UPDATE 2-Ally Financial quarterly profit hurt by settlement charge

Newswire

By Peter Rudegeair Feb 6 (Reuters) - Ally Financial Inc, the auto lender owned in part by the U.S. government, posted a lower fourth-quarter profit, hurt by a $98 million charge related to a settlement with federal regulators. The company's core auto lending business slowed in the fourth quarter. New loans totaled $8.2 billion, down 8 percent from the same period in 2012 due to the expiration of an agreement to be the preferred lender of ...

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