CIT Group Incorporated

When Rene Acremont and his wife, Samantha, opened a Tropical Smoothie Cafe franchise in Slidell in September, the process was seamless. The couple applied for and shortly thereafter received a Small Business Administration loan for the project and any...

The worse it gets for Goldman Sachs, the better it gets for Goldman Sachs. The banking giant???s evil vampire-squid image was further reinforced Monday with the revelation that the firm stands to get a $1-billion payment from tottering lender CIT......

WASHINGTON – After struggling for months to avert bankruptcy, lender CIT Group has filed for Chapter 11 protection in an attempt to restructure its debt while trying to keep badly needed loans flowing to thousands of mid-sized and small businesses. CIT...

NEW YORK -- Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market: NYSE: CIT Group Inc., down 18 cents at $1.35 Despite indications of government support, shares of the troubled lender sank as...

Monday: -- Earnings: Eaton Corp.; Mattel Inc.; Novellus Systems Inc.; Sensient Technologies Corp. Tuesday: -- June producer price index -- June industrial production -- Earnings: AMB Property Corp.; Coca-Cola Co.; CSX Corp.; Forest Laboratories Inc.;...

Bank One Corp.'s deal to finance a big chunk of UAL Corp.'s bankruptcy reorganization plan represents a departure for the bank, which has spent much of the last two years dumping risks instead of seeking new ones. At least one credit analyst who...