CIT shares plunge on funding concerns (Lufee.com)

Lufee categories

CIT shares plunge on funding concerns
NEW YORK, March 20 (Reuters) - Shares of U.S. commercial finance company CIT Group plunged 22 percent on Thursday, reaching their lowest level since 2002, as concerns grew that the company will have trouble financing itself at a reasonable cost.
- Discuss this news

Tell-a-friend about Lufee and this article

You are not logged in to Lufee at this moment. But you can tell a friend about this headline and send him an e-mail with your personal comment.

You still don't have a Lufee Account?

Sign up now and...

Get your personal account for free and sign up today. The sign up process will take you less than 5 minutes.

Signup here for free

Read what other users has to say

Nobody has posted a comment yet. Be the first to leave feedback on this news.

Read other headlines

CIT Group draws on $7.3 billion of bank lines
NEW YORK (Reuters) - CIT Group Inc said on Thursday it was drawing on $7.3 billion of bank lines ...
CIT taps $7.3 billion credit line
Read full story for latest details.
CIT Group draws on $7.3 billion bank lines
CIT Group said Thursday it was drawing on $7.3 billion of bank lines to help conduct daily operations, a move that highlights ...
CIT Draws On Credit Lines
CIT Group drew on its $7.3 billion in bank credit lines as disruptions in credit markets hurt its ability to refinance debt that will be due in the coming months.

New users at Lufee