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CIT shares rally as firm seeks federal aid

Shares of CIT Group Inc. rebounded today amid optimism that the top lender to small and mid-sized U.S. businesses may get a lifeline from the federal government.

Shares of CIT Group Inc. rebounded today amid optimism that the top lender to small and mid-sized U.S. businesses may get a lifeline from the federal government.

The company's shares rose 33 cents, or 24.4 percent, to $1.68 in morning trading after falling to a 52-week low of $1.08 during Monday'

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