Key Takeaways Ally Financial posted fourth-quarter earnings and revenue that topped estimates as it reduced expenses.CEO ...
Ally Financial is largely an auto lender, created when the business was spun off from General Motors. The company carries an ...
The auto lender is selling its credit card business and halting new mortgage loans, abandoning its once-broader ambitions.
(Reuters) -Consumer lender Ally Financial has agreed to sell its credit card business to credit and payments firm CardWorks, ...
MoneyShow presents top investment ideas for 2024 from leading advisors. Part 6 includes Medpace Holdings, Ally Financial, ...
Wells Fargo analyst Donald Fandetti maintained a Sell rating on Ally Financial (ALLY – Research Report) yesterday and set a price target of ...
CardWorks agreed to buy the business, including a $2.3 billion credit-card loan portfolio with 1.3 million active cardholders ...
Plans for the sale were hinted at earlier this year, a month after the CEO said the business wasn’t within Ally’s core focus.
In a report released today, Brian Foran from Truist Financial maintained a Buy rating on Ally Financial (ALLY – Research Report). The company’s ...
Ally Financial Inc. reached a deal to offload its credit-card unit to CardWorks Inc., bowing out of a business it entered ...
Ally Financial has agreed to sell its credit-card business to a subsidiary of credit-card servicer CardWorks for an undisclosed amount.
In a report released yesterday, John Pancari from Evercore ISI maintained a Hold rating on Ally Financial (ALLY – Research Report), with a ...