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The stock market was having a strong day on Friday, but regional bank CIT Group (NYSE: CIT) was a big standout. As of 10:45 a.m. EDT, shares of the bank stock were higher by more than 22% for the day. The reason for the spike is that New York-based CIT Group has agreed to me...
The following slide deck was published by First Citizens BancShares, Inc. in conjunction with their 2020 Q2 earnings Read more ...
Start Time: 09:00 End Time: 09:59 First Citizens BancShares, Inc. (FCNCA) Q2 2020 Earnings Conference Call July 29, 2020, 09:00 AM ET Company Participants Frank Holding - Chairman and CEO Craig Nix - CFO Elliot Howard - Manager Mergers and Acquisitions Jim Bryan - EVP and C...
March delivered the best buying opportunity to preferred stock investors that we have seen since 2008. Where value investors (common stock) make their money from an increase in the market price of their shares (buy low, sell high), income investors (preferred stocks, bonds) make their money fr...
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On Monday, CIT Group (NYSE: CIT) did extremely well for a company that will, technically, soon cease to exist. It is merging with First Citizens BancShares (OTC: FCNCB) , and the combined company will retain the First Citizens branding and that company's ticker symbol. ...
The stock market was having a strong day on Friday, but regional bank CIT Group (NYSE: CIT) was a big standout. As of 10:45 a.m. EDT, shares of the bank stock were higher by more than 22% for the day. The reason for the spike is that New York-based CIT Group has agreed to me...