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After a first-quarter rebound, CIT Group (CIT +0.5%) says it's got a long-term finance-margin...

After a first-quarter rebound, CIT Group (CIT +0.5%) says it's got a long-term finance-margin target of 3-4%, and a goal for return on assets of 1.5-2%. The formerly bankrupt lender took on up-front costs to repay expensive debt, but that's boosted net interest margin.
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Comments (1)
  • tigersam
    , contributor
    Comments (1711) | Send Message
     
    Ok then. Go start working on it. Do not come after month and say it is not achievable.
    8 Jun 2011, 01:32 PM Reply Like
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