Ally Sees 4Q Income Gain as it Swings to Profit

Ally Financial Inc. Tuesday (Jan. 31) reported fourth-quarter net income of $248 million, after reporting a loss in the same period a year earlier. The Associated Press reported that the Detroit-based company said it had net income of 52 cents per share. Earnings, adjusted for one-time gains and costs, came to 54 cents per share. […]