CIT Group Inc (CIT)

NYSE: Financial

Add Comment

$41.65

-0.18 | -0.43%

Today's Range: 41.09 - 41.94

CIT Avg. Daily Volume: 1,315,200

02/10/12 - 4:00 PM ET

TRADE NOW

Company Cash Flow

Cash Flow From Operating Activities
	Dec 2010	Dec 2009	Dec 2008
Net Income (Loss)	516.80M	184.30M	-2.80B
Operating Gains/Losses	n.a.	n.a.	n.a.
Extraordinary Gains / Losses	n.a.	n.a.	n.a.
(Increase) Decrease In Receivables	n.a.	n.a.	n.a.
(Increase) Decrease in Inventories	n.a.	n.a.	n.a.
(Increase) Decrease In Other Current Assets	32.80M	24.60M	0.00
(Decrease) Increase In Payables	n.a.	n.a.	n.a.
(Decrease) Increase In Other Current Liabilities	252.30M	1.04B	0.00
(Increase) Decrease In Other Working Capital	n.a.	n.a.	n.a.
Other Non-Cash Items	-314.00M	944.80M	4.01B
Net Cash From Continuing Operations	n.a.	n.a.	n.a.
Net Cash From Discontinued Operations	n.a.	n.a.	n.a.
Cash Provided By Investing Activities
Net Cash From Total Operating Activities	586.50M	2.07B	220.90M
Sale of Property, Plant & Equipment	n.a.	n.a.	n.a.
Cash Used for Investing Activities
Sale of Short-Term Investments	31.13B	35.15B	0.00
Purchases of Property, Plant & Equipment	-1.29B	-3.10B	-2.61B
Acquisitions	0.00	0.00	0.00
Purchases of Short-Term Investments	-19.05B	-27.51B	0.00
Other Cash from Investing Activities	-606.00M	752.40M	2.40B
Cash Provided by Financing Activities
Net Cash From Investing Activities	10.19B	5.29B	-208.30M
Issuance of Debt	3.68B	13.42B	19.08B
Cash Used for Financing Activities
Issuance of Capital Stock	0.00	13.10M	0.00
Repayment of Long-Term Debt	-13.03B	-20.95B	-19.36B
Repurchase of Capital Stock	0.00	0.00	0.00
Payment of Cash Dividends	0.00	-91.30M	-199.90M
Other Financing Charges, Net	-1.18B	2.39B	1.33B
Net Cash From Financing Activities	-10.53B	-5.22B	852.70M
Effect of Exchange Rate Changes	0.00	0.00	0.00
Net Change in Cash & Cash Equivalents	245.00M	2.14B	865.30M

Latest CIT Headlines

More Financial News for CIT

Press Releases for CIT

CIT To Redeem All Of Its Remaining $4 Billion Of Series A Debt - Business Wire
Tom Westdyk, Managing Director Of CIT Communications, Media And Entertainment At CIT Group Inc. (NYSE: CIT) Cit.com, A Leading Provider Of Financing To Small Businesses And Middle Market Companies. (Photo: Business Wire) - Business Wire
CIT Announces Pricing Of $3.25 Billion Of Second-Priority Secured Notes - Business Wire
CIT To Present At The 13th Annual Credit Suisse Financial Services Forum On February 9, 2012 - Business Wire
CIT Announces Private Offering Of Second-Priority Secured Notes - Business Wire
U.S. Energy Executives Bullish On Their Outlook For 2012 - Business Wire
Mike Lorusso, Group Head Of CIT Energy (Photo: Business Wire) - Business Wire
CIT To Reduce High Cost Debt By An Additional $500 Million - Business Wire
Mike Lorusso, Managing Director And Group Head, CIT Energy (Photo: Business Wire) - Business Wire
CIT Bank Online (BankOnCIT.com) - Business Wire

See all press releases.

CIT Ideas

Refresh Stock Quote for CIT Group Inc - CIT

TheStreet Premium Services For Personal Service: 877-471-2967

Compare All Services

Jim Cramer's Action Alerts PLUS:

Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More

ETF Profits:

Get money-making ideas from the hottest investment vehicle on the planet. Our experts show you how to play various ETF sectors to help pump-up your portfolio. Learn More

OptionsProfits:

Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More

Real Money:

Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More

Stocks Under $10:

Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn More

Dow Jones	S&P 500	NASDAQ	10-Year Note
12,801.23	1,342.64	2,903.88	19.69	Oil * 117.67
DOWN 89.23	DOWN 9.31	DOWN 23.35	DOWN 0.78	10 Yr 1.97% SPDR Gold 167.14
-0.69%	-0.69%	-0.80%	-3.81%	Data delayed 20 minutes