Key Takeaways Ally Financial posted fourth-quarter earnings and revenue that topped estimates as it reduced expenses.CEO ...
The auto lender is selling its credit card business and halting new mortgage loans, abandoning its once-broader ambitions.
Ally Financial is largely an auto lender, created when the business was spun off from General Motors. The company carries an ...
(Reuters) -Consumer lender Ally Financial has agreed to sell its credit card business to credit and payments firm CardWorks, ...
CardWorks agreed to buy the business, including a $2.3 billion credit-card loan portfolio with 1.3 million active cardholders ...
Ally Financial ( ALLY 1.11%) has underperformed the market over the past year, with fears of rising defaults and demand ...
Wells Fargo analyst Donald Fandetti maintained a Sell rating on Ally Financial (ALLY – Research Report) yesterday and set a price target of ...
MoneyShow presents top investment ideas for 2024 from leading advisors. Part 6 includes Medpace Holdings, Ally Financial, ...
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 ...