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Fly News Breaks for April 22, 2019
ALLY
Apr 22, 2019 | 09:32 EDT
BMO Capital analyst James Fotheringham raised his price target on Ally Financial to $39 after its Q1 earnings beat. The analyst is keeping his Market Perform rating however, saying he is concerned about the company's capital, with 9.3% B3CET1 ratio as the "lowest among its cohort". The analyst add that he prefers other opportunities among his coverage of large-cap banks, specialty lenders, and financial technology stocks.
News For ALLY From the Last 2 Days
ALLY
Jul 18, 2019 | 16:27 EDT
Stocks spent the morning in the red following last night's report from the WSJ that trade talks have "stalled" and a disappointing quarterly report from Netflix (NFLX). Another well known... To see the rest of the story go to thefly.com. See Story Here
ALLY
Jul 18, 2019 | 12:13 EDT
Stocks have been weaker in early trading after worse than expected subscriber growth was reported by "FANG" member Netflix and following last night's report from the WSJ that trade talks have "stalled" as the U. S... To see the rest of the story go to thefly.com. See Story Here
ALLY
Jul 18, 2019 | 07:35 EDT
Reports Q2 adjusted revenue $1.56B, consensus $1.53B. Reports Q2 consolidated net charge-off rate of 0.56%, down 1 bp YoY. Total deposits were up $17.6B YoY to $116.3B.