Asta Funding to Announce Second Quarter 2002 Results

Asta Funding, Inc., a leading consumer receivables asset management and liquidation company, announced that it will release its financial results for the three months and six months ended 31 March 2002, today, before the market opens.

CIT Employees’ Options at Risk.

The New York Times reported this week that several thousand workers for CIT would forfeit any unvested options as soon as the sale of the company was completed. These are options that have been promised, but that employees have not yet earned.

CIT Reports Second Fiscal Quarter Results

CIT Group Inc., a subsidiary of Tyco International Ltd. and parent of CIT Commercial Services, today announced second fiscal quarter 2002 net income of $157.3 million, compared to$160.1 million in the corresponding period of 2001.