G-III Apparel Group, Ltd. (NASDAQ:GIII) announced operating results for both the fourth quarter and full year of fiscal 2014.Net sales for the fiscal year ended January 31, 2014 increased 23% to $1.72 billion from $1.40 billion in the prior year. The sales growth was driven by contributions across the business, as well as from the G.H. Bass & Co. business that was acquired on November 4, 2013. The Company reported GAAP net income for the fiscal year ended January 31, 2014, of $77.4 million, or $3.71 per diluted share, compared to $56.9 million, or $2.80 per diluted share, in the prior year. G-III Apparel Group, Ltd. (NASDAQ:GIII) stock opened at $68.82, in current trading session and currently is at $70.75, by loosing -4.98%.The 52 week range of $36.81-$77.22. Company’s market capitalization is $1.44 billion.
Credit Suisse AG – VelocityShares Daily 2x VIX Short Term ETN(NASDAQ:TVIX) is an ETF issued by Velocity Shares. It was issued with the intent of providing investors with a choice to invest in the contracts that are actively traded on the S&P 500 VIX Short-Term Futures Index. During February, there were around 17.9 million issued shares. According to the reports, the trading range was between $6.45 and $61.7 during past 52 weeks. It hit the peak during second week of February at $7.20. Credit Suisse AG – VelocityShares Daily 2x VIX Short Term ETN (NASDAQ:TVIX) stock is currently trading at $7.30. Company’s market capitalization is $189.95 million.
Microvision, Inc. (NASDAQ:MVIS) which provides display technology is witnessing its list of customers growing. The company announced a deal with United Parcel Service, Inc. (NYSE:UPS) which will see it supply customized display modules to the global logistics company. Shares of Microsvision reacted positively to the news during Monday session.Microvision, Inc. (NASDAQ:MVIS) stock opened the session at $2.26, and now is at $2.15. The 52 week range of the MVIS stock remained $1.03-$3.49 and the day range was $2.13-$2.31.
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