Don Ke nobi
/ 83.5.215.* / 2009-08-21 13:57
Rosną straty i kłopoty zbliżającego się do bankructwa CIT Group. Mieał stratę -4,30 $ na akcję, kiedy "analitycy" prognozowali -1,53 $. Nieźle przestrzelili (chyba w ramach robienia dobrego wrażenia...).
CIT Group Inc., the commercial lender seeking to avert collapse, reported a wider-than-expected loss as more customers defaulted on loans.
The ninth consecutive quarterly net loss was $1.62 billion, or $4.30 a share, New York-based CIT said in a regulatory filing. Nine analysts had estimated a per-share loss of $1.53.
CIT Chief Executive Officer Jeffrey Peek is negotiating with bondholders and considering asset sales to stave off bankruptcy.
The lender, which provides financing to almost a million small- and mid-sized businesses, has lost more than $5 billion in the past nine quarters as bad debts soared and the company was cut off from the commercial-paper market, its traditional source of funding.
"I don't think there's any good news to come in terms of credit quality," said Sameer Gokhale, an analyst with KBW Inc.