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CIT gains on hopes of capital return after Fed drops curbs
Reuters(Reuters) - The Federal Reserve Bank of New York removed restrictions on small-business lender CIT Group Inc imposed after the financial crisis, paving the way for a higher capital return to shareholders and a possible buyout. CIT shares rose as much...Tags: Wells Fargo & Co., Federal Reserve, Stock Market, NYSE Euronext, Inc., Financial Markets
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U.S. RESEARCH ROUNDUP: Blackrock, CME Group, Morgan Stanley, Splunk
ReutersMay 31 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Blackrock and CME Group, on Friday. HIGHLIGHTS * U.S. Asset Managers: JP Morgan raises target on Blackrock, others * CME...Tags: Ratings, CVS Corp., Blackrock Inc, Esterline Technologies Corporation, OmniVision Technologies Incorporated
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CIT shares rise after New York Fed ends supervision
ReutersMay 30 (Reuters) - CIT Group Inc said the Federal Reserve Bank of New York has terminated its agreement with the bank, freeing CIT of regulatory supervision and allowing it to return more money to shareholders. CIT shares rose as much as 7 percent to...Tags: Wells Fargo & Co., Bank of New York Company
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U.S. business borrowing for equipment rises 23 pct in April - ELFA
ReutersMay 22 (Reuters) - U.S. companies borrowed more in April to invest in new equipment ranging from computer systems to aircraft, the Equipment Leasing and Finance Association (ELFA) said on Wednesday. Companies signed up for $7.5 billion in new loans,...Tags: Siemens, Economy, Business and Finance, BB&T Corp., Deere and Company, Investments
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Endeudamiento empresarial EEUU para compra de equipos sube 23 pct en abril: ELFA
ReutersMayo 22 (Reuters) - Las compañÃas estadounidenses pidieron más préstamos en abril para invertir en nuevos equipos, desde sistemas de computadores hasta aeronaves, dijo el miércoles Equipment Leasing and Finance Association (ELFA). Las firmas...Tags: Siemens, Economy, Business and Finance, BB&T Corp., Canon Inc., Finance
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Once again, it's good to be Goldman Sachs
Money & CompanyThe worse it gets for Goldman Sachs, the better it gets for Goldman Sachs. The banking giant???s evil vampire-squid image was further reinforced Monday with the revelation that the firm stands to get a $1-billion payment from tottering lender CIT...... -
Lender CIT Files for Chapter 11 Bankruptcy Protection
Associated PressWASHINGTON – After struggling for months to avert bankruptcy, lender CIT Group has filed for Chapter 11 protection in an attempt to restructure its debt while trying to keep badly needed loans flowing to thousands of mid-sized and small businesses. CIT...Tags: Washington (U.S. state), Personal Finance, WorldCom Incorporated, New York, FTI Consulting Inc.
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The week ahead
Chicago TribuneMonday: -- Earnings: Eaton Corp.; Mattel Inc.; Novellus Systems Inc.; Sensient Technologies Corp. Tuesday: -- June producer price index -- June industrial production -- Earnings: AMB Property Corp.; Coca-Cola Co.; CSX Corp.; Forest Laboratories Inc.;...Tags: Wells Fargo & Co., Novellus Systems Incorporated, Abbott Laboratories, International Game Technology Incorporated, Broadcom Corp.
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Bank One taking risk with UAL financing
Tribune staff reporterBank One Corp.'s deal to finance a big chunk of UAL Corp.'s bankruptcy reorganization plan represents a departure for the bank, which has spent much of the last two years dumping risks instead of seeking new ones. At least one credit analyst who...Tags: Air Transportation Industry, Air Transportation, Travel, Transportation, Finance
May 30, 2013
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May 31, 2013
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May 30, 2013
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May 22, 2013
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May 22, 2013
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Jan 31, 2012
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Oct 6, 2009
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Nov 1, 2009
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Jul 15, 2007
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Dec 12, 2002
|Story| Chicago Tribune
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