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Government selling last stake in Ally Financial
2014-12-19 03:02:18| Automakers - Topix.net
The government is selling the last of its shares in Ally Financial Inc., the former financing arm of General Motors that was bailed out during the financial crisis. Detroit-based Ally said Thursday that the Treasury Department is selling its remaining 54.9 million shares.
Tags: government
financial
selling
stake
Ally Financial overtakes Wells Fargo as top U.S. auto lender
2014-12-01 18:29:53| Auto Dealers - Topix.net
Much of Ally's growth came from financing used car sales, an area where the former in-house finance arm of General Motors Co ( In recent years, banks expanded in the used car market as carmakers' in-house finance arms came to dominate the new car market. In the third quarter, 54.1 percent of used car purchases were financed with a loan, a record high.
Tags: top
auto
financial
wells
ALLY Trial Demonstrates High Cure Rates for Investigational...
2014-11-08 23:40:51| Biotech - Topix.net
Bristol-Myers Squibb Company today announced late-breaking data from the landmark ALLY Trial investigating a ribavirin-free 12-week regimen of daclatasvir in combination with sofosbuvir in genotype 3 hepatitis C patients, a patient population that has emerged as one of the most difficult to treat. The results of the study, which showed sustained virologic response 12 weeks after treatment in 90% of treatment-nai 1 2ve and 86% of treatment-experienced patients, will be presented at The Liver Meeting 2014, the Annual Meeting of The American Association for the Study of Liver Diseases , in Boston, MA, November 7 - 11. "Both treatment nai 1 2ve and treatment experienced patients in the ALLY-3 study achieved high SVR rates.
Auto Dealers Drive Third-quarter Profits Higher At Ally Financial
2014-10-29 16:36:34| Auto Dealers - Topix.net
Commercial auto loan balances, which includes the financing of dealers' inventories, real estate and other operations, increased around 11 percent to around $31 billion. That pace was nearly double the growth in consumer auto loan balances over the same period.
Tags: auto
drive
financial
higher
Maxwell and Corning ally to advance ultracapacitor technology
2014-10-24 11:55:14| Green Car Congress
Tags: technology
advance
ally
maxwell
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