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Sunday 31 May 2015
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Whats Hot Today: General Motors Company (NYSE:GM), Wells Fargo & Company (NYSE:WFC), JD.com, Inc. (NASDAQ:JD), Oasis Petroleum Inc. (NYSE:OAS)

On Friday, in the course of current trade, Shares of General Motors Company (NYSE:GM), gained 0.21%, and is now trading at $36.47.

Building on the success of its ‘Heroes Work Here’ initiative to hire, train and support military veterans, The Walt Disney Company, USAA and General Motors, in cooperation with the Michigan Veterans Affairs Agency (MVAA), will bring Disney’s Veterans Institute to Detroit on Friday, June 5 at the General Motors Headquarters.

The daylong seminar, which will be emceed by Stephen Clark, WXYZ Detroit news anchor, is designed to educate and inspire Michigan-based companies of all sizes to build their own veteran hiring programs through special employer and veteran panels, workshops, speeches and presentations. Highlights of the seminar comprise opening remarks from Michigan Governor Rick Snyder and General Motors CEO Mary Barra, a keynote address from ABC News Anchor Bob Woodruff and veteran hiring best practice workshops from Disney’s Veterans Institute.

The event is presented in partnership with MVAA, which will lead discussion panels focusing on veteran hiring and retention, personal stories from veterans who have transitioned into the civilian workforce, in addition to state and federal resources accessible to both veterans and organizations looking to employ them. MVAA created the “Veteran-Friendly Employer Program” in 2014, recognizing Michigan companies and organizations committed to attracting and retaining top veteran talent.

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.

In an opening trade, Shares of Wells Fargo & Company (NYSE:WFC), dipped -0.14%, and is now trading at $56.13.

Wells Fargo & Company, said that Tim Sloan, Senior EVP and Head of Wholesale Banking, will present at the Morgan Stanley Financials Conference to be held in New York on Wednesday, June 10, at 8:35 a.m. Eastern Time (5:35 a.m. Pacific Time).

Wells Fargo & Company provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. Its Community Banking segment offers checking, savings, market rate, individual retirement, and health savings accounts, in addition to time deposits and remittances; and lines of credit, auto floor plan lines, equity lines and loans, equipment and transportation loans, education and residential mortgage loans, and debit and credit cards.

Shares of JD.com, Inc. (NASDAQ:JD), during its Friday’s current trading session fell -0.06%, and is now trading at $34.

Tuniu Corporation, declared the appointment of Mr. Haoyu Shen and Ms. Cindy Chen as directors to the Company’s board of directors. The appointment of Mr. Shen and Ms. Chen is in connection with the US$500 million private placement the Company declared on May 8, 2015 and they replace Mr. Thomas Gai Tei Tsao and Mr. Eugene Chehchun Huang, who have resigned from the board.

Mr. Haoyu Shen presently serves as the chief executive officer of JD Mall, the B2C business group of JD.com (JD). Preceding to assuming his current role in April 2014, Mr. Shen served as the chief operating officer of JD.com from August 2011 to April 2014, and was in charge of JD.com’s entire supply chain administration and customer service functions. Preceding to joining JD.com, Mr. Shen worked at Baidu, Inc., the leading Chinese language internet search provider, where he served as a senior vice president from January 2010 to July 2011 and the vice president of business operations from July 2007 to July 2010. Mr. Shen holds a bachelor’s degree in international finance from the People’s University of China in Beijing and an MBA degree from the University of Iowa. Mr. Shen is a CFA charterholder. Mr. Shen was also designated to serve on the compensation committee of the board.

JD.com, Inc., through its auxiliaries, operates as an online direct sales company in the People’s Republic of China. It primarily offers electronics and home appliances products; and general merchandise products, counting audio and video products, and books. The company sells its products directly to customers through its Website jd.com and mobile applications.

Finally, Oasis Petroleum Inc. (NYSE:OAS), gained 0.30% Friday, as oil prices rose on Friday, assisted by a drop in U.S. inventories and a weaker dollar, ahead of next week’s OPEC meeting.

The June 5 meeting of the Organization of the Petroleum Exporting Countries comes at a pivotal time for the oil market. Prices have shot up by around 40% in the past two months on expectations that U.S. oil production will slow. But the rally has sputtered recently and prices are heading for a second successive weekly loss.

While many market watchers expect OPEC will stick to its decision not to cut output, the meeting will be closely watched for clues about the organization’s next moves. WSJ Reports.

Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin.

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