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Stock impact report

Ally Financial Pops on Q4 Earnings Beat and $2 Billion Buyback [Yahoo! Finance]

Ally Financial Inc. (ALLY) 
Last ally financial inc. earnings: 4/20 07:30 am Check Earnings Report
US:NYSE Investor Relations: ally.com/about/investor
Company Research Source: Yahoo! Finance
Shares of financial services firm Ally jumped 7% on Wednesday after the company reported record EPS growth. The company also announced that it has authorized a $2 billion stock buyback program. Interested in Ally Financial Inc.? Here are five stocks we like better. Over the past month, the financial services sector has been the worst performer in the S&P 500, down 2.99%. Over the past six months, its paltry 1.26% gain ranks second-worst. But as Q4 earnings season begins in earnest, bank stocks are already demonstrating the sector's long-term value as earnings beats and strong forward guidance aim to reinvigorate investor confidence. ? Lemonade's Tesla Deal Could Rewrite How Auto Insurance Is Priced Such was the case when online bank Ally Financial (NYSE: ALLY) reported Q4 and full-year financials on Wednesday, Jan. 21, with the market reacting positively and pushing shares nearly 7% higher. When Ally posted Q4 earnings, it announced earnings per share (EPS) of $1.09, wh Show less Read more
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