Hot News – American Apparel Inc (NYSEMKT:APP) , Entegris Inc (NASDAQ:ENTG) , America’s Car-Mart (NASDAQ:CRMT) , You On Demand Holdings, Inc. (NASDAQ:YOD)

Technology Stocks News 11

American Apparel Inc (NYSEMKT:APP) on July 9 announced it has reached a Nomination, Standstill and Support Agreement with Standard General L.P. and company founder Dov Charney, the beneficial owners of nearly 44% of the Company’s outstanding stock. Under the agreement, Standard General will provide up to $25 million in immediate financial support to the Company, the Company’s board will be reconstituted, and an independent board committee will be formed to oversee the continuing investigation into alleged misconduct by Mr. Charney. American Apparel Inc (NYSEMKT:APP) stock performance was 2.54% in last session and finished the day at $1.21. Traded volume was 18.27million shares in the last session and the average volume of the stock remained 5.70million shares. The beta of the stock remained 2.64. American Apparel Inc (NYSEMKT:APP) insider ownership is 44.20%.

Entegris, Inc. (NASDAQ:ENTG), a leader in yield-enhancing materials and solutions for highly advanced manufacturing environments, on 11 July 2014 announced a product extension for its VaporSorb line of airborne molecular contamination (AMC) filters. Entegris Inc (NASDAQ:ENTG) dropped -1.88 percent to $13.58 Monday on volume of 1.41million shares. The intra-day range of the stock was $13.55 to $13.97. Entegris Inc (NASDAQ:ENTG) has a market capitalization of $1.89billion.

Buy here, pay here, car dealer America’s Car-Mart Inc. (NASDAQ:CRMT) felt that sting, saying that its customers were being lured away from big banks and other investors who have entered the subprime auto space in the past year looking for higher yields. Car-Mart CEO Hank Henderson said they had customers turning their cars back into the lot where they bought them because they financed other vehicles with big bank offers for terms much longer than Car-Mart’s average 24 months. America’s Car-Mart, Inc. (NASDAQ:CRMT)’s stock on July 14, 2014 reported a increase of 0.46% to the closing price of $39.59. Its fifty two weeks range is $34.56 -$47.92. The total market capitalization recorded $345.44million. The overall volume in the last trading session was 27,584.00million shares. In its share capital, CRMT has 8.74million outstanding shares.

YOU On Demand Holdings, Inc. (NASDAQ:YOD) previously engaged UHY LLP (“UHY”) as its independent auditor for the fiscal year ending December 31, 2014. UHY has served as the independent auditor for the Company since August, 1, 2007. On June 24, 2014, the Company’s audit committee authorized the dismissal of UHY as its independent registered public accounting firm. The dismissal became effective on June 25, 2014. On Monday, shares of You On Demand Holdings, Inc. (NASDAQ:YOD) dropped -1.85% to close the day at $2.65. Company return on investment (ROI) is -208.60% and its monthly performance is recorded as -25.56%. You On Demand Holdings, Inc. (NASDAQ:YOD) quarterly revenue growth is -20.66%.

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