On Thursday, Shares of General Motors Company (NYSE:GM), lost -0.58% to $31.01, to add to its losses from yesterday when the stock hit the skids after the company issued two recalls.
The automaker plans to fix the motors function on ventilation fans, which have been stated to overheat, and in the worst case spark a fire.
The second recall is for about 51,000 subcompact cars in North America.
GM needs to fix more than 50,000 Chevrolet Sparks and Sonics cars, due to an issue that disables some warning functions.
General Motors Company designs, builds, and sells cars, crossovers, trucks, and automobile parts worldwide. It operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial segments.
Shares of Staples, Inc. (NASDAQ:SPLS), declined -0.52% to $15.25, during its last trading session.
Staples, is building on its decades-long support of teachers, students and education with a $10 million pledge to support Think It Up™. Think It Up, a program launched by The Entertainment Industry Foundation, is a new movement created to inspire students to pursue their passions through student-powered, teacher-led learning projects with support from Staples for Students.
As a lead donor, Staples has teamed up with multi-talented recording artist, actor and Think It Up Ambassador Nick Jonas to assist raise awareness of the need to support learning projects in classrooms across the country. Jonas appears in a Public Service Declaration that was revealed recently. The public awareness campaign encourages students to collaborate with their teachers on projects that will assist innovate their classroom experience.
Staples, Inc., together with its auxiliaries, operates office products superstores. It operates through three segments: North American Stores & Online, North American Commercial, and International Operations.
Finally, Informatica Corporation (NASDAQ:INFA), ended its last trade with 0.05% gain, and closed at $48.48.
Informatica Corporation, declared two executive appointments to further strengthen the leadership team. Ginna Raahauge has joined as senior vice president and chief information officer (CIO), reporting to Mike Berry, executive vice president and chief financial officer. Additionally, Jeff Moses will serve as senior vice president of Cloud Sales, reporting to Charles Race, executive vice president of Worldwide Field Operations.
Raahauge brings more than two decades of technology and business leadership experience to her role as CIO at Informatica. Her focus will be on building a world-class IT organization in addition to enhancing the Cloud services. Most recently, Raahauge was the senior vice president and CIO of Riverbed, where she was responsible for efficiently enabling growth by delivering enterprise technology platforms for new business models.
Informatica Corporation provides enterprise data integration software and services worldwide. Its enterprise data integration products comprise PowerCenter, PowerExchange, and Data Integration Hub, in addition to PowerCenter Express, an entry-level data integration and profiling edition for departments or small to mid-market business, and cloud data integration solutions.
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