Hindenburg Research is targeting used car juggernaut Carvana in its latest investigation, which also takes aim at former veep ...
Carvana's turnaround is overshadowed by its inflated valuation and questionable financial practices. Read why it's best to ...
Carvana Co. CVNA has reinstated an agreement to sell $4 billion of used-car loan receivables to Ally Financial. This yearlong deal follows claims by short-seller Hindenburg Research that Ally was ...
Carvana revealed in a filing with the Securities and Exchange Commission on Monday that it amended the second amended and restated master purchase and sale agreement with Ally Financial.
Carvana Co. (NYSE:CVNA) confirmed in an SEC filing that the auto retailer reestablished an agreement with Ally Financial (ALLY) to sell the lender up to $4 billion in used-vehicle loan receivables.
Report questions Carvana's business relationship with DriveTime, Ally Financial Hindenburg’s report stated auto loans are a key part of Carvana’s business model, with 80% of its customers ...
(Bloomberg) -- Carvana Co. said it has reestablished an agreement with Ally Financial Inc. to sell the lender up to $4 billion in used-vehicle loan receivables over the next year, a move that ...
On Monday, the stock rebounded nearly 7% after Carvana announced a renewed agreement with Ally Financial to sell up to $4 billion in used-vehicle loans, countering Hindenburg’s claim that Ally ...
Ally Financial shares surged Wednesday after the financial firm topped earnings and revenue estimates as it cut costs, and ...
CardWorks agreed to buy the business, including a $2.3 billion credit-card loan portfolio with 1.3 million active cardholders ...