Services Sector

Services Sector Top Gainers: E Commerce China Dangdang (NYSE:DANG), Vipshop Holdings (NYSE:VIPS), Renren Inc (NYSE:RENN), Gray Television (NYSE:GTN)

On Feb. 27, E Commerce China Dangdang Inc (ADR) (NYSE:DANG) announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2013. Dangdang’s total net revenues in the fourth quarter of 2013 were RMB1,971.9 million ($325.7 million), a 22.1% increase from the corresponding period in 2012. E Commerce China Dangdang Inc (ADR) (NYSE:DANG) stock performance was 15.37% in last session and finished the day at $17.11. Traded volume was 14,358,971 million shares in the last session and the average volume of the stock remained 2.79 million shares. E Commerce China Dangdang Inc (ADR) (NYSE:DANG) insider ownership is 0.46%.

Vipshop Holdings Ltd – ADR (NYSE:VIPS) highlights For the fourth quarter and full year of 2013, net cash from operating activities were $255.8 million and $437.1 million respectively. Vipshop Holdings Ltd – ADR (NYSE:VIPS) rose 32.44 percent to $169.21 yesterday on volume of 7.33 million shares. The intra-day range of the stock was $153.16 to $182.00. Vipshop Holdings Ltd – ADR (NYSE:VIPS) has a market capitalization of $8.57 million.

Renren Inc. (NYSE:RENN) operates real name social networking Internet platform in the People’s Republic of China. Its platform enables its users to connect and communicate with each other, share information and user-generated content, play online games, listen to music, shop for deals and a range of other features and services. Renren Inc (NYSE:RENN)’s stock on Mar 4, 2014 reported a increase of 9.55% to the closing price of $3.90. Its fifty two weeks range is $2.52 -$4.62. The total market capitalization recorded $1.45 billion. The overall volume in the last trading session was 4,045,888 million shares. In its share capital, Renren Inc (NYSE:RENN) has 369.04 million outstanding shares.

Gray Television, Inc. (NYSE:GTN) announced that it will release its earnings results for the quarter ending December 31, 2013 on Tuesday, March 11, 2014. On Tuesday, shares of Gray Television, Inc. (NYSE:GTN) advanced 8.16% to close the day at $12.20. Company return on investment (ROI) is 9.00% and its monthly performance is recorded as 7.21%. Gray Television, Inc. (NYSE:GTN) quarterly revenue growth is -0.41%.