CardWorks agreed to buy the business, including a $2.3 billion credit-card loan portfolio with 1.3 million active cardholders ...
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 shares surged Wednesday after the financial firm topped earnings and revenue estimates as it cut costs, and ...
Shares of Ally Financial advanced after fourth-quarter results beat analyst projections and the company inked a deal to sell its credit-card business. The stock was up 5% at $40.08 in early trading.
(Reuters) - Consumer lender Ally Financial has agreed to sell its credit card business to credit and payments firm CardWorks, ...
We recently compiled a list of the 15 Best Growth Stocks to Buy for the Next 5 Years. In this article, we are going to take a look at where Carvana Co.
Carvana, the online used-car retailer that ... Steven Goldstein is based in London and responsible for MarketWatch's coverage of financial markets in Europe, with a particular focus on global ...
Carvana's turnaround is overshadowed by its inflated valuation and questionable financial practices. Read why it's best to ...
A recent short-seller report suggests Carvana is using unethical accounting, lax underwriting, biased auditors and ...
Carvana’s stock went through some wild swings ... is a member of The Motley Fool's board of directors. Ally is an advertising partner of Motley Fool Money. Leo Sun has positions in Amazon.
We recently published a list of 10 Firms Post Strong Gains Amid Wall Street Bloodbath. In this article, we are going to take ...
After a stellar 2024, which saw Carvana's CVNA stock skyrocket over 300%, the online used-car e-retailer had a tumultuous start in 2025. Shares of CVNA have seen wild price action after Hindenburg ...