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CIT Group (CIT), a subsidiary of First Citizens BancShares, is an American financial services company. It provides financing, including factoring , cash management , treasury management , mortgage loans , Small Business Administration loans, leasing, and advisory services principally to individuals, middle-market companies and small businesses ...
In 2015, Barron's ranked Citadel Securities #1 in providing price improvement for investors in both S&P 500 and non-S&P shares. The firm is the largest market maker in options in the U.S., executing about 25 percent of U.S.-listed equity options volume.
An open-end fund is equitably divided into shares which vary in price in direct proportion to the variation in value of the fund's net asset value. Each time money is invested, new shares or units are created to match the prevailing share price; each time shares are redeemed, the assets sold match the prevailing share price.
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CIT shares have risen 3.5% to $40.33 so far on Monday and the shares have a 52-week range of $27.68 to $43.35. Shares are up 24% so far in 2012. One thing is important to consider here in the new ...
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Collective trust funds or Collective Investment Trusts (CITs) are a legal trust administered by a bank or trust company that combines assets for multiple investors who meet specific requirements set forth in the fund’s declaration of trust. [1] Typically, a collective trust pools assets from corporate and governmental profit sharing, pension ...
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