February 5, 2013 / 1:15 PM / 5 years ago

Ally Financial posts profit on tax benefit

Feb 5 (Reuters) - Ally Financial Inc, the auto lender 74 percent-owned by the U.S. government, posted a fourth-quarter profit, helped by a tax benefit.

The Detroit-based company, once the auto lending arm of General Motors Co, said it earned $1.44 billion, in the fourth quarter, compared with a loss of $206 million, a year earlier.

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