Is Ally Financial a Millionaire Maker?
Ally Financial (NYSE: ALLY) became a standalone company in 2014 when it was spun off from General Motors (NYSE: GM). This is ...
American Banker13d
Ally steers back to auto after brief credit card venture
The auto lender is selling its credit card business and halting new mortgage loans, abandoning its once-broader ambitions.
Ally Financial Stock Surges as Company Beats Profit Estimates, Sells Credit Card Business
Key Takeaways Ally Financial posted fourth-quarter earnings and revenue that topped estimates as it reduced expenses.CEO ...
Crain's Detroit13d
Ally Financial offloads credit card business, $2.3B loan portfolio
CardWorks agreed to buy the business, including a $2.3 billion credit-card loan portfolio with 1.3 million active cardholders ...
Ally Shares Soar as Expenses, Loan-Loss Provisions Decline
Ally Financial Inc. fourth-quarter earnings surged as its net interest margin beat analysts’ estimates and expenses and ...
The Motley Fool13d
Is Ally Financial a Millionaire Maker?
Ally Financial is largely an auto lender, created when the business was spun off from General Motors. The company carries an investment grade rated balance sheet and has a 3.3% dividend yield.