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Ally, CardWorks
Consumer lender Ally Financial to sell credit card business to CardWorks
(Reuters) -Consumer lender Ally Financial has agreed to sell its credit card business to credit and payments firm CardWorks, the companies said on Wednesday. Shares of Ally jumped 8.6% in premarket trading.
Ally drops credit card business, posts quarterly profit
Auto lender Ally Financial said Wednesday that it's officially ending its foray into credit cards under a broader restructuring, even as credit issues in its flagship auto loan business showed signs of waning. Your complimentary guest account includes access to a limited number of articles.
Ally Offloads Credit-Card Business, $2.3 Billion Loan Portfolio
Ally Financial Inc. reached a deal to offload its credit-card unit to CardWorks Inc., bowing out of a business it entered just over three years ago.
Ally to sell credit card business to CardWorks
Plans for the sale were hinted at earlier this year, a month after the CEO said the business wasn’t within Ally’s core focus.
Ally Financial To Sell Its Credit Card Business - Quick Facts
Ally Financial (ALLY) and CardWorks announced they have entered into a definitive agreement for CardWorks, and its wholly-owned bank
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 Michael Rhodes said Ally "took significant action" in the quarter to improve its finances.
Ally Financial divests credit card business to CardWorks
This move aligns with Ally's mission to focus on its core services, including approximately 10 million customers in banking, brokerage, and auto financing. CardWorks, with its 38-year history in credit and payments,
Ally and CardWorks Reach Agreement on Sale of Ally's Credit Card Business
Ally Financial Inc. (NYSE:?ALLY) and CardWorks, Inc. today announced that they have entered into a definitive agreement for CardWorks, and its wholly-owned bank subsidiary, Merrick Bank, to acquire Ally's credit card business,
8h
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 ...
4h
on MSN
Putin's Closest Ally Attacks Donald Trump
Alexander Lukashenko, the president of Belarus, has criticized Trump's inauguration speech, the executive orders he signed, ...
5h
on MSN
James Kennedy and Ally Lewber are ‘all but broken up’ after his domestic violence arrest: report
On Dec. 10, the “Vanderpump Rules” alum was arrested after he allegedly grabbed Lewber during a fight and threw her on the ...
3h
The Asus ROG Ally is down to its lowest-ever price at Best Buy
Today, you can buy the Asus ROG Ally at Best Buy for $449.99 (was $649.99). That’s the lowest price it’s ever been.
1d
on MSN
NATO Ally Sends New Aid Package to Ukraine
Lithuania seems to be sending a message that it will continue its support for Ukraine whether the U.S. continues to do so or ...
Game Rant
1h
The ASUS ROG Ally Gets A Limited-Time $200 Discount And A Free Travel Case On Best Buy
The console also comes with a 60-day free trial of Crunchyroll's Mega Fan tier for new subscribers, which works out as a $24 ...
23h
Save $200 Off the Asus ROG Ally Z1 Extreme Handheld Gaming PC, Now Only $449.99
The Asus ROG Ally Z1 Extreme is a Windows 11 based gaming handheld PC. This is the higher end of the two Asus ROG Ally models ...
23h
ASUS ROG Ally with Ryzen Z1 Extreme gets even cheaper today, $200 off!
The ASUS ROG Ally with the AMD Ryzen Z1 Extreme chip is even cheaper than last week, saving you a whole $200. Go get yours!
5h
on MSN
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 ...
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