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Auto Finance Broker News

Ally Doubles Profit as Results From Mortgage Unit Improve - Bloomberg


Ally Doubles Profit as Results From Mortgage Unit Improve
Bloomberg
Ally Financial Inc. (ALLY), the auto and home lender bailed out by US taxpayers, said first-quarter profit more than doubled as mortgage results improved. Net income climbed to $310 million from $146 million a year earlier, Detroit-based Ally said in a ...

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Ally Gets Nod for ResCap Filing as U.S. Seeks Repayment - Bloomberg


Bloomberg

Ally Gets Nod for ResCap Filing as U.S. Seeks Repayment
Bloomberg
Ally Financial Inc. (ALLY), the auto lender majority-owned by taxpayers, received US Treasury Department approval to put its Residential Capital unit into bankruptcy as the government seeks to recover bailout funds. The Treasury will support directors ...
Ally Gets Nod for ResCap Filing as US Seeks RepaymentBusinessWeek

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Wall Street's messy May gets a little worse - BusinessWeek


Wall Street's messy May gets a little worse
BusinessWeek
"We're in a period where there's little conviction to buy," said Richard Cripps, chief investment officer at broker Stifel Financial. "The road ahead is too uncertain because of European concerns and the presidential election later this year.

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Wall Street's messy May gets a little worse - DailyFinance


Wall Street's messy May gets a little worse
DailyFinance
"We're in a period where there's little conviction to buy," said Richard Cripps, chief investment officer at broker Stifel Financial. "The road ahead is too uncertain because of European concerns and the presidential election later this year.

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Schwab Research Finds Gap Between Employer and Employee Views on Retirement ... - MarketWatch (press release)


Schwab Research Finds Gap Between Employer and Employee Views on Retirement ...
MarketWatch (press release)
CFO Research Services, on behalf of Schwab, surveyed more than 200 senior finance and human resources executives from large and mid-sized US companies about their perceptions of 401(k) plans in the workplace. Key findings include: -- More than half ...

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Sensex closes 40 points higher - Zee News


Zee News

Sensex closes 40 points higher
Zee News
Yesterday, it had fallen by 298.16 points or 1.83 percent after a global turmoil in financial markets on fears of Greece's exit from Eurozone. Brokers said the investors are still wary about the present uncertain scenario and preferred to lock gains ...
Sensex closes 112 pts up; snaps 5 day losing streakmydigitalfc.com
Sensex dips below 16k level again on foreign funds sellingSahara Samay

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Samvardhana Motherson Finance withdraws Rs 1665-crore IPO - Economic Times


Samvardhana Motherson Finance withdraws Rs 1665-crore IPO
Economic Times
MUMBAI: Samvardhana Motherson Finance (SMFL) is not a familiar name to ordinary investors. This will change after Friday with the name getting associated with the second-largest IPO withdrawal in Indian capital market history.

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