Raven sells CIT 40.34: Deutsche Bank served as financial advisor to CIT, and Dechert LLP served as CIT's legal counsel.

We believe this new venture will allow us to extend our reach in providing critical financing to businesses in the U.S. economy while delivering high-quality assets to our investors. CIT Asset Management LLC will serve as Administrative Agent to the joint venture. CIT Group, Inc. is a bank holding company. So far today approximately 2.3 million shares have been exchanged, as compared to an average 30-day volume of 1.8 million shares. The facility supports the acquisition of two Suezmax crude tankers which are employed on long-term charters to a multinational oil company.


Vashti:
Equipment Finance provides leasing and gear loan options to middle market firms and small businesses.

Jona:
Corporate Finance supplies a range of financing options while offering advisory services to small and medium size companies.

Vida:
Commercial Services provides secured funding to businesses, receivable management goods, and factoring.

Larissa:
Equities analysts forecast that CIT Group will post $2.80 earnings per share for the current fiscal year.

Brittni:
Eight equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company.

Tawanda:
BTIG Research reaffirmed a buy rating on shares of CIT Group in a research note on Tuesday, July 28th.

Necole:
Guggenheim lowered CIT Group from a buy rating to a neutral rating in a research note on Wednesday, July 29th.

Flor:
Morgan Stanley set a $54.00 price target on CIT Group and gave the stock a buy rating in a research note on Wednesday, April 29th.

Dennis:
Oppenheimer restated an outperform rating and issued a $54.00 price objective on shares of CIT Group in a research report on Wednesday, July 29th.

Linsey:
Property Finance provides senior secured commercial real-estate loans to developers along with other commercial real-estate professionals.

Cit Group Inc [Del] (NYSE:CIT)
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