Peter Rudegeair and Ally Financial Incs N

Ally Financial Incs N: Reuters More than half of Ally Financial Incs N shares could hit the market beginning next week and lasting through August, holding back its share price, according to Euro News. The U.S. Treasury, which owns around 16 percent of the auto lender, can also start selling a small amount of shares after June 8, and larger blocks starting August 7 and By Peter Rudegeair and Mike Stone Ally went public in April, though hedge funds and other investors bought about 40 percent of the company privately in November and in January. Those investors agreed to refrain from selling their shares to public investors for six months, which period ends next week for the first set of investors, and in July for the second set. (news.financializer.com). As reported in the news.