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	<title>News Feed &#187; CIT Group</title>
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	<description>Current and updated news feed covering the U.S. and the rest of the World</description>
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		<title>Overnight Market News &#8211; February 8, 2010</title>
		<link>http://www.news-feed.com/2010/02/08/overnight-market-news-february-8-2010/</link>
		<comments>http://www.news-feed.com/2010/02/08/overnight-market-news-february-8-2010/#comments</comments>
		<pubDate>Mon, 08 Feb 2010 13:08:53 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[CIT Group]]></category>
		<category><![CDATA[CIT Group John Thain]]></category>
		<category><![CDATA[John Thain]]></category>
		<category><![CDATA[Overnight Market News]]></category>
		<category><![CDATA[Overnight Markets]]></category>
		<category><![CDATA[Toyota Prius Hybrid Recall]]></category>
		<category><![CDATA[Toyota Recall]]></category>

		<guid isPermaLink="false">http://www.news-feed.com/?p=1418</guid>
		<description><![CDATA[Toyota Motor Corp Prepares to Recall its Prius Hybrid in Japan as Early as Tomorrow CIT Group Hires John Thain, Former Chief Executive Officer of Merrill Lynch &#38; Co as its New Chief Executive Officer Group Led by The Walt Disney Co, Including Google Inc Reportedly In Late-Stage Negotiations to Buy China Bus Advertising Firm, [...]]]></description>
			<content:encoded><![CDATA[<ul>
<li>Toyota Motor Corp Prepares to Recall its Prius Hybrid in Japan as Early as Tomorrow</li>
<li>CIT Group Hires John Thain, Former Chief Executive Officer of Merrill Lynch &amp; Co as its New Chief Executive Officer</li>
<li>Group Led by The Walt Disney Co, Including Google Inc Reportedly In Late-Stage Negotiations to Buy China Bus Advertising Firm, Bus Online</li>
<li>Miner, Xstrata PLC Reinstates Dividend on “Encouraging Outlook in Commodities”, Says it is Not in Merger Talks with Glencore International AG</li>
<li>Japanese Brewing and Food Companies, Kirin Holdings and Suntory Holdings Fail to Agree on Merger, End Negotiations</li>
<li>Japanese Lender, Sumitomo Mitsui Financial Group Inc Almost Triples Fiscal Nine-Months Net Profit to JPY 247.84B (USD 2.77B)</li>
<li>Crude Oil Stands at USD 71.82 per Barrel</li>
<li>Ethanol Stands at USD 1.75 per Gallon</li>
<li>Natural Gas Stands at USD 5.62 per British Thermal Unit (Btu)</li>
<li>Gold Stands at USD 1,068.8 per Troy Ounce</li>
<li>Dow Jones Industrial Average Rises 10.05 Points (0.10%)</li>
<li>London FTSE Index Rises 33.93 Points (0.67%)</li>
<li>Japan Nikkei Index Falls 105.27 Points (1.05%)</li>
<li>Hong Kong Hang Seng Index Falls 114.19 Points (-0.58%)</li>
<li>Brazil Bovespa Index Falls 1,171.31 Points (-1.83%)</li>
</ul>
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		<title>Overnight Market News &#8211; November 2, 2009</title>
		<link>http://www.news-feed.com/2009/11/02/overnight-market-news-november-2-2009/</link>
		<comments>http://www.news-feed.com/2009/11/02/overnight-market-news-november-2-2009/#comments</comments>
		<pubDate>Mon, 02 Nov 2009 10:41:57 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[China Manufacturing Sector Growth]]></category>
		<category><![CDATA[China’s Manufacturing Sector]]></category>
		<category><![CDATA[CIT Group]]></category>
		<category><![CDATA[CIT Group Bankruptcy]]></category>
		<category><![CDATA[Comcast]]></category>
		<category><![CDATA[General Electric]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[Goldman Sachs Group Fannie Mae]]></category>
		<category><![CDATA[Goldman Sachs Group Tax Credits]]></category>
		<category><![CDATA[NBC Universal]]></category>
		<category><![CDATA[Overnight Market News]]></category>
		<category><![CDATA[Overnight Markets]]></category>
		<category><![CDATA[Royal Bank of Scotland Group]]></category>
		<category><![CDATA[Royal Bank of Scotland Group Asset Sales]]></category>
		<category><![CDATA[UK Home Prices]]></category>

		<guid isPermaLink="false">http://www.news-feed.com/?p=1220</guid>
		<description><![CDATA[CIT Group Inc Files for Chapter 11 Bankruptcy Protection Royal Bank of Scotland Group PLC Considers Additional Asset Sales as it Attempts to Exit Government-Backed Insurance Scheme China’s Manufacturing Sector Grew at Fastest Pace in 18 Months, with HSBC’s China Purchasing Manager’s Index Rising to 55.4 in October from 55.0 in September Comcast Corp (CMCSA) [...]]]></description>
			<content:encoded><![CDATA[<ul>
<li>CIT Group Inc Files for Chapter 11 Bankruptcy Protection</li>
<li>Royal Bank of Scotland Group PLC Considers Additional Asset Sales as it Attempts to Exit Government-Backed Insurance Scheme</li>
<li>China’s Manufacturing Sector Grew at Fastest Pace in 18 Months, with HSBC’s China Purchasing Manager’s Index Rising to 55.4 in October from 55.0 in September</li>
<li>Comcast Corp (CMCSA) and General Electric Corp Near Agreement that Would Give Control of NBC Universal to CMCSA</li>
<li>Goldman Sachs Group Inc in Discussions to Purchase Millions of Dollars Worth of Tax Credits from Fannie Mae</li>
<li>UK Home Prices Continue to Rise in October, Average Asking Price Climbs 0.2% from September</li>
<li>Crude Oil Stands at USD 77.00 per Barrel</li>
<li>Ethanol Stands at USD 1.96 per Gallon</li>
<li>Natural Gas Stands at USD 5.03 per British Thermal Unit (Btu)</li>
<li>Gold Stands at USD 1,040.40 per Troy Ounce</li>
<li>Dow Jones Industrial Average Falls 249.85 Points (2.51%)</li>
<li>London FTSE Index Rises 25.78 Points (0.51%)</li>
<li>Japan Nikkei Index Falls 231.79 Points (2.31%)</li>
<li>Hong Kong Hang Seng Index Falls 132.68 Points (0.61%)</li>
<li>Brazil Bovespa Index Falls 2,175.08 Points (3.41%)</li>
</ul>
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		<item>
		<title>Overnight Market News &#8211; July 20, 2009</title>
		<link>http://www.news-feed.com/2009/07/20/overnight-market-news-july-20-2009/</link>
		<comments>http://www.news-feed.com/2009/07/20/overnight-market-news-july-20-2009/#comments</comments>
		<pubDate>Mon, 20 Jul 2009 14:46:17 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[CIT Group]]></category>
		<category><![CDATA[National Association for Business Economics]]></category>
		<category><![CDATA[Nissan]]></category>
		<category><![CDATA[Overnight Market News]]></category>
		<category><![CDATA[Overnight Markets]]></category>
		<category><![CDATA[Porsche Automobil Holding]]></category>
		<category><![CDATA[Renault]]></category>
		<category><![CDATA[U.S. Economy]]></category>
		<category><![CDATA[Uk Economy]]></category>
		<category><![CDATA[Volkswagen AG]]></category>

		<guid isPermaLink="false">http://www.news-feed.com/?p=724</guid>
		<description><![CDATA[CIT Group Inc to Announce Deal for USD 3B Rescue Financing from Bondholders to Avoid Bankruptcy National Association for Business Economics’ (NABE) Quarterly Survey Indicates US Economy Appears to be Improving, but Downturn Not Over UK Economy to Contract 4.5% in 2009, Worse than Government’s Forecast of 3.5% and the Biggest Decline in A Single [...]]]></description>
			<content:encoded><![CDATA[<ul>
<li>CIT Group Inc to Announce Deal for USD 3B Rescue Financing from Bondholders to Avoid Bankruptcy</li>
<li>National Association for Business Economics’ (NABE) Quarterly Survey Indicates US Economy Appears to be Improving, but Downturn Not Over</li>
<li>UK Economy to Contract 4.5% in 2009, Worse than Government’s Forecast of 3.5% and the Biggest Decline in A Single Year According to Ernst &amp; Young Item Club</li>
<li>Nissan Motor Co, Renault SA to Start Producing Lithium-Ion Batteries for Electric Cars at UK and Portugal Factories</li>
<li>Iceland Announces GBP 1.3B Plan to Boost Banking System, Gov’t to Fund 3 New Banks it Will Create from Failed Ones</li>
<li>Porsche Automobil Holding SE Expected to Accept Offer from Volkswagen AG to Buy Its Sports-Car Business for EUR 8B (USD 11.28B) Later This Week</li>
<li>Crude Oil Stands at USD 64.77 per Barrel</li>
<li>Ethanol Stands at USD 1.63 per Gallon</li>
<li>Natural Gas Stands at USD 3.74 per British Thermal Unit (Btu)</li>
<li>Gold Stands at USD 937.20 per Troy Ounce</li>
<li>Dow Jones Industrial Average Rises 32.12 Points (0.37%)</li>
<li>London FTSE Index Rises 65.59 Points (1.49%)</li>
<li>Japan Nikkei Index Rises 51.16 Points (0.55%)</li>
<li>Hong Kong Hang Seng Index Rises 696.71 Points (3.70%)</li>
<li>Brazil Bovespa Index Rises 154.29 Points (0.30%)</li>
</ul>
]]></content:encoded>
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		<item>
		<title>Overnight Market News &#8211; July 16, 2009</title>
		<link>http://www.news-feed.com/2009/07/16/overnight-market-news-july-16-2009/</link>
		<comments>http://www.news-feed.com/2009/07/16/overnight-market-news-july-16-2009/#comments</comments>
		<pubDate>Thu, 16 Jul 2009 15:22:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[China’s Economy]]></category>
		<category><![CDATA[CIT Group]]></category>
		<category><![CDATA[JPMorgan Chase & Co]]></category>
		<category><![CDATA[Nokia]]></category>
		<category><![CDATA[Overnight Market News]]></category>
		<category><![CDATA[Overnight Markets]]></category>
		<category><![CDATA[US Foreclosure Filings]]></category>

		<guid isPermaLink="false">http://www.news-feed.com/?p=704</guid>
		<description><![CDATA[JPMorgan Chase &#38; Co Second Quarter Profit Climbs 36% to USD 0.28 per Share, Trumping Analysts’ Expectations of USD 0.08 US Foreclosure Filings Jump 15% in the First Half of 2009, Hitting Record 1.1mm on Mounting Job Losses China’s Economy Accelerates 7.9% in Q02 2009, on Track for 8% Full-Year Growth Nokia Corp Q02 2009 [...]]]></description>
			<content:encoded><![CDATA[<ul>
<li>JPMorgan Chase &amp; Co Second Quarter Profit Climbs 36% to USD 0.28 per Share, Trumping Analysts’ Expectations of USD 0.08</li>
<li>US Foreclosure Filings Jump 15% in the First Half of 2009, Hitting Record 1.1mm on Mounting Job Losses</li>
<li>China’s Economy Accelerates 7.9% in Q02 2009, on Track for 8% Full-Year Growth</li>
<li>Nokia Corp Q02 2009 Net Profit Down 66% from a Year Ago to EUR 380mm, But Exceeds Estimates for EUR 316mm Earnings</li>
<li>US Government Regulators Deny CIT Group Inc’s Bailout Request, Bankruptcy Filing Imminent</li>
<li>CL Financial Shareholders Approve New State/CL Financial Appointed Board of Directors</li>
<li>Crude Oil Stands at USD 61.54 per Barrel</li>
<li>Ethanol Stands at USD 1.60 per Gallon</li>
<li>Natural Gas Stands at USD 3.28 per British Thermal Unit (Btu)</li>
<li>Gold Stands at USD 939.10 per  Troy Ounce</li>
<li>Dow Jones Industrial Average Rises 256.72 Points (3.07%)</li>
<li>London FTSE Index Falls 3.22 Points (-0.07%)</li>
<li>Japan Nikkei Index Rises 74.91 Points (0.81%)</li>
<li>Hong Kong Hang Seng Index Rises 103.21 Points (0.57%)</li>
<li>Brazil Bovespa Index Rises 2,424.08 Points (4.96%)</li>
</ul>
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		<item>
		<title>Overnight Market News &#8211; July 13, 2009</title>
		<link>http://www.news-feed.com/2009/07/13/overnight-market-news-july-13-2009/</link>
		<comments>http://www.news-feed.com/2009/07/13/overnight-market-news-july-13-2009/#comments</comments>
		<pubDate>Tue, 14 Jul 2009 06:01:31 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[CIT Group]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[Overnight Market News]]></category>
		<category><![CDATA[Overnight Markets]]></category>
		<category><![CDATA[RHJ International SA]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.news-feed.com/?p=713</guid>
		<description><![CDATA[UBS AG, US Gov’t Delay Tax Trial Seeking Names of 52k American Account Holders Suspected of Tax Evasion Lender, CIT Group Inc Warns its Demise Could Hurt Small Businesses, Manufacturers Needing Credit to Fuel Growth Four EU Countries, Turkey Finalize Deal to Build Nabucco Natural Gas Pipeline Japanese Brewing, Food Groups Kirin Holdings Co and [...]]]></description>
			<content:encoded><![CDATA[<ul>
<li>UBS AG, US Gov’t Delay Tax Trial Seeking Names of 52k American Account Holders Suspected of Tax Evasion</li>
<li>Lender, CIT Group Inc Warns its Demise Could Hurt Small Businesses, Manufacturers Needing Credit to Fuel Growth</li>
<li>Four EU Countries, Turkey Finalize Deal to Build Nabucco Natural Gas Pipeline</li>
<li>Japanese Brewing, Food Groups Kirin Holdings Co and Suntory Holdings Ltd in Talks About Possible Merger</li>
<li>Microsoft Corp Continues Tech Battle With Google Inc, Announces Plans to Launch Online Versions of Some of its Core Software Including Windows</li>
<li>Belgium-based Holding Company, RHJ International SA in Talks to Buy Stake in General Motors Corp’s Opel Unit</li>
<li>Crude Oil Stands at USD 59.82 per Barrel</li>
<li>Ethanol Stands at USD 1.57 per Gallon</li>
<li>Natural Gas Stands at USD 3.32 per British Thermal Unit (Btu)</li>
<li>Gold Stands at USD 910.30 per Troy Ounce</li>
<li>Dow Jones Industrial Average Falls 36.65 Points (-0.45%)</li>
<li>London FTSE Index Rises 15.40 Points (0.37%)</li>
<li>Japan Nikkei Index Falls 236.95 Points (-2.55%)</li>
<li>Hong Kong Hang Seng Index Falls 453.79 Points (-2.56%)</li>
<li>Brazil Bovespa Index Rises 43.23 Points (0.09%)</li>
</ul>
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