|Day Low/High||50.80 / 53.38|
|52 Wk Low/High||35.50 / 56.14|
The Federal Reserve has raised interest rates over the past two years, but the biggest Wall Street banks are holding the line on the rates they pay depositors. As a result the banks have kept the extra income for themselves, benefiting executives, employees and shareholders at the expense of retirees and other ordinary savers.
In the latest look at stocks ordered by largest market capitalization, Russell 3000 component CIT Group Inc was identified as having a larger market cap than the smaller end of the S&P 500, for example Newfield Exploration Co , according to The Online Investor. Market capitalization is an important data point for investors to keep an eye on, for various reasons.
It's not surprising that several investment experts chose stocks from the financial sector when asked for their favorite investment idea for the year ahead.
The most recent short interest data has been released for the 12/15/2017 settlement date, which shows a 1,622,632 share decrease in total short interest for CIT Group Inc , to 6,256,874, a decrease of 20.59% since 11/30/2017. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.
In the latest look at stocks ordered by largest market capitalization, Russell 3000 component CIT Group Inc was identified as having a larger market cap than the smaller end of the S&P 500, for example Stericycle Inc. , according to The Online Investor.
Former Merrill Lynch CEO John Thain and ex-Xerox CEO Ursula Burns are polished representatives of Corporate America's old guard.
Before being appointed to Uber's board of director's former CIT Group CEO John Thain's career has been interesting to say the least.
Report says Travis Kalanick exercises his right to name new directors without consulting the board.
The most recent short interest data has been released for the 08/31/2017 settlement date, which shows a 2,740,695 share decrease in total short interest for CIT Group Inc , to 10,731,082, a decrease of 20.34% since 08/15/2017. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.
The Oracle of Omaha isn't the only investor likely to benefit from Federal Reserve stress-test results, but his gains will be measured in the billions.
Bank On It: Biggest U.S. Lenders Pass Fed's Stress Tests
U.S. stock futures turn lower on Friday, European stocks fal and Asian shares finish the session mixed as investors digest an assortment of global data and oil prices stabilize.
Morgan Stanley, Goldman Sachs and State Street clear thresholds - but barely
The second piece of the annual reviews determines how much banks can spend on dividends and stock buybacks.
Banks that find themselves on the cusp of certain regulatory thresholds could be big winners under the Trump Treasury Department.
The central bank governor said he was "stunned" during his first months at the Fed, adding that regulators shouldn't detach stress tests from limits on stock buybacks and dividends.
Levi & Korsinsky announces it has commenced an investigation of CIT Group Inc.
Democrats used up a large part of about seven hours of debate raising concerns about the ex-Goldman Sachs banker's hedge fund and views on tax reform and the post-crisis Dodd-Frank.
GOP lawmakers used parliamentary procedures to bypass a Democratic boycott and approve President Trump's Treasury Secretary and Health Secretary picks, setting the stage for a vote of the full Senate.
As protesters agitated outside a hearing room, Democratic Senators boycotted what was supposed to be a confirmation vote to consider President Trump's Treasury Secretary and Health Secretary pick.
HNA, the Chinese-airline-turned-conglomerate, is pursuing more acquisitions of money-management companies after buying Anthony Scaramucci's fund of hedge funds, SkyBridge Capital, according to people with knowledge of the matter.
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in CIT Group, Inc. , where a total of 5,962 contracts have traded so far, representing approximately 596,200 underlying shares.
Steven Mnuchin waded into an unexpectedly murky swamp on Thursday: answering for undisclosed interests and millions of dollars in assets.
Investors nearing or in retirement often use dividends as a source of income. Here's why dividend growth is more important than just a high yield.
Dismantling of the merger may have more to do with an activist hedge fund's agitation than regulatory concerns. Expect the Fed to OK mid-sized bank deals in the coming months
The combination had been under review by the central bank since October 2015, but analysts suggest the merger's failure does not mean the Fed is opposed to consolidation in banking.
CIT Group Inc. (NYSE:CIT), cit.
CIT Group Inc. (NYSE:CIT), cit.
CIT Group Inc. (NYSE:CIT) (the "Company"), www.
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