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That’s not equal refereeing and those are the things that change the course of games

June 15, 2010 Health No Comments

That’s not equal refereeing and those are the things that change the course of games We don’t like that. Thesestatements reflect the current views and assumptions of Crossroads and aresubject to various risks and uncertainties that could cause actual results todiffer materially from expectations.©2009 Crossroads Systems, Inc. Crossroads and Crossroads Systems are registeredtrademarks of Crossroads Systems, Inc. All specifications are subject to changewithout notice.Crossroads SystemsPress Contacts:Anyck Turgeon, orZintel Public RelationsMatthew Zintel, Copyright Business Wire 2009. NEW YORK–(Business Wire)–CIT Group Inc. (NYSE: CIT), a leading provider of financing to small businessesand middle market companies, today released another edition of CIT ExecutiveSpotlight, a series of interviews with CIT executives offering insights intocurrent trends in the industries CIT serves. In this installment, Burt Feinberg, Managing Director and Industry Group Headfor the Retail Finance group within CIT Commercial & Industrial, provides hisview of the challenges and opportunities facing retailers today, the importantrole the retail sector plays in the U.S.

economy, how retailers are managingthrough the credit crisis and the increased interest in asset-based lending inthe current environment. In commenting on how the economic downturn has made CEOs think differently,Feinberg says, “In the short term, CEOs are now focused on liquidity. CEOs got ahuge reminder that retail is a cyclical business, and they are now actingaccordingly. For the long run, they are looking at their cost structure andbalance sheet to be sure that they are not as vulnerable as they were in 2008-09to a falloff in demand.” In discussing opportunities for lenders and clients, Feinberg says, “There aregreat refinance opportunities for lenders right now as some very establishedretail companies need more liquidity. Some credits that were once unsecuredborrowers are now looking to the asset-based lending (ABL) market, and there isan opportunity to finance relatively strong companies and get good returns. Forretailers, particularly the stronger ones, there are opportunities to pick upstore locations that are being vacated by defunct players and renegotiate realestate leases and other contracts. Stronger retailers can take an offensiveposture in this market by taking advantage of their liquidity.” Individuals interested in receiving future updates on CIT via e-mail canregister at About CITCIT (NYSE: CIT) is a bank holding company with more than $60 billion in financeand leasing assets that provides financial products and advisory services tosmall and middle market businesses.

Operating in more than 50 countries across30 industries, CIT provides an unparalleled combination of relationship,intellectual and financial capital to its customers worldwide. CIT maintainsleadership positions in small business and middle market lending, retailfinance, aerospace, equipment and rail leasing, and vendor finance. Founded in1908 and headquartered in New York City, CIT is a member of the S&P 500 andFortune 500. Group Inc.CIT MEDIA RELATIONS:C. Curtis Ritter, 212-461-7711Vice PresidentDirector of External Communications & Media orCIT INVESTOR RELATIONS:Ken Brause, 212-771-9650Executive Vice Copyright Business Wire 2009.

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