Tuesday, July 29, 2014

Ally Financial Swings to Profit

Ally Financial Inc., the lender partially owned by the U.S. government, swung to a profit in the second quarter as the firm bounced back from a year-ago quarter weighed down by a massive charge, while its core auto-lending business logged strong originations.



from WSJ.com: US Business http://ift.tt/UIEscb

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