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CIT

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

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


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 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


CIT Sale Delayed as Tyco Experiences Legal Problems

Tyco said the sale of its CIT finance unit could be delayed a week. The company had promised to complete…

#CIT#CIT Commercial Services#international


Tyco to Go Ahead with CIT IPO after Lehman...

Tyco International Ltd will go ahead with an Initial Public Offering of its financial services unit CIT Group after talks…

#bank#CIT#CIT Commercial Services


Tyco's Annual Plan Hinges on Sale of CIT Group

In a quarterly regulatory filing and a conference call last Thursday the battered Bermuda-based conglomerate made clear that much of…

#CIT#CIT Commercial Services#conference


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…

#CIT#CIT Commercial Services#Commerzbank


Tyco Plans 100% Public Offering of CIT Group

Having failed to find a suitable buyer, Tyco International Ltd., intends to sell 100% of CIT Group, in an initial…

#CIT#CIT Commercial Services#international


CIT Increases Funding Capability

As part of its ongoing strategy to further strengthen its financial position and diversify its funding sources, CIT Group Inc.…

#CIT#CIT Commercial Services#Credit Suisse

Tyco Capital to Draw US$8.5bn in Bank Credit

Tyco Capital, the financial services subsidiary of Tyco International Ltd, announced yesterday that it would draw from US$8.5bn in unsecured…

#bank#CIT#conference

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