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Sunday 13 September 2015
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Stocks in Focus - General Motors Company (NYSE:GM), f The Charles Schwab Corporation (NYSE:SCHW), American International Group, Inc. (NYSE:AIG)

On Thursday, Shares of General Motors Company (NYSE:GM), gained 2.53% to $30.

The General Motors Foundation declared grants totaling $1 million to fund Hispanic education and science, technology, engineering and math initiatives to assist empower young Latinos to join the workforce of the future.

Grace Lieblein, General Motors vice president of Global Quality, declared the grants during a press conference at the National Press Club, where she was joined by GM Foundation Vice President Lori Wingerter, Chief Diversity Officer Ken Barrett, U.S. Rep. Tony Cárdenas, D-Calif., and representatives from Hispanic organizations.

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 The Charles Schwab Corporation (NYSE:SCHW), inclined 0.07% to $30.60, during its last trading session.

Schwab Compliance Technologies, Inc., a leading provider of advanced employee monitoring services, declared recently that it issued a Service Organization Control (SOC) 2 Type II report for Security.

“Schwab Compliance Technologies is responsible for monitoring the trading activity of hundreds of thousands of employees who work for the client firms we serve. Every day we receive about 20,000 data feeds from more than 2,000 broker-dealers all over the country, and our clients want assurance that their employee information is secure with us,” said Scott Rister, vice president and general manager, Compliance Solutions. “Our report assists assure the integrity of the services we provide to client firms while making it easier for them to receive the due diligence information they need.”

The Charles Schwab Corporation, through its auxiliaries, provides wealth administration, securities brokerage, banking, money administration, and financial advisory services. The company operates through two segments, Investor Services and Advisor Services.

Finally, American International Group, Inc. (NYSE:AIG), ended its last trade with -0.05% loss, and closed at $58.22.

American International Group Private Client Group, a division of American International Group, Inc. (AIG) that serves high net worth policyholders, recently introduced wearable collections coverage, a unique, specialized insurance solution for couture and designer wearable collections.

The new couture product offers coverage not typically found in a homeowners policy and recognizes the high value placed on the fine craftsmanship of high-end designer fashions and wardrobe accessories.

The insurance covers couture and ready-to-wear garments, shoes, handbags, and vintage and historic clothing. It addresses damage caused by flood, mold, and moths, risks often excluded from a homeowners policy. Coverage for custom, work-in-progress couture and shoes is also offered, as is reimbursement of expenses for clients who protect their couture by removing it from the home in advance of an impending threat.

In addition, the insurance covers dry cleaning and wardrobe preparation expenses by a high-end garment care specialist following a covered loss— a common prerequisite for acceptance into a secure garment storage facility.

American International Group, Inc. provides insurance products and services for commercial, institutional, and individual customers in the United States, the Asia Pacific, and internationally.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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