Earnings results for CIT Group , Analyst Opinion on CIT Group , Earnings and Valuation of (NYSE:CIT), Stock market Insights & financial analysis, Best stock to invest, Investment Idea, The post , Will stock surge before Earnings results? CIT Group (NYSE:CIT) appeared first on .
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WASHINGTON (dpa-AFX) - First Citizens BancShares Inc. (FCNCA), the parent company of First-Citizens Bank & Trust Co., and CIT Group Inc. (CIT), the parent company of CIT Bank, N.A., jointly announ…
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(RTTNews) - First Citizens BancShares Inc. (FCNCA), the parent company of First-Citizens Bank & Trust Co., and CIT Group Inc. (CIT), the parent company of CIT Bank, N.A., jointly announced Wednesday that the proposal to merge the two companies has received regulatory approval from the Federal Deposit Insurance Corporation or FDIC.
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RALEIGH, N.C. and NEW YORK, July 14, 2021 (GLOBE NEWSWIRE) -- First Citizens BancShares Inc. (NASDAQ: FCNCA) (First Citizens), the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc. (NYSE: CIT) (CIT), the parent company of CIT Bank, N.A., jointly announced that the proposal to merge the two companies has received regulatory approval from the Federal Deposit Insurance Corporation (FDIC).
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https://www.investing.com/news/stock-market-news/cit-group-is-setting-up-for-a-big-move-2548855
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NEW YORK, June 24, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that its Maritime Finance business is providing $42 million in financing for a portfolio of seven dry bulk vessels. Dynamic Bulk Holdings, a leading dry bulk shipping operator, will use the loan to
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NEW YORK, June 22, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $30 million credit facility to an online retailer of luxury accessories. The asset-based financing
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NEW YORK CITY CIT Group Inc. has provided a $33.2 million acquisition loan for an eight-story medical office building located at 902 Quentin Road in Brooklyn. The property was built in 2013 and also features academic space. Tenants include NYU Langone Health and Touro College School of Health Sciences. Occupancy was 100 percent at [] The post CIT Group Provides $33.2M Acquisition Loan for Medical Office Building in Brooklyn appeared first on REBusinessOnline .
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NEW YORK , June 17, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT ) today announced that its Real Estate Finance business provided $42.8 million in financing for the acquisition of a recently built apartment complex in Tampa, Florida . Full story available on Benzinga.com
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NEW YORK , June 15, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT ) today announced that its Healthcare Finance business served as sole lead arranger on a $33.2 million loan to finance the acquisition of a medical office building in Brooklyn, New York . The class A medical office building is located at 902 Quentin Road, Brooklyn . Built in 2013, it features eight stories Full story available on Benzinga.com
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CIT Group Inc (DEL) with ticker code (CIT) have now 5 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The target price ranges between 62 and 50 calculating the mean target price we have 55. Given that the stocks previous close was at 52.9 this would imply there is a potential upside of 4.0%. The 50 day moving average now sits at 52.85 while the 200 day moving average is 46.29. The market cap for the company is $5,079m. Find out more information at: /> [stock_market_widget type="chart" symbol="CIT" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] CIT Group Inc. operates as the holding company for CIT Bank, N.A. that provides banking and related services to commercial and individual customers. The company operates through Commercial Banking and Consumer Banking segments. The Commercial Banking segment provides a range of commercial lending, leasing, and deposit products; loans comprising revolving lines of credit, term loans, unsecured loans, collateral-backed loans, asset-based loans, commercial real estate loans, and cash flow loans; and ancillary services and products, including cash management, capital markets, and advisory services primarily to small and middle market companies.
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To support the launch, KKR and AV AirFinance have agreed to buy a portfolio of aviation loans from CIT Group.
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(RTTNews) - CIT Group Inc. (CIT) Friday announced sale of its aviation loan portfolio to KKR, a global investment firm. This is related to a previously announced agreement for a loan portfolio of nearly $800 million balance across more than 50 loans for about 60 commercial aircraft. CIT said it has transferred the majority of loans and
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Global private equity major KKR has agreed to buy an almost $800m-strong aviation loan portfolio from CIT Group. The post KKR launches aviation lending business with $800m loan portfolio purchase first appeared on AltAssets Private Equity News .
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NEW YORK, June 11, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced it is selling its aviation loan portfolio to KKR. This is related to a previously announced definitive agreement for a portfolio that has a committed loan balance of nearly $800 million across more than 50
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NEW YORK, June 10, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $17.4 million credit facility for Hynes Industries, a provider of custom metal solutions. Based in
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CIT Group Inc (CIT) shares closed today at 1.0% below its 52 week high of $55.51, giving the company a market cap of $5B. The stock is currently up 55.5% year-to-date, up 94.0% over the past 12 months, and up 84.0% over the past five years. This week, the Dow Jones Industrial Average rose 0.1%, and the S&P 500 rose 0.6%. Trading Activity Trading volume this week was 1.6% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.6. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -4.5% The company's stock price performance over the past 12 months beats the peer average by 48.0% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -4.9% lower than the average peer.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
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June 05, 2021 5:00 AM City Developments Limited (CDL) yesterday confirmed it had applied for an initial public offering (IPO) of a real estate investment trust (Reit) with commercial assets in Britain to be listed on the Singapore Exchange''s mainboard.
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SINGAPORE: City Developments said on Friday (Jun 4) it has applied to regulators for a potential listing of its UK commercial properties via a real estate investment trust (REIT) on the Singapore bourse. IFR reported on Thursday that the IPO could be worth up to S$1 billion with a targeted launch
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CITY Developments Limited (CDL) has confirmed an earlier Bloomberg report that it had applied for an initial public offering (IPO) of a Reit with commercial assets located in the UK, to be listed on the mainboard of the Singapore Exchange (SGX).
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June 04, 2021 7:21 AM SINGAPORE (THE BUSINESS TIMES) - City Developments Limited (CDL) has applied for an initial public offering (IPO) of a real estate investment trust (Reit), which could raise some £500 million (S$940 million) on the Singapore Exchange, Bloomberg has reported.
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CITY Developments Limited (CDL) has applied for an initial public offering (IPO) of a real estate investment trust (Reit), which could raise some £500 million (S$940 million) on the Singapore Exchange, Bloomberg has reported.
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CITY Developments Limited (CDL) has applied for an initial public offering of a rest estate investment trust (Reit), which could raise some £500 million (S$940 million) on the Singapore Exchange, Bloomberg has reported.
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CIT Group Inc (DEL) with ticker code (CIT) now have 5 analysts in total covering the stock. The consensus rating is ''Hold''. The target price ranges between 62 and 50 calculating the average target price we see 54.8. Now with the previous closing price of 53.84 this would indicate that there is a potential upside of 1.8%. There is a 50 day moving average of 52.52 and the 200 day moving average is 45.05. The company has a market capitalisation of $5,249m. You can visit the company''s website by visiting: /> [stock_market_widget type="chart" symbol="CIT" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] CIT Group Inc. operates as the holding company for CIT Bank, N.A. that provides banking and related services to commercial and individual customers. The company operates through Commercial Banking and Consumer Banking segments. The Commercial Banking segment provides a range of commercial lending, leasing, and deposit products; loans comprising revolving lines of credit, term loans, unsecured loans, collateral-backed loans, asset-based loans, commercial real estate loans, and cash flow loans; and ancillary services and products, including cash management, capital markets, and advisory services primarily to small and middle market companies.
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NEW YORK, May 27, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as coordinating lead arranger for approximately $200 million in financing for the 149-megawatt Big River solar power project in White County, Illinois. The project
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NEW YORK , May 13, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT ) today announced that its Real Estate Finance business provided $35.7 million in financing for the construction of a new 17-story multifamily development in the Clinton Hill section of Brooklyn . … Full story available on Benzinga.com
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NEW YORK , May 6, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT ) today announced that its Healthcare Finance business served as sole lead arranger on a $17.4 million loan to finance the acquisition of a portfolio of three medical office buildings in Bakersfield, California . … Full story available on Benzinga.com
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NEW YORK , April 14, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT ) today announced that its Healthcare Finance business served as sole lead arranger on a $15.9 million financing for two medical office buildings in Littleton, Colorado . … Full story available on Benzinga.com
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NEW YORK , March 22, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT ) today announced that its Healthcare Finance business served as sole lead arranger on a $39 million loan to finance the Jefferson Health medical office building adjoining the Philadelphia Navy Yard Corporate Center. Full story available on Benzinga.com
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NEW YORK, Feb. 23, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that its Maritime Finance business served as sole lead arranger on a $45 million financing for a portfolio of seven container ships. The financing was arranged on behalf of a fund managed by Mangrove…
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Singapore-listed City Developments Ltd on Monday said it had agreed to acquire an effective 55 percent stake in a Shenzhen technology park in a bid to shore up the liquidity of CDL’s joint venture with Chinese developer Sincere Property Group. … Read More>> The post CDL Acquires Majority Stake in Shenzhen Tech Park to Prop Up Sincere JV appeared first on Mingtiandi .
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NEW YORK, Feb. 18, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that its Real Estate Finance business provided $42.4 million in financing for the construction of the new apartment complex in Nashville, Tennessee, to be known as NOVEL Harpeth Heights by Crescent…
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NEW YORK, Feb. 11, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as a co-lead arranger on a $93.3 million financing for a portfolio of six battery energy storage systems located in Texas. The battery energy storage systems (BESS)…
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NEW YORK, Feb. 10, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that its Middle Market Banking business arranged $10.1 million in financing for construction of a new owner-occupied office building in Fremont, Nebraska. The borrower, WLG Fremont LLC, will use the…
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RALEIGH, N.C. and NEW YORK, Feb. 9, 2021 /PRNewswire/ -- First Citizens BancShares, Inc. (NASDAQ: FCNCA) ("First Citizens"), the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc. (NYSE: CIT) ("CIT"), the parent company of CIT Bank, N.A., jointly announced that, at…
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NEW YORK , Feb. 4, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT ) today announced that its Healthcare Finance business served as sole lead arranger on $16.1 million in financing for the acquisition of a portfolio of dialysis centers. Cypress West Partners acquired the portfolio of six newly constructed built-to-suit … Full story available on Benzinga.com
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City Developments Limited (CDL) has pledged to reach net zero carbon operations for buildings under its direct control by 2030.. Read more at straitstimes.com.
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Singapore real estate company City Developments Limited (CDL) has made a commitment to be carbon neutral by 2030.
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NEW YORK, Feb. 2, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that its Technology, Media and Telecommunications business served as co-lead arranger and joint bookrunner for a $165 million financing on behalf of iEnergizer, a leading technology services and media…
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NEW YORK , Jan. 27, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT ) today announced that its Healthcare Finance business served as sole lead arranger of senior debt financing aggregating $48 million for the acquisition of a portfolio of medical office buildings. The borrower is a joint venture between Kayne Anderson Real Estate and Remedy Medical Properties. The portfolio properties are located in four states and collectively total more than 189,000 square feet. They include: The Bon Secours Medical Office Building in Chesapeake, Virginia . The Locust Grove Medical Center in Locust Grove, Georgia . The Spectrum Medical Office Building in Gilbert, Arizona . The Arizona Spine and Joint Medical Office Building … Full story available on Benzinga.com
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City Developments (CityDev), Sherman Kwek, Global 100, sustainability
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About CIT Bank CIT is an online-only bank headquartered in Pasadena, Calif. Its parent company, CIT Group, is a financial holding company with more than $40 billion in assets that trades on the New York Stock Exchange under the symbol CIT. In its annual rankings by GOBankingRates, CIT was named one of the Best Online Banks…
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NEW YORK, Jan. 15, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced it will issue its fourth quarter 2020 financial results on Tuesday, Jan. 26, 2021. The press release will be issued at 8:00 a.m. ET via PR Newswire and on the CIT News website. An investor presentation,…
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NEW YORK, Jan. 14, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that its Maritime Finance business served as sole lead arranger on a $56 million senior secured financing on behalf of Seamax Container Shipping II LLC. The loan is secured by four containerships operated…
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NEW YORK, Jan. 13, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business led a $69 million financing for a portfolio of solar facilities owned and operated by Strata Solar LLC, a leading integrated solar and storage energy service provider…
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NEW YORK , Jan. 12, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT ) today announced that its Real Estate Finance business provided $42.5 million in financing for the construction of the new Terra At the Grove Apartment project in St. Louis, Missouri . The four-story structure, to be built … Full story available on Benzinga.com
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The new year is looking much like the old for City Developments Ltd and its board, with a third director in as many months stepping down over the Singaporean firm’s contentious investment in Chinese developer Sincere Property Group. The resignation… Read More>> The post Third Director Leaves CDL Board Over Investment in China’s Sincere Property appeared first on Mingtiandi .
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For the second time in less than three months, a board member of City Developments Ltd has stepped down over concerns about the Singaporean firm’s investment in mainland Chinese developer Sincere Property Group. The resignation of independent non-executive director Koh… Read More>> The post Second CDL Director Resigns Over China Investment Spat appeared first on Mingtiandi .
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NEW YORK, Dec. 16, 2020 /PRNewswire/ -- CIT Group Inc's (NYSE: CIT) annual partnership with Feeding America® has helped provide Two Million Meals1 to people in need this holiday season. With the support of its customers, employees and followers, the company brought awareness to the…
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NEW YORK, Dec. 16, 2020 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that it has hired Vicki Jennings, Nicole Skaro and Jolen Zeroski in its Community Association Banking business. Jennings, Skaro and Zeroski will facilitate the growth of the Community Association Banking…
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