Investment News Briefs: CIT To Exit Bankruptcy Tomorrow; Gold Falls A Third Straight Day; Strong Europe Sales Keep McDonald’s Growth Going
December 09, 2009
Obama Proposes New Stimulus Initiatives; CIT to Exit Bankruptcy Tomorrow; Gold Falls a Third Straight Day; GM Aims to Repay TARP by End of 2010; P&G Chair Lafley to Retire; United Orders 50 New... Read More
from DailyMarkets.com
Investment News Briefs
December 08, 2009
from Money Morning
CIT's Reorganization Plan Confirmed by Court, Co. Expects to Emerge from Bankruptcy on Dec. 10
December 08, 2009
CIT Prepackaged Plan of Reorganization Confirmed by Court
December 08, 2009
CIT Group Bankruptcy Plan Wins Wide Support
November 19, 2009
category
Market Overview
from FOXBusiness.com
CIT Announces Updated Solicitation Results for Its Prepackaged Plan of Reorganization
November 19, 2009
UCBH failure likely spells second TARP loss
November 09, 2009
The second loss from the government’s Troubled Asset Relief Program, or TARP, may come from the failure of San Francisco-based bank UCBH Holdings. Read More
from MarketWatch
DailyFinance : A deep recession isn't a great time to be in the business of lending to entrepreneurs. First CIT Group had to seek bankruptcy protection last month when it failed to strike a deal with... Read More
from DailyFinance.com
Court Date For CIT's Reorganization Set For Dec. 8
November 03, 2009
category
Finance
from FOXBusiness.com
CIT Confirmation Hearing Scheduled for December 8, 2009
November 03, 2009
CIT’s Bondholders Will Be The Biggest Beneficiaries Of The Bankruptcy
November 02, 2009
CIT Group Inc. (CIT) on Sunday filed for Chapter 11 bankruptcy protection. CIT’s filing is the fifth largest bankruptcy in U.S. history, behind Lehman Brothers Holdings Inc., Washington Mutual Inc.,... Read More
from DailyMarkets.com
Bondholders the Big Winners as CIT Files for Bankruptcy
November 02, 2009
category
Top News
,
Jason Simpkins
from Money Morning
(CIT) CIT Group Files for Chapter 11
November 02, 2009
CIT Group Inc. (CIT) has filed for Chapter 11 protection on Sunday. The company struggled for months to avoid collapse since the recession elicited billions of dollars in loan losses, and the financial... Read More
from Stock Blog Hub
Does Consumer Spending Really Drive GDP?
November 02, 2009
Do you recall the Thursday action after the GDP report showed such strength (whether you believe it or not) and the dollar got sold like pet rocks? Well the government made a big deal out of the fact... Read More
from DailyMarkets.com
Mexican peso eases; progress made on 2010 budget
November 02, 2009
Mexico’s currency eases, moving off earlier advances made after legislators decided to accept a permanent sales-tax increase, and after the release of upbeat economic data from the U.S., Mexico’s... Read More
from MarketWatch
Cramer Thinks U.S. Could Be Readying Sale of Citigroup (C) Shares
November 02, 2009
Einhorn gained almost 4% in October
November 02, 2009
SAN FRANCISCO (MarketWatch) -- David Einhorn generated gains of almost 4% in October, according to the investment results of Greenlight Capital Re, a reinsurer that invests its premiums with the hedge... Read More
from MarketWatch
Insurers Principal, Hanover to report after bell
November 02, 2009
Principal Financial is forecast to report a decline in earnings when it releases quarterly results, while Hanover Insurance Group's earnings are expected to surge for the third quarter. Read More
from MarketWatch
Unusual 11 Mid-Day Movers 11/02: HGSI, EAC, IUSA, VRTX Higher; CIT, YRCW, GTXI, CPF Lower
November 02, 2009
Midday Stock Market Update: Construction And Industrial Sector Get A Lift From Economic Reports
November 02, 2009
Positive news from both the real estate and manufacturing sectors had the combined effect of sending the markets and exchange traded funds (ETFs) higher. Will it make last week all but a distant... Read More
from DailyMarkets.com
NYSE To Suspend Trading of CIT Group (CIT) Tomorrow
November 02, 2009
US Lender CIT Group goes bankrupt files for bankruptcy
November 02, 2009
var fbShare = {url: 'http://ceoworld.biz/ceo/2009/11/02/us-lender-cit-group-goes-bankrupt-files-for-bankruptcy/',size:'large'}US lender CIT Group (NYSE:CIT) has filed for bankruptcy, the fifth largest... Read More
from CEOWORLD Magazine
A Year After The Crisis, The Global Economy Is Firing On All Cylinders
November 02, 2009
What a difference 12 months can make. Just one year after every national economy on earth was in deep trouble, a powerful global rebound is underway. In fact, the global upswing is a lot stronger than... Read More
from DailyMarkets.com
CIT Group Files For Bankruptcy - One Of The Largest In US History
November 02, 2009
CIT Group Inc. (CIT) has filed for Chapter 11 protection on Sunday. The company struggled for months to avoid collapse since the recession elicited billions of dollars in loan losses, and the financial... Read More
from DailyMarkets.com
Ford (F) reported a profit of 26 cents a share, beating expectations of a 12 cent loss, on better-than-expected revenues of $30.9 billion. The firm maintained estimates for 2009 industry sales of 10.6... Read More
from DailyMarkets.com
CIT Group, Ford, Sysco in the spotlight
November 02, 2009
U.S. stock futures pointed to a solid open Monday after strong results from Ford Motor Co. and as investors looked ahead to a week of rate decisions, earnings and economic reports. See Indications. Read More
from MarketWatch
Stocks Open Mixed as Investors Await Economic Reports
November 02, 2009
Blue chips rose while tech stocks were stagnant as investors awaited the latest reports on manufacturing and housing. The Dow added 34 points to 9747 while Nasdaq slipped 3 points to 2041. Read More
category
Market News
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