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CIT Board Approves Corporate Governance Initiatives

CIT Group Inc yesterday announced that, at its meeting on August 14, 2002, its Board of Directors instituted a number of corporate governance initiatives, including: Electing Albert R. Gamper, Jr., CIT's Chief Executive Officer and President, to serve as the...

#CIT#leasing#SEC

Asta Funding Records Revenue and EPS Increases for the...

Asta Funding Inc, a leading consumer receivables asset management, liquidation and factoring company, yesterday reported both revenue and net income…


Asta Funding to Announce Third Quarter 2002 Results

Asta Funding, Inc., a leading consumer receivables asset management, liquidation and factoring company, today announced that it will release its…


CIT Group Announces Quarterly Results

CIT Group Inc. reported its results on Tuesday for the quarter ended June 30, 2002. Net loss for the quarter…


CIT Group Inc to Announce Quarterly Earnings

CIT Group Inc. will be issuing its financial results for the quarter ended 30 June 2002, before the market opens…

#CIT#CIT Commercial Services#conference


CIT Group Holding its own After Initial Public Offering

CIT Group Inc. has been mostly well received on Wall Street since the troubled industrial conglomerate Tyco International Ltd. spun…

#CIT#commercial finance#Credit Suisse


New Appointment at Wells Fargo Business Credit Inc.

The Factoring Group at Wells Fargo Business Credit Inc. added Lisa M. Romero as assistant vice president and business development…

#bank#Vice president


Pretrial Activity on Lawsuit against Regions Bank and Southwest...

Attorneys for Regions Bank won a pretrial battle Tuesday in a lawsuit brought by two Texarkana health professionals who claim…

#bank#bankruptcy#receivables


CIT Group’s IPO Raises Disappointing US$4.6 Billion

Tyco International Ltd. raised a disappointing US$4.6 billion in the initial public offering for its finance unit, CIT Group Inc.,…

#CIT#international#investment


CIT Shares Fall After Initial Public Offering Launch

Shares of CIT Group Inc. fell 4% Tuesday, a day after Tyco International Ltd. spun off the finance unit to…


Tyco to proceed with CIT Initial Public Stock Offering

Tyco International Ltd. has decided against selling its lending division and will instead spin it off in an initial public…


CIT Group’s Chief Executive Speaks Out

CIT Group Inc.’s chief executive Albert Gamper, pitching the company's planned US$5.8 billion stock offering, says Tyco International Ltd.'s ownership…

#CIT#CIT Commercial Services#international

Former Tyco International Director Frank Walsh Comments on Litigation...

Tyco’s former International Director, Frank Walsh commented on Monday about the litigation filed by Tyco’s board of Directors. He said:…

#acquisition#CIT#financial services

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