financetom
ALLY
financetom
/
Financials
/
ALLY
All stocks News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Commodities
Ally Financial Inc.ALLY
USD
- At close
USD
- Until the end
The complete list of US stocks
1D
5D
1M
1Y
5Y
MAX
Overview >
% Change
Description >

Ally Financial Inc., a digital financial-services company, provides various digital financial products and services to consumer, commercial, and corporate customers primarily in the United States and Canada.

It operates through Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations segments.

The Automotive Finance Operations segment offers automotive financing services, including providing retail installment sales contracts, loans and operating leases, term loans to dealers, financing dealer floorplans and other lines of credit to dealers, warehouse lines to automotive retailers, and fleet financing.

It also provides financing services to companies and municipalities for the purchase or lease of vehicles, and vehicle-remarketing services.

The Insurance Operations segment offers consumer finance protection and insurance products through the automotive dealer channel, and commercial insurance products directly to dealers.

This segment provides vehicle service and maintenance contract, and guaranteed asset protection products; and underwrites commercial insurance coverages, which primarily insure dealers' vehicle inventory.

The Mortgage Finance Operations segment manages consumer mortgage loan portfolio that includes bulk purchases of jumbo and low-to-moderate income mortgage loans originated by third parties, as well as direct-to-consumer mortgage offerings.

The Corporate Finance Operations segment provides senior secured leveraged cash flow and asset-based loans to middle market companies; leveraged loans; and commercial real estate product to serve companies in the healthcare industry.

The company also offers commercial banking products and services. In addition, it provides securities brokerage and investment advisory services.

The company was formerly known as GMAC Inc. and changed its name to Ally Financial Inc. in May 2010.

Ally Financial Inc. was founded in 1919 and is based in Detroit, Michigan.

Latest News >
Abu Dhabi's ADNOC mulls bid for Aethon's US natgas assets, Bloomberg News reports
Abu Dhabi's ADNOC mulls bid for Aethon's US natgas assets, Bloomberg News reports
Apr 11, 2025
(Reuters) - Abu Dhabi state oil company ADNOC is considering a bid for natural gas assets of investment firm Aethon Energy Management that could potentially be worth about $9 billion, Bloomberg News reported on Friday, citing people familiar with the matter. ADNOC has done a string of acquisitions in gas and chemicals, which along with LNG and renewables it considers...
Market Chatter: Boeing Jet Delivery to Juneyao Airlines Delayed Amid Trade Tension
Market Chatter: Boeing Jet Delivery to Juneyao Airlines Delayed Amid Trade Tension
Apr 11, 2025
11:10 AM EDT, 04/11/2025 (MT Newswires) -- Boeing's ( BA ) delivery of a 787-9 Dreamliner to China's Juneyao Airlines has been delayed, Bloomberg News reported Friday, citing sources with knowledge of the matter. The airline was scheduled to take delivery of the widebody jet worth approximately $120 million in about three weeks, but chose to postpone it after US...
Avis Budget Group, Hertz Global Holdings Could Benefit From US Tariffs, BofA Securities Says
Avis Budget Group, Hertz Global Holdings Could Benefit From US Tariffs, BofA Securities Says
Apr 11, 2025
11:09 AM EDT, 04/11/2025 (MT Newswires) -- Rental car companies Avis Budget Group ( CAR ) and Hertz Global Holdings ( HTZ ) could benefit from US auto tariffs that can lead to lower depreciation per unit or DPU, BofA Securities said in a Friday note. For the full year 2025, we expect the tariffs could drive used vehicle prices...
Argo Gold Shares Rise as It Agrees to Acquire the Dreaver Lake Property in Saskatchewan
Argo Gold Shares Rise as It Agrees to Acquire the Dreaver Lake Property in Saskatchewan
Apr 11, 2025
11:09 AM EDT, 04/11/2025 (MT Newswires) -- Argo Gold ( ARBTF ) traded higher after the company on Friday said it reached an option agreement to acquire the 1,155-hectare Dreaver Lake property in Saskatchewan. Argo, which has already paid $1,000 in cash, must incur $40,000 in exploration funding by September 2026 and grant the vendor a 2% net smelter returns...
Copyright 2023-2025 - www.financetom.com All Rights Reserved