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Ally Financial Inc (ALLY.N)

ALLY.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Ally Announces Non-Objection To 2018 Capital Plan
Thursday, 28 Jun 2018 04:45pm EDT 

June 28 (Reuters) - Ally Financial Inc ::ALLY ANNOUNCES NON-OBJECTION TO 2018 CAPITAL PLAN.ALLY FINANCIAL INC - CAPITAL PLAN INCLUDES A 32% INCREASE IN COMPANY'S SHARE REPURCHASE PROGRAM.ALLY FINANCIAL - INCREASE IN SHARE REPURCHASE PROGRAM PERMITS REPURCHASE OF UP TO $1.0 BILLION OF CO'S COMMON STOCK FROM TIME TO TIME FROM Q3 2018 THROUGH Q2 2019.ALLY FINANCIAL - CAPITAL PLAN INCLUDES 15% INCREASE IN QTRLY CASH DIVIDEND ON COMMON STOCK FROM $0.13/SHARE TO $0.15/SHARE, EXPECTED TO BEGIN IN Q3 2018.  Full Article

Ally Financial Inc Says CEO Jeffrey Brown's FY 2017 Total Compensation Was $8.8 Mln
Friday, 23 Mar 2018 01:16pm EDT 

March 23 (Reuters) - Ally Financial Inc ::ALLY FINANCIAL INC SAYS CEO JEFFREY BROWN'S FY 2017 TOTAL COMPENSATION WAS $8.8 MILLION VERSUS $7.5 MILLION IN FY 2016 - SEC FILING.  Full Article

Ally Financial Sees Adjusted EPS Growth Of 20 Pct To 30 Pct For 2018
Thursday, 15 Mar 2018 07:51am EDT 

March 15 (Reuters) - Ally Financial Inc ::SEES ADJUSTED EPS GROWTH OF 20 PERCENT TO 30 PERCENT FOR 2018 - PRESENTATION SLIDES.2018 CORE ROTCE TARGET OF 10.5 PERCENT - 11.5 PCT‍​.SEES NET FINANCING REVENUE (EXCLUDING CORE OID) UP 6 PERCENT TO 8 PERCENT Y-O-Y FOR Q1 2018.FY2018 EARNINGS PER SHARE VIEW $3.06 -- THOMSON REUTERS I/B/E/S.  Full Article

Ally Financial Inc Says ‍Jennifer A. Laclair Appointed As CFO Of Ally Effective March 1
Thursday, 1 Mar 2018 11:49am EST 

March 1 (Reuters) - Ally Financial Inc ::ALLY FINANCIAL INC SAYS ‍JENNIFER A. LACLAIR ON FEB 26, 2018, WAS APPOINTED AS CHIEF FINANCIAL OFFICER OF ALLY EFFECTIVE MARCH 1, 2018 -SEC FILING​.  Full Article

Ally Financial Names Jenn Laclair CFO Designate With Intent To Succeed Chris Halmy
Tuesday, 12 Dec 2017 09:00am EST 

Dec 12 (Reuters) - Ally Financial Inc ::ALLY FINANCIAL NAMES JENN LACLAIR CHIEF FINANCIAL OFFICER DESIGNATE WITH INTENT TO SUCCEED CHRIS HALMY.ALLY FINANCIAL INC - HALMY WILL RETIRE AS CHIEF FINANCIAL OFFICER EFFECTIVE MARCH 1, 2018​.  Full Article

Appaloosa Lp dissolves share stake in Nucor, Delta Air Lines
Tuesday, 14 Nov 2017 09:25am EST 

Nov 14 (Reuters) - Appaloosa Lp: :Appaloosa Lp ups share stake in Ally Financial Inc to 6.8 million shares from 1.1 million shares - SEC filing‍​.Appaloosa Lp dissolves share stake in Southwestern Energy Co.Appaloosa Lp dissolves share stake in Nucor Corp.Appaloosa Lp dissolves share stake in Delta Air Lines.Appaloosa Lp - Change in holdings are as of Sept 30, 2017 and compared with previous quarter ended as of June 30, 2017​.  Full Article

Ally Financial reports qtrly EPS of $0.63, qtrly adj EPS $0.65​
Wednesday, 25 Oct 2017 07:30am EDT 

Oct 25 (Reuters) - Ally Financial Inc :Ally Financial reports third quarter 2017 financial results.Ally Financial Inc - qtrly EPS $0.63, qtrly adjusted EPS $0.65 ‍​.Q3 earnings per share view $0.59 -- Thomson Reuters I/B/E/S.Ally Financial Inc - return on equity as of Q3 end 8.3 percent versus 7.5 percent at Q2 end‍​.Ally Financial Inc - qtrly net interest margin (NIM) of 2.74 percent, up 5 bps.Ally Financial Inc - core ROTCE as of Q3 end 10.3 percent versus 9.6 percent at Q2 end‍​.Ally Financial Inc - qtrly net financing revenue of $1.08 billion versus $996 million.Ally Financial Inc - auto originations for the quarter totaled $8.1 billion, down from $9.3 billion a year ago.  Full Article

Ally financial says provides summary of 2017 mid-cycle stress test results
Thursday, 5 Oct 2017 05:06pm EDT 

Oct 5 (Reuters) - Ally Financial Inc :Ally Financial Inc says is providing summary of 2017 mid-cycle stress test results under the severely adverse scenario - SEC filing.Ally Financial says in severely adverse scenario, co’s stress results show about $2.9 billion pre-tax net loss over nine-quarter planning horizon‍​.Ally Financial-projected credit losses total $4.6 billion for total loan portfolio over 9-quarter planning horizon as per stress test results.Ally Financial - stress test results were submitted to Fed on Oct 5 & cover 9-quarter planning horizon starting Q3 2017 & continuing through Q3 2019‍​.  Full Article

Ally announces normalization of regulatory capital requirements at Ally Bank
Tuesday, 22 Aug 2017 04:05pm EDT 

Aug 22 (Reuters) - Ally Financial Inc :Ally announces normalization of regulatory capital requirements at Ally Bank.Ally Financial Inc - ‍Ally Bank expected to distribute a dividend of approximately $2.9 billion to Ally Financial Inc. During Q3 of 2017​.  Full Article

Appaloosa dissolves share stake in Teva Pharmaceutical, Goodyear Tire & Rubber
Monday, 14 Aug 2017 05:13pm EDT 

Aug 14 (Reuters) - Appaloosa LP::Appaloosa LP dissolves class A share stake in Charter Communications Inc - sec filing.Appaloosa LP dissolves share stake in Teva Pharmaceutical Industries Ltd - sec filing.Appaloosa LP takes share stake of 1.1 million shares in Ally Financial Inc.Appaloosa LP dissolves share stake in Goodyear Tire & Rubber Co - sec filing.Appaloosa LP cuts share stake in Kinder Morgan Inc from 5.3 million shares to 3.9 million shares - sec filing.Appaloosa LP ups share stake in Unitedhealth Group Inc by 55.7 percent to 467,000 shares.Appaloosa LP - change in holdings are as of June 30, 2017 and compared with the previous quarter ended as of March 31, 2017.  Full Article