR Program investment picks
2014/7/29
Citi has received Roll of Honor recognition in six categories in the recently released Global Custodian 2014 OTC Derivatives Prime Brokerage Survey, the most such honors of any prime broker in the Survey.
Sign-up for Citi Honored in 2014 Global Custodian OTC Derivatives Prime Brokerage Survey investment picks
Citi was recognized for its innovation and achievements in the structured products marketplace at the Third Annual North American StructuredRetailProducts.com (SRP) Awards gala, which took place on June 26 in Boston as part of the North American Structured Product Conference.
Sign-up for Citi Recognized by SRP for Innovation and Achievements in Structured Products investment picks
2014/9/15
Citi today released the disclosures required by the rules of the Federal Reserve Board in connection with Citi’s 2014 Mid-Cycle Stress Test.
Sign-up for Citi Releases 2014 Mid-Cycle Stress Test Disclosures investment picks
2014/8/25
From the private beaches of Bali to the hot springs of Santorini, Citi Prestige and Citi ThankYou Premier cardmembers can now transfer an unlimited amount of ThankYou Points to 11 airline and hotel travel loyalty programs.
Sign-up for Citi ThankYou® Points Transfer Takes off with 11 of the Most Elite Hotel and Airline Loyalty Programs investment picks
2014/8/18
Citigroup will issue its third quarter results via press release at approximately 8:00 AM (ET) on Tuesday, October 14, 2014.
Sign-up for Citi Third Quarter 2014 Earnings Review investment picks
2014/8/27
John Gerspach, Chief Financial Officer, and Eric Aboaf, Treasurer, will conduct the Citigroup third quarter 2014 Fixed Income Investor Review at 10:00 AM (ET) on Friday, October 17, 2014.
Sign-up for Citi Third Quarter 2014 Fixed Income Investor Review investment picks
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Articles From: CIT Completes Acquisition of Direct Capital Corporation to Citi Third Quarter 2014 Fixed Income Investor Review
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