Consumer Goods Unusal Volume: American Apparel (NYSEMKT:APP), Hanesbrands (NYSE:HBI), G-III Apparel Group (NASDAQ:GIII), Spartan Motors (NASDAQ:SPAR), Koss Corporation (NASDAQ:KOSS)

Technology Stocks News 1

Clothing and accessories retailer American Apparel Inc (NYSEMKT:APP) ousted its controversial founder Dov Charney as chairman effective immediately and moved to fire him as CEO and president following an ongoing investigation into alleged misconduct. American Apparel Inc (NYSEMKT:APP) stock performance was 28.68% in last session and finished the day at $0.680. Traded volume was 14.25million shares in the last session and the average volume of the stock remained 3.73million shares. The beta of the stock remained 2.62. American Apparel Inc (NYSEMKT:APP) insider ownership is 1.10%.

Cleary Gottlieb Steen & Hamilton LLP guided underwear and clothing company HanesBrands Inc. (NYSE:HBI) in its announced deal Wednesday to acquire DBApparel from private equity firm Sun Capital Partners Inc., in a transaction that values the French company at €400 million ($545 million). Hanesbrands Inc. (NYSE:HBI) rose 9.24 percent to $96.72 Wednesday on volume of 2.44million shares. The intra-day range of the stock was $94.85 to $98.70. Hanesbrands Inc. (NYSE:HBI) has a market capitalization of $9.63billion.

G-III Apparel Group, Ltd. (NASDAQ:GIII) announced on Monday that it is offering to sell 1.5 million shares of its common stock in an underwritten public offering. The underwriters will have a 30-day option to purchase up to an additional 225,000 shares of common stock from the apparel manufacturer and distributor. G-III Apparel Group, Ltd. (NASDAQ:GIII)’s stock on June 25, 2014 reported a increase of 5.76% to the closing price of $82.10. Its fifty two weeks range is $44.80 -$83.75. The total market capitalization recorded $1.69billion. The overall volume in the last trading session was 1.43million shares. In its share capital, GIII has 20.54million outstanding shares.

Spartan Chassis (“Spartan” or the “Company”), a business unit of Spartan Motors Inc (NASDAQ:SPAR), announced today that it has entered a chassis supply agreement with Foretravel Motorcoach (“Foretravel”) of Nacogdoches, Texas. The agreement calls for Spartan to serve as the sole chassis supplier for Foretravel’s new Realm FS6 motorhome. The Realm FS6 will be available exclusively at Motor Home Specialist in Alvarado, Texas. On Wednesday, shares of Spartan Motors Inc (NASDAQ:SPAR) dropped -5.37% to close the day at $4.76. Company return on investment (ROI) is -3.60% and its monthly performance is recorded as -9.16%. Spartan Motors Inc (NASDAQ:SPAR) quarterly revenue growth is -4.61%.

Koss Corporation (NASDAQ:KOSS) unveiled in its quarterly report on 15 May 2014 that net sales in the quarter ended March 31, 2014 decreased 48.2%, compared to the same quarter last year, to $4,300,373 with decreased sales primarily in export markets but also in certain mass and web retailer sales. Koss Corporation (NASDAQ:KOSS) stock performance was 3.47% in last session and finished the day at $3.25. Traded volume was 16,763.00million shares in the last session and the average volume of the stock remained 5.61K shares. The beta of the stock remained -0.05. Koss Corporation (NASDAQ:KOSS) insider ownership is 69.01%.

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