CIT Group (CIT)

34.79 -0.37  -1.05%  May 25, 11:00PM Go Pro
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CIT Group Capital Expenditures

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CIT Capital Expenditures Range, Past 5 Years

Minimum 32.50M Mar 2008
Maximum 1.688B Dec 2009
Average 691.40M

About Capex

Capital expenditures are a line item from a company's statement of cash flows (click "Learn More" below for details).

Capex (short for capital expenditures) are incurred when a business spends money to purchase fixed assets or to add value to an existing fixed asset. In accounting, a capital expenditures are added to an asset account, thus increasing the value of the asset.

Examples of capital expenditures include the purchase of a new manufacturing plant, investment in server farms for tech companies, or other purchases of assets expected to help the company earn profits in the future.

Unlike other investments like research and development and marketing spending, capital expenditures are not immediately expensed. Rather, property, plant and equipment acquired using capital expenditures are usually expensed over time through the use of depreciation.
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You may also be interested in these CIT related companies

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CIT News

What the Big Guns are Doing
May 24, 2:25PM Fox Business
CIT GROUP INC Financials
May 16, 1:04PM
Market focus shifts to policy uncertainty
May 07, 12:27PM Financial Times
CIT Arranges Financing for National Resources
Apr 30, 8:31AM Business Wire
$F $GE $CIT Rising Stars Accelerate as Ford Freed From Junk: Credit Markets. http://stks.co/3VTt
about 33 days ago by journalistjosh
$CIT http://stks.co/3VKG big up candle yesterday; bearish gulfing in short order so far today
about 33 days ago by Xiphos_Trading
HIGH $PUT VOLU $PH 789% $RIGL 667% $SYMC 530% $HSY 519% $BIG 503% $CIT 446% $CXW 429% $GWW 371% $FTNT 342% $PSS 325%
about 34 days ago by livevol_pro
[$$] CIT Group Posts Loss
Apr 24, 9:04AM
Listen to $CIT Q1 2012 earnings call - live at 08:00 AM, ondemand after - http://stks.co/3Tb5
about 34 days ago by earningscast
http://stks.co/3TSK Earning to focus before market opens: $MMM $T $AKS $BHI $CIT $HSY $LPL $PCAR $RYN $WFT $X $WU
about 35 days ago by freefdawatchlistcom
from the prop desk: watching $CIT $MAT $ECYT $RENN $CRM $AAPL $V http://dcl.sr/11g
about 42 days ago by mbellafiore_smb
Some names/charts pulling back right to their 50d: $WDC $CSCO $RJF $TIF $PETM $CIT $GD $NVLS
about 50 days ago by TheEquitiesRoom
$CIT filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/3FEG
about 53 days ago by MarketBrief
Trading down to 20d: $CIT $VECO $RIG $DGI $ATHN $ITMN $CERN $ARGN $ECA 50d: $LAZ $WBS $ATW $WLL $SKX 200d: $SWY
about 62 days ago by TheEquitiesRoom
Largest bearish ISE sentiment today so far in $XOP $XME $XLB $CIT $OIH
about 67 days ago by Attitrade
HIGH $PUT VOLU $LCC 1001% $GOLD 825% $LFC 792% $DISH 712% $ONXX 611% $WLP 527% $JBLU 518% $GME 485% $MHP 466% $CIT 325%
about 67 days ago by livevol_pro
HIGH $PUT VOLU $NBIX 41480% $CTRP 1143% $GES 945% $TTWO 644% $RVSN 556% $ITMN 384% $ROST 355% $CIT 346% $COP 289% $VMED 286%
about 74 days ago by livevol_pro
I can&#39;t believe $CIT is doing so well. They used to have such a high borrowing cost.
about 75 days ago by bradloncar
Breaking down bank stocks: Chris Whalen likes $CIT $STI $BMTC $CFR http://stks.co/2Xzf
about 94 days ago by colarusso42
Yea $CIT has been lowering its cost of capital, but i still don&#39;t see the point of investing in a lender that has big debt probs of its own.
about 98 days ago by bradloncar
Bruce #Berkowitz “Sears Intrinsic Value is the $64 Question” http://stks.co/2Jbn $FAIRX $SHLD $AIG $BAC $CIT $AIA $BAC $GGP $LUK $JOE
about 110 days ago by valuewalk
$DB Said to Limit Bonuses [Morning Update] http://stks.co/2Ivb $CIT $C $OPEN #MHP $GREK $RBS $BLK $BAC $JPM $WFC
about 110 days ago by valuewalk
Fairholme’s 2011 Results Show the Risk of Concentrated Positions in Hard to Value Businesses http://stks.co/2EmX $FAIRX $AIG $BAC $CIT
about 115 days ago by valuewalk
$CIT amended latest Quarterly Report http://stks.co/2Ccv
about 117 days ago by MarketBrief
Sears Plunges As $CIT Reins In Loans (Again) @ZeroHedge http://stks.co/2BuD $SHLD
about 117 days ago by valuewalk
@jimcramer Would you lend to $SHLD suppliers? $CIT
about 118 days ago by thomasatwood
Unless you are a masochist, it&#39;s probably best to avoid $SHLD entirely. Down 4.5% today on yet another report of $CIT halting loans. Oy.
about 118 days ago by lamonicabuzz
RT @Benzinga $CIT May Stop Lending to $SHLD Suppliers -Reuters
about 118 days ago by 1973Hog
$CIT May Stop Lending to $SHLD Suppliers -Reuters
about 118 days ago by Benzinga
Listen to $CIT Q1 earnings call - live at 08:00 AM, ondemand after - http://stks.co/2AG9
about 118 days ago by earningscast
$CIT CIT Group beats by $0.18
about 118 days ago by trending123
Two Earnings Reaction Trades for the Early Bird Tomorrow http://stks.co/29sb $CIT $HHS
about 119 days ago by harmongreg
$CIT http://stks.co/28l9 Top 10 Bonus Idea from 2 weeks ago still going, like it to 40
about 120 days ago by harmongreg
Sears up another 7% today. $SHLD now up more than 60% since report of $CIT halting loans to vendors. Short squeeze of all short squeezes?
about 126 days ago by lamonicabuzz

Recent Quotes

Symbol Price Chg Chg % Market Cap
CIT 34.79 -0.37 -1.05% 6.986B
CISG 7.00 -0.07 -0.99% 353.85M
CIS 1.99 -0.14 -6.57% 88.36M
CINF 35.66 +0.02 +0.06% 5.789B
CIMT 4.314 +0.00 +0.04% 42.76M
CIM 2.82 +0.03 +1.08% 2.897B
CII 12.76 +0.01 +0.08%
CIGX 3.98 +0.00 +0.00% 579.69M
CIG 17.22 +0.06 +0.35% 14.69B
CCIX 9.03 +0.27 +3.08% 157.57M
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