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CIT files for Chapter 11 bankruptcy protection
WASHINGTON - 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.
People:Carl Icahn Activities:2009 CIT Group Crisis Source:(AP)
2009-11-01
CIT moves closer to pre-packaged bankruptcy approval
NEW YORK (Reuters) - CIT Group (CIT.N) has met at least one of the hurdles necessary to file for a prepackaged bankruptcy, sources said, bringing the commercial lender one step closer to the fast bankruptcy process it is seeking to lower its liabilities and get back to health.
People:Carl Icahn Activities:2009 CIT Group Crisis Source:(Reuters)
2009-10-30
Stocks swoon as worries about the economy return
NEW YORK - Grim signals about consumer spending ripped through the markets Friday, sending stocks tumbling as investors raced for safe havens.
People:Carl Icahn Activities:U.S. Markets
2009-10-30
CIT seen filing for bankruptcy in coming days
NEW YORK (Reuters) - CIT Group (CIT.N) is likely to file for bankruptcy in the coming days, analysts and experts said.
People:Carl Icahn Activities:2009 CIT Group Crisis Source:(Reuters)
2009-10-29
Ailing CIT gets $4.5 bln loan, rejects Icahn offer
WASHINGTON (AFP) - US lender CIT Group said Wednesday it had received an additional 4.5 billion dollar loan as it tries to avoid bankruptcy, dismissing billionaire investor Carl Icahn's last-minute loan offer.
People:Carl Icahn Activities:2009 CIT Group Crisis Source:(AFP)
2009-10-28
| Headlines |
- CIT files for Chapter 11 bankruptcy protection 2009-11-01
- CIT moves closer to pre-packaged bankruptcy approval 2009-10-30
- Stocks swoon as worries about the economy return 2009-10-30
- CIT seen filing for bankruptcy in coming days 2009-10-29
- Ailing CIT gets $4.5 bln loan, rejects Icahn offer 2009-10-28
- Microsoft, Yahoo agree on ad partnership: source 2009-07-28
- Carl Icahn raises his stake in Yahoo 2008-11-28
- CEOs, famous investors hit hard by market plunge 2008-11-02
- Eli Lilly agrees to buy ImClone for over $6B 2008-10-06
- Waiting on the wild man on Yahoo's board 2008-09-27
- Yahoo to face shareholder wrath at annual meeting 2008-07-31
- Pickens rips Yahoo management, sells entire stake 2008-07-29
- Major shareholder advisory firm backs Yahoo board 2008-07-24
- Yahoo CEO remains upbeat despite lackluster quarter 2008-07-23
- Yahoo settles with Icahn to avert control battle 2008-07-21
- Stocks end mixed on worries about earnings, oil 2008-07-21
- Outraged Icahn refocuses on ousting Yahoo board 2008-07-14
- Wall Street sags as bank fear offsets Fannie, Freddie aid 2008-07-14
- Yahoo spurns Microsoft again as bad blood boils 2008-07-13
- Tensions escalating in battle for Yahoo's board 2008-07-13
- Yang accuses Microsoft of 'trying to destabilize' Yahoo 2008-07-09
- Yahoo takes its defense against Icahn to investors 2008-06-30
- Dow ends flat but suffers worst 1st half since '70 2008-06-30
- Yahoo shakes up management amid shareholder unrest 2008-06-26
- Google grows stronger in Microsoft-Yahoo fallout 2008-06-14
- Yahoo seeks Google's aid after Microsoft talks die 2008-06-13
- Yahoo ends all talks with Microsoft, shares plunge 2008-06-12
- Yahoo facing possible trial before Icahn showdown 2008-06-10
- As Icahn grumbles, Yahoo sets plans for ad growth 2008-06-05
- Yahoo talks to Microsoft, trades barbs with Icahn 2008-06-05
- Icahn tells Yahoo board to scrap severance plan 2008-06-04
- Icahn to seek removal of Yahoo CEO Yang 2008-06-03
- Yahoo sets August 1 date for annual meeting showdown 2008-06-03
- Yahoo CEO says company is not 'under siege' 2008-05-29
- Microsoft chief says in talks with Yahoo but not 're-bidding' 2008-05-28
- Yahoo postpones annual meeting, battle with Icahn 2008-05-25
- Yahoo postpones annual meeting, battle with Icahn 2008-05-23
- Third Point backs Icahn in Yahoo fight: source 2008-05-20
- Microsoft proposes to buy Yahoo search: source 2008-05-20
- Microsoft: New talks for alternative Yahoo deal 2008-05-19
- Icahn's Yahoo fight puts Microsoft in driver's seat 2008-05-16
- Yahoo, WPP form multiyear ad-trading partnership 2008-05-16
- Icahn says he will fight Yahoo on Microsoft 2008-05-15
- Carl Icahn will lead mutiny against Yahoo board 2008-05-14
- Carl Icahn considering attempt to oust Yahoo board 2008-05-13
- Stocks mixed after retail sales report, spiking oil 2008-05-13
- Circuit City allows Blockbuster, Icahn to review books 2008-05-09
- Stocks decline as AIG reveals need for cash, oil surges 2008-05-09
- Blockbuster bids $1B for Circuit City 2008-04-14
Matches Shown: | 1-50 | 51-100
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