— Ally Financial Inc. (NYSE: ALLY) reported Q4 2019 earnings of $0.95 per share, vs. $0.93 expected.
— Revenues grew 14% to $1.6 billion, vs. $1.6 billion expected.
— Retail auto application flow was 2.9 million, up 7% year-over-year.
— Consolidated cash and cash equivalents totaled $3.6 billion at quarter-end.
— ALLY shares were up 3% in premarket hours on Wednesday.
The positive effects of widespread digitalization and e-commerce growth on China’s financial services industry became more pronounced during the pandemic as the movement restrictions drove more retail customers to online
Shares of Activision Blizzard Inc. (NASDAQ: ATVI) were up 1.6% on Thursday. The stock has dropped 14% since the start of the year. The company has been in the news
The emergence of technology-driven financial services is making people think beyond conventional banks when it comes to availing loans and transferring funds. In a move aimed at taking its business