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4-Traders Homepage  >  Equities  >  Nyse  >  General Motors Company    GM

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General Motors Company : Ally Financial to Sell About $1 Billion in Common Stock -CNBC

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08/16/2013 | 06:11pm CET

Ally Financial Inc. plans to sell about $1 billion of its common stock, possibly as early as later Friday, CNBC reported, citing people familiar with the matter.

Proceeds from the offering could be used to pay back the Treasury Department for its holding of a convertible preferred stake in Ally as well as boosting the company's capital levels.

Full story at: www.cnbc.com

Write to nymonitoring@dowjones.com

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Financials ($)
Sales 2016 163 090 M
EBIT 2016 11 553 M
Net income 2016 9 463 M
Finance 2016 8 048 M
Yield 2016 4,22%
P/E ratio 2016 6,02
P/E ratio 2017 6,37
EV / Sales 2016 0,28x
EV / Sales 2017 0,29x
Capitalization 53 977 M
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Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 36,0 $
Spread / Average Target 1,7%
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NameTitle
Mary Teresa Barra Chairman & Chief Executive Officer
Daniel Ammann President
Charles K. Stevens Chief Financial Officer & Executive Vice President
Randall D. Mott Chief Information Officer & Senior Vice President
Kathryn V. Marinello Independent Director
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