On July 27, 2010, In Business, Business Advice, Business News, Energy, Finance, Media, Retail, Technology, Top Stories, UK Business, US Business, world, By Reuters: Business News
NEW YORK (Reuters) - CIT Group , the commercial lender that last year emerged from bankruptcy, on Tuesday reported a quarterly profit that dwarfed analysts' estimates.
On April 27, 2010, In Business, Business Advice, Business News, Energy, Finance, Media, Retail, Technology, Top Stories, UK Business, US Business, world, By Yahoo! News: Business News
AP - The business lender CIT Group Inc. said Tuesday it turned a profit in its first quarter since emerging from bankruptcy protection.
On March 16, 2010, In Business, Business Advice, Business News, Energy, Finance, Media, Retail, Technology, Top Stories, UK Business, US Business, world, By Reuters: Business News
NEW YORK (Reuters) - CIT Group Inc reported a $1 billion loss in the fourth quarter on Tuesday, excluding one-time items and accounting adjustments, as the recently bankrupt commercial lender was hurt by high borrowing and credit costs.
On March 16, 2010, In Business, Business Advice, Business News, Energy, Finance, Media, Retail, Technology, Top Stories, UK Business, US Business, world, By Yahoo! News: Business News
AP - CIT Group on Tuesday said it lost $1 billion in the fourth quarter, excluding a huge one-time reorganization benefit.
On February 8, 2010, In Business, Business Advice, Business News, Energy, Finance, Media, Retail, Technology, Top Stories, UK Business, US Business, world, By Reuters: Business News
NEW YORK (Reuters) - CIT Group Inc said its new Chief Executive John Thain will get an annual base salary of $6 million, most of which is in stock, and a bonus of up to another $1.5 million, in a nod to compensation practices popularized by the Obama administration's pay czar.
On February 8, 2010, In Business, Business Advice, Business News, Energy, Finance, Media, Retail, Technology, Top Stories, UK Business, US Business, world, By Yahoo! News: Business News
AP - John Thain is getting a second chance.
On February 8, 2010, In Business, Business Advice, Business News, Energy, Finance, Media, Retail, Technology, Top Stories, UK Business, US Business, world, By Reuters: Business News
NEW YORK (Reuters) - CIT Group Inc has hired former Merrill Lynch CEO John Thain as its new chief executive, the commercial lender said late on Sunday, wagering that the well-traveled executive can guide its post-bankruptcy turnaround.
On February 1, 2010, In Business, Business Advice, Business News, Energy, Finance, Media, Retail, Technology, Top Stories, UK Business, US Business, world, By Reuters: Business News
NEW YORK (Reuters) - CIT Group, a commercial lender that recently emerged from bankruptcy, said its president and chief operating officer, Alexander Mason, will step down later this month.
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