Ally Financial posts $565M profit in second quarter
Ally Financial Inc. reported a net profit of $565 million in the second quarter on higher revenue and better operating results, the company said today.
Categories: factoring
Ally Financial Reports Preliminary Second Quarter 2010 Financial Results
Ally Financial Inc. today reported net income of $565 million for the second quarter of 2010, compared to a net loss of $3.9 billion for the second quarter of 2009. Â Core pre-tax income, which reflects income from continuing operations before taxes and original issue discount amortization expense from bond exchanges, totaled $738 million in the second quarter of 2010, compared to a core pre-tax …
Categories: factoring
IFS Capital expects growth rebound, prepares for IPO
The listed factoring and financing firm IFS Capital (Thailand) Plc expects its factoring business to return to normal growth at 10-30% this year, thanks to the improving economy.
Categories: factoring
IFS Capital (Thailand) sets IPO price at 1.35 baht/share to attract investors
IFS Capital (Thailand) Public Company Limited (IFS) has set its IPO price at 1.35 baht per share and will open for share subscription from 30th July to 3rd August 2010. IFS’ shares are expected to mak
Categories: factoring
Anchor Funding Services Rescinds Acquisition of Brookridge Funding Assets
BOCA RATON, Fla., July 16 — Anchor Funding Services, Inc. (OTC:AFNG) (BULLETIN BOARD: AFNG) announc…
Categories: factoring