Search results
Results from the WOW.Com Content Network
CIT Group Inc. (NYSE:CIT) is not the most popular stock in this group but hedge fund interest is still above average. Our overall hedge fund sentiment score for CIT is 58.2.
This fund goes up as the Nasdaq-100 goes down, allowing you to short-sell the index in a convenient fund. Annual returns (5 years): -58.4 percent Expense ratio: 0.95 percent
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 2022, the asset-weighted average expense ratio on stock index mutual funds was just 0.05 percent — a bargain price that is tough to beat. Meanwhile, index ETFs came in at a still-cheap 0.16 ...
Late in 2010, the government sold its remaining stock holding in the company, yielding an overall net profit to taxpayers of $12 billion (~$16.4 billion in 2023). A special IRS tax exception given to Citi allowed the US Treasury to sell its shares at a profit, while it still owned Citigroup shares, which eventually netted $12 billion.
The Financial News Network (FNN) was an American financial and business news television network that was launched November 30, 1981. The purpose of the network was to broadcast programming nationwide, five days a week for seven hours a day on thirteen stations, in an effort to expand the availability of business news for public dissemination.
Its stock price plunged 55.1 percent upon the resumption of trade. In 2015, CITIC Group sold 10% stake of CITIC Limited to a joint-venture of Itochu and Charoen Pokphand for HK$34.4 billion (US$4.54 billion); the joint venture also subscribed new convertible preferred shares for HK$45.9 billion (or US$5.9 billion).
For premium support please call: 800-290-4726 more ways to reach us