Orlando, FL -- (SBWIRE) -- 09/05/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Google Inc(NASDAQ:GOOG), General Motors Company(NYSE:GM).
Google Inc(NASDAQ:GOOG) shares increased 1.31% to $871.63. The company, on Sept. 4, said it has come up with a name for the next version of its Android operating system: KitKat. Yes, as in the popular chocolate candy, which is not surprising given Google’s penchant for naming Android releases – JellyBean, Ice Cream Sandwich, Éclair — after sweet treats. But Google and KitKat are having a bit of fun with this upcoming release, by poking fun at rival Apple Inc.
Additionally, Xiaomi said on August 29 that former Google Inc. vice president Hugo Barra will join the company to help it grow its international business and work on its strategic cooperation with GoogleGOOG +1.31%. Xiaomi is little known outside of China, but the company has seen success within the country due to its smartphones, which it first sold only online in limited quantities.
Are investors worried about the recent updates with GOOG? Find out with a free trend analysis HERE
General Motors Company(NYSE:GM) shares jumped 5.01% to $35.85. The company ssaid on Sept. 3 that it was recalling 4,000 of its Chevrolet Sail diesel variant cars in India to address a potential engine issue. The company's Indian unit, General Motors India, did not give details of the potential engine issue, but said the incident was not related to safety or its recall of Chevrolet Tavera sports utility vehicles earlier.
Additionally, the company on Sept. 4 said its sales growth in the country accelerated in August, boosted by demand for its Buick and Wuling brands. August’s total sales rose 11.2 percent to 245,799 units, after growing 11.1 percent the previous month, according to Detroit-based company’s statement released Wednesday. Deliveries of Wuling vehicles, which represents nearly half of the company’s sales in China, advanced 12.4 percent to 112,139 units in August.
Is GM going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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