Fox Business - The Power to Prosper
Search Site

Wednesday, April 7, 2010 as of 11:14 AM ET

TD Bank

Ally Says Auto Partnerships Strong Despite Chrysler Decision

Ally Financial Inc.

is determined to diversify its auto-lending partners as it faces the potential loss of loan volume from Chrysler Group LLC, Ally executives said Thursday.They downplayed the potential effect of the auto maker's decision to terminate a key financing contract next year, stressing that Ally's overall relationship with Chrysler dealers should remain intact."We fully planned for this," Jeff Brown, senior executive vice president of finance and corporate planning for Ally, said during a first-quarter-earnings conference call. "This was not a surprise to us. Our financial plans for this year had assumed a decrease in this level and we're not bothered by it."Chrysler said Wednesday it told Ally it would not renew the contract after it expires April 30, 2013. The auto maker was required to give notice by the end of this month if it didn't plan to continue the deal, which would have automatically renewed for another year.The move comes as Ally, which remains majority-owned by...

Read More

  1. Cash-Back Card Survey: Best Return for Your Buck?

    When it comes to credit card rewards, cash back is a popular option. In fact, nearly 45% of offers for rewards credit cards sent in 2011 were for cash-back cards, ac...

  2. Ally Could Unload Auto Lending, Banking Units

    Government-controlled Ally Financial, which owes U.S. taxpayers billions of dollars of bailout cash, is reportedly mulling selling off all or part of its auto lendin...

  3. The Growing Popularity of Personal Loans

    SmartCredit.com Consumer Education President John Ulzheimer on the pros and cons of personal loans offered by banks.

  4. TD Ameritrade Shareholders Approve Say-On-Pay Proposal On Executive Compensation

    TD Ameritrade Holding Corp. (AMTD) shareholders, on an advisory basis, approved compensation for executives of the online brokerage including Chief Executive Fred To...

  5. Schwab Capital In Focus As Money Market Fund Reform Looms

    Looming money market fund regulations have analysts talking about Chuck's capital.Charles Schwab Corp. (SCHW), which manages roughly $160 billion in money market fun...

  6. Shipping Company TBS International Files For Chapter 11

    International shipping company TBS International Plc (TBSI) filed for Chapter 11 bankruptcy protection Monday, blaming factors that have led other shipping companies...

  7. Financial Stocks Drag On Canadian Market

    Canadian stocks dipped Thursday as the financial sector underperformed the broader market. The S&P/TSX Composite Index fell 0.3% led down by the S&P/TSX Capped Finan...

  8. Mining, Financial Stocks Weigh On Canadian Market

    Canadian stocks fell Wednesday, once again pressured by the financial and mining sectors, as gold prices declined. The S&P/TSX Composite Index declined 0.4% with the...

  9. Canada Stocks Decline On Materials, Industrials

    Canadian stocks fell Tuesday led by declines in the financial, materials and industrial sectors. The S&P/TSX Composite Index fell 0.8% as the S&P/TSX Capped Industri...

  10. Update: US-Marketed-Covered-Bond Issuance Hits January Record

    Covered-bond issuance is off to a record start as investors seek top-rated debt with a higher yield than Treasurys.The Bank of Montreal's (BMO, BMO.T) $2 billion cov...

  11. Four Tried-and-True Ways to Slash Rising ATM Fees

    It sounds like a familiar refrain, but some big banks are upping their ATM fees again.These fees are aimed at folks who use outside ATMs. TD Bank now charges its cus...

  12. Canada Stocks Hesitate; Financials Lead Decliners

    Canadian stocks wavered early Thursday as investors digested Wednesday's sharp rally, which was the biggest one-day gain for Canada's main stock index since March 20...

  1. Oil May Hit $180 If Hormuz Is Disrupted: Economist

    A disruption in the Middle East with a shutdown of a strategic oil waterway, the Strait of Hormuz, could drive oil prices up to $180 a barrel, said Craig Alexander, ...

  2. How Investors Can Seize Opportunities in Europe

    Scout Investments Chief International Strategist Jim Moffett on how investors can grow their portfolio by investing in Europe and Japan.

  3. TD Bank Sells Largest US Dollar Covered Bond Deal Of 2012

    Toronto-Dominion Bank (TD, TD.T) sold the largest U.S.-dollar-denominated covered bond issue of 2012 in the U.S. private-placement bond markets Monday, just one of t...

  4. TD Bank Issuing Largest US Dollar Covered Bond Deal Of 2012

    Toronto-Dominion Bank (TD, TD.T) is marketing the largest dollar-denominated covered bond issue of 2012 in the U.S. private-placement bond markets Monday.Early prici...

  5. National Bank Posts Higher 1Q Profit

    DOW JONES NEWSWIRESNational Bank of Canada (NA.T) posted record results in the fiscal first quarter, benefitting from strong volume growth in personal and commercial...

  6. Toronto -Dominion Bank Posts C$1.5 Billion 1Q Profit, Hikes Dividend

    DOW JONES NEWSWIRESToronto-Dominion Bank (TD) posted a first-quarter profit of almost C$1.5 billion, bolstered by record retail earnings, and while results came in j...

  7. Toronto -Dominion Agrees To Pay $170 Million Settlement In Ponzi Case -Report

    DOW JONES NEWSWIRESToronto-Dominion Bank (TD, TD.T) has agreed to pay $170 million to settle claims by investors in the $1.2 billion-plus Ponzi scheme of former Flor...

‹ Prev12345Next ›
Freebase CC-BY
Source: TD Bank on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL