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 ...
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 price target raised to $41 from $40 at TD Cowen
TD Cowen raised the firm’s price target on Ally Financial (ALLY) to $41 from $40 and keeps a Buy rating on the shares. The firm said the Q4 ...
Investopedia13d
Ally Financial Stock Surges as Company Beats Profit Estimates, Sells Credit Card Business
The all-digital bank and auto loan provider also sold its credit card business to CardWorks. Ally Financial (ALLY) shares surged Wednesday after the financial firm posted fourth-quarter earnings ...