Wednesday, April 18, 2007

CIT first-quarter profit rises

(Reuters) - April 18 - CIT Group Inc. , a consumer and commercial finance company, said on Wednesday quarterly earnings rose, helped by strong asset growth and an increase in new business volume.

The company said first-quarter profit rose to $271.4 million, or $1.37 a share, from $229.7 million, or $1.12 a share a year earlier.


Read more at Reuters.com Bonds News

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