Ally Financial Inc

ALLY: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Ally Financial Earnings: Lower Costs Support a Recovery in Earnings

Ally Financial reported solid earnings with adjusted EPS coming in at $0.78 versus $0.40 last year. This was largely due to lower operating and credit costs as total adjusted revenue only increased 3.6% over the same period. Ally also announced that it will be selling its credit card portfolio.

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