Shares of Ally Financial Inc (ALLY) soared over 9% in Wednesday’s pre-market session after the company’s fourth-quarter earnings topped Wall Street estimates and net income more than doubled. Adjusted revenue stood at $2.
Ally Financial (ALLY) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus ...
Buffett's financial stocks include major holdings such as American Express and Bank of America. Jefferies Financial has been his biggest winner recently, while Ally Financial is the cheapest and offers the juiciest dividend.
Ally Financial (NYSE: ALLY) became a standalone company in 2014 when it was spun off from General Motors (NYSE: GM). This is actually pretty important because it speaks to Ally Financial's business model of making auto loans.
DETROIT (AP) — DETROIT (AP) — Ally Financial Inc. (ALLY) on Wednesday reported fourth-quarter earnings of $108 million. On a per-share basis, the Detroit-based company said it had net income of 26 cents. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were 78 cents per share.
Ally Financial (ALLY) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture ...
Wall Street's main indexes opened lower on Monday, as the surging popularity of a low-cost Chinese artificial intelligence model sparked a selloff in chipmaker Nvidia and other companies that stand to benefit from investments into the technology.
Ally Financial (NYSE:ALLY), formerly known as GMAC Inc., is a major player in the finance sector, offering a range of financial products and services. With a market capitalization of nearly $12 billion and a price-to-book ratio of 1.
Wall Street is tumbling on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under threat from a competitor in China.
And two kinds of stocks have plenty of momentum these days: mega-cap monsters with market caps of $200 billion or more and stocks with a major focus on artificial intelligence (AI). But can the high-flying ways of these stocks continue?
Trump has previously promised to reinstate the 8,000 personnel who were discharged, with full backpay expected to be given. This move would follow his revoking of a mandate that federal workers must be vaccinated against Covid introduced by Joe Biden, one of a number of reversals of his predecessors policies.
Ally Financial ( ALLY 1.11%) has underperformed the market over the past year, with fears of rising defaults and demand concerns weighing on the bank's stock. However, the company just announced some big moves, and 2025 could be a major inflection point for this business.