Articles Referencing CIT

Bruce Berkowitz Pulls Plug on CIT - Sold Out 16 Million Shares

4/30/2013, 10:46 am from GuruFocus in Investing

"Bullish on America" investor phenom Bruce Berkowitz once said, "I don't invest in things I can't understand." Clearly, he doesn't understand CIT Group Inc. any... Read >>

CIT Lags on Earnings and Revenues - Analyst Blog

4/23/2013, 10:10 am from Zacks.com in Investing, Business, Earnings, Stocks

CIT Group Inc. 's ( CIT ) first-quarter 2013 earnings of 81 cents per share came in marginally below the Zacks Consensus Estimate of 89 cents. However, this is significantly better than the... Read >>

CIT Group Reiterated at Neutral - Analyst Blog

3/19/2013, 2:46 pm from Zacks.com in Investing, Business, Stocks

On Mar 18, 2013, we reaffirmed our long-term recommendation on CIT Group Inc. ( CIT ) at Neutral. This reflects the company's fourth-quarter results, which significantly outshined the Zacks... Read >>

Moody's Corp Upgraded to Outperform - Analyst Blog

3/15/2013, 11:44 am from Zacks.com in Investing, Business, Stocks

On March 11, we upgraded Moody's Corp ( MCO ) to 'Outperform' based on its strong results in the fourth quarter of fiscal 2012. The stock also has a Zacks Rank #1 (Strong Buy). Why the... Read >>

Euronet Worldwide Beats, Lags Y/Y - Analyst Blog

2/14/2013, 3:32 pm from Zacks.com in Investing, Business, Stocks

Euronet Worldwide Inc. ( EEFT ) reported fourth-quarter adjusted earnings of 44 cents per share, beating the Zacks Consensus Estimate of 42 cents but lagging the year-ago quarter's earnings... Read >>

Fairholme's Bruce Berkowitz Announces New Holding Sears Canada and Increase to Leucadia

2/1/2013, 5:43 pm from GuruFocus in Investing

Famed mutual fund manager Bruce Berkowitz seems satisfied with his Fairholme Fund ( FAIRX )'s positioning - he made few adjustments in the fourth quarter. He made headlines in 2009 and... Read >>

CIT's EPS Beats, Revenues Jump - Analyst Blog

1/29/2013, 2:44 pm from Zacks.com in Investing, Business, Stocks

CIT Group Inc. 's ( CIT ) fourth-quarter earnings of $1.03 per share significantly exceeded the Zacks Consensus Estimate of 65 cents. This is also substantially ahead of the prior-year... Read >>

Is the Party Over for Junk Bonds? - Analyst Blog

1/21/2013, 2:14 pm from Zacks.com in Investing, Business, Stocks

High-risk high-yield bonds a.k.a. speculative bonds or junk bonds are those rated below BBB- by Standard & Poor's rating agency. The default rate for junk bonds has been low at about... Read >>

After Hours Most Active for Dec 26, 2012 : F, C, CIT, BAC, DTV, QQQ, MSFT, UAL, VOD, XOM, GPOR, NTAP

12/26/2012, 4:44 pm from NASDAQ.com News in News Headlines, After Hours Most Active

The NASDAQ 100 After Hours Indicator is down -.44 to 2,636.74. The total After hours volume is currently 13,221,589 shares traded. The following are the most active stocks for the after... Read >>

Bruce Berkowitz Adds to Wells Fargo, Reduces CIT Group and Jefferies Group

11/16/2012, 11:11 am from GuruFocus in Investing

As of the quarter ending Sept. 30, Bruce Berkowitz , founder of Fairholme Capital Management, has reported three updates to his portfolio, which include an increase in his stake of Wells... Read >>

Bruce Berkowitz Reduces CIT and AIG, Sticks With Other Holdings in Q3

10/29/2012, 6:26 pm from GuruFocus in Investing

Closely watched mutual fund investor Bruce Berkowitz has revealed that he made few changes to his Fairholme Fund in the third quarter. His biggest move was a 27.8% reduction to his CIT... Read >>

Fairholme Fund Buys Orchard Supply, Sells Berkshire Hathaway Inc., Cit Group Inc.

8/7/2012, 10:20 am from GuruFocus in Investing

Fairholme Fund just reported its second quarter portfolio. The fund did not trade much during the second quarter. It added slightly to Orchard Supply, and sold Berkshire Hathaway and CIT... Read >>

Pre-Market Most Active for Aug 1, 2012 : NOK, QQQ, BAC, AMLN, SPF, YOKU, FB, CIT, UCBI, EROC, TUDO, GEN

8/1/2012, 8:39 am from NASDAQ.com News in News Headlines, Pre-market Most Active

The NASDAQ 100 Pre-Market Indicator is up 11.86 to 2,654.39. The total Pre-Market volume is currently 4,786,133 shares traded. The following are the most active stocks for the pre-market... Read >>

Pre-Market Earnings Report for July 30, 2012 : BEN, HCA, CNA, CIT, BWP, ARW, CMP, DBD, CALM, DX, DSPG, IBCP

7/27/2012, 4:06 pm from NASDAQ.com News in News Headlines, Earnings

The following companies are expected to report earnings prior to market open on 07/30/2012. Visit our Earnings Calendar for a full list of expected earnings releases. Franklin Resources, Inc.... Read >>

Challenging Times Behind Bruce Berkowitz? Update

6/20/2012, 6:51 pm from GuruFocus in Investing

After losing over 32% on heavy bets on financials in 2011, Bruce Berkowitz 's Fairholme Fund ( FAIRX ) has rebounded to the top 1% of funds, according to Morningstar. Berkowitz... Read >>