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— - 1 Ally - 1 Russell Hutchinson - 1 Hutchinson - 1 " Hutchinson - 1 Ally Financial's - 1 Sanjay Sakhrani - 1 Ally's - 1
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3 mentions found


☆ Ally Financial plunges 19% after CFO says its borrowers are struggling
  + stars: | 2024-09-10 | by ( Matthew Fox | ) www.businessinsider.com   time to read: +3 min
Ally Financial shares dropped 19% Tuesday after its CFO warned of weaker financial health among borrowers. Ally Financial, a major auto lender, expects rising delinquency rates going forward. AdvertisementShares of Ally Financial plunged as much as 19% on Tuesday after the company's CFO said it is seeing a deterioration in the financial health of its consumers. He added: "We're clearly dealing with a cohort of borrowers who have been struggling with cost of living and now are struggling with an employment picture that's worsened." Overall, Ally Financial's comments are not encouraging for the consumer picture, but Ally Financial is known for catering to borrowers with credit scores in the lower to middle ranges.
Persons: —, Ally, Russell Hutchinson, Hutchinson, " Hutchinson, Ally Financial's, Sanjay Sakhrani, Ally's, Sakhrani Organizations: Financial, Ally, Service, Barclays
☆ Ally Financial and USGA strike deal as U.S. Women's Open purse reaches new record
  + stars: | 2024-02-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlly Financial and USGA strike deal as U.S. Women's Open purse reaches new recordAlly Financial's Stephanie Marciano, Lilia Vu, the World's No.1 golfer, and Mike Whan, U.S. Golf Association CEO, join 'Power Lunch' to discuss the new partnership between the USGA and Ally Financial.
Persons: Ally Financial's Stephanie Marciano, Lilia Vu, Mike Whan Organizations: Financial, USGA, . Golf Association, Ally
☆ Stocks making the biggest moves midday: Salesforce, Five Below, Okta, Costco and more
  + stars: | 2022-12-01 | by ( Samantha Subin | ) www.cnbc.com   time to read: +4 min
Salesforce did report earnings and revenue that beat analyst expectations for the most recent quarter, however. Costco – Shares of retailer Costco shed nearly 6% after the company reported softer-than-expected sales figures for November that could signal a weak consumer heading into the holiday shopping season. The cloud data platform provider reported earnings that beat expectations but provided light revenue guidance, which sent the stock lower after-hours Wednesday. The company reported 29 cents of earnings per share on $645 million of revenue. The lingerie company reported earnings of 29 cents per share on revenue of $1.32 billion.
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