Ally Financial is set to exit the mortgage origination and credit card businesses. It intends to right-size the organization ...

Brandon Berman, an analyst from Bank of America Securities, reiterated the Buy rating on Ally Financial (ALLY – Research Report). The ...

About 2,400 people work for Ally in Charlotte. The company said it would cut “less than 5%” of its workforce to help ...

Goodyear Tire is set to sell its Dunlop brand to Japan's Sumitomo Rubber. Carvana renews used car loan sale deal with Ally Financial.

Ally Financial Inc. will cut jobs, end mortgage originations and consider strategic alternatives for its credit-card business ...

While the online retailer is facing much criticism and serious allegations from the investment community, Carvana gained more ...

Ally Financial said Wednesday it will enact a layoff of less than 5% of its 11,000-employee workforce, as well as exit the mortgage-origination business, as the company is burdened by borrowers ...

Why it matters: While Ally Financial is best known for its auto lending business, the firm has long held a modest but material mortgage lending business, with mortgages making up more than 12% of ...

Ally Financial became an independent publicly traded firm in 2014 and is one of the largest consumer auto lenders in the country. While the firm has expanded its product offerings over time ...

Citi analyst Keith Horowitz has reiterated their bullish stance on ALLY stock, giving a Buy rating on January 3.Stay Ahead of the ...