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Cit Cat News

Survey: Capital Equipment financing down 24% in JanuaryWednesday, February 24, 2010 @ 11:56AMA survey of major banks and financing companies showed the volume of business equipment financed in January fell 24.4% from a year ago. Respondents to the Equipment Leasing and Finance Association's monthly survey said they financed $3.4 billion worth of new equipment in January, compared with $4.5 billion in January 2009.

Jeremy Grantham of GMO Q4 Portfolio Update: Buys High QualitiesTuesday, February 16, 2010 @ 8:43AMJeremy Grantham of GMO, LLC is probably the best investment strategist of our time. He correctly predicted the investment returns of the past decade, the 2008 financial crisis. On March 9, 2009 he wrote an article titled "Reinvest when Terrified", which coincide with the market bottom. To him, the fair value of S&P500 is around 850, therefore the market is overvalued, and we will experience ...

Boys in Jackson neighborhood get creative with snow removalThursday, February 11, 2010 @ 11:31PMFor three Jackson boys living on N. Grinnell Street, offering free snow-removal service to their neighbors is not just a good deed, but a way to showcase their creativity.Evan Finch and brothers Bryan Williams and Brett Williams spent Thursday afternoon...

Stocks End Lackluster Trading Day Firmly In The Red - U.S. CommentaryMonday, February 8, 2010 @ 3:43PM(RTTNews) - After showing a lack of direction throughout much of the trading day, stocks ended Monday's trading mostly lower. The major averages all closed firmly in negative territory, extending the downward move seen over the course of the previous four weeks.

You Ask, Stockpickr Answers: Feb. 8Monday, February 8, 2010 @ 10:25AMLately on Stockpickr, members are asking questions about American Tower, CIT Group and more.

North Pacific, Tigard wood distributor, forced into receivershipThursday, January 21, 2010 @ 8:37PMA federal judge has appointed a receiver to oversee Tigard-based North Pacific Group Inc., one of the nation's largest wholesale distributors of wood products, after the company defaulted on $42 million in debt.

Caterpillar, CIT Options Lure Bullish TradersWednesday, January 6, 2010 @ 3:45PMOptions traders are betting that shares of Caterpillar and CIT Group will climb.

Interview: We Were Promised Jetpacks rocket onFriday, December 25, 2009 @ 6:07PMBELIEVE it or not, the upcoming appearance by his band on the Waverley Stage at Edinburgh's Hogmanay will be the first time that Adam Thompson has ever experienced the cit

Survey: Capital Equipment Financing Down 7% in NovemberWednesday, December 23, 2009 @ 12:17PMCHICAGO -(Dow Jones)- The financing industry for business equipment showed little improvement last month as financing volume measured by an industry survey slipped 7% in November against a depressed level from a year ago.