Fed Reduces GM Position, Disney’s Love Child Expands, and 3 More Hot Stocks

General Motors (NYSE:GM): The U.S. Treasury Department has cut yet another block of GM stock from its position and now retains just 7.3 percent — nearly half of the holding it held in June. Just last week, the government revealed it had sold $811.1 million in GM stock during the month of August. However, although GM’s shares have performed admirably this year, the government is still set to lose about $10 billion on its emergency infusion of capital.

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