Finance

Services Sector Top Gainers: Burlington Stores (NYSE:BURL), The Wet Seal (NASDAQ:WTSL), On Assignment (NYSE:ASGN), Hemisphere Media Group (NASDAQ:HMTV)

Burlington-based Burlington Stores Inc. (NYSE:BURL) which operates 521 Burlington Coat Factory stores throughout the country, announced Thursday its net income and store sales results for its fiscal year that ended on Feb. 1, 2014. Burlington Stores Inc. (NYSE:BURL) stock performance was 15.79% in last session and finished the day at $29.99. Traded volume was 1.81 million shares in the last session and the average volume of the stock remained 338,362.00 shares. Burlington Stores Inc. (NYSE:BURL) insider ownership is 3.00%.

The Wet Seal, Inc. (NASDAQ:WTSL), a leading specialty retailer to young women, today announced that it has entered into a definitive agreement with a single institutional investor to issue $27 million of convertible notes as well as warrants to purchase Class A common stock in a private placement. The transaction is expected to close on March 26, 2014, subject to customary closing conditions. The Wet Seal, Inc. (NASDAQ:WTSL) rose 6.06% to $1.75 yesterday on volume of 980,789.00 shares. The intra-day range of the stock was $1.65 – $1.75. The Wet Seal, Inc. (NASDAQ:WTSL) has a market capitalization of 146.53 million.

On Assignment (NASDAQ:ASGN) was upgraded by analysts at Wells Fargo & Co. from a “market perform” rating to an “outperform” rating in a research report issued to clients and investors on Thursday, TheFlyOnTheWall.com reports. On Assignment, Inc. (NYSE:ASGN)’s stock on March 20, 2014 reported a higher of 5.18% to the closing price of $38.76. Its fifty two weeks range is $22.02 – $38.93. The total market capitalization recorded 2.08 billion. The overall volume in the last trading session was 685,979.00 shares. In its share capital, On Assignment, Inc. (NYSE:ASGN) has 53.62 million outstanding shares.

Hemisphere Media Group, Inc. (NASDAQ:HMTV) is a pure-play United States Hispanic television (TV)/cable networks and content platform. The Company owns and operates Cinelatino, WAPA Television and WAPA America. On Thursday, shares of Hemisphere Media Group Inc. (NASDAQ:HMTV) advanced 13.13% to close the day at $11.89. Company return on investment (ROI) is 15.10% and its monthly performance is recorded as 3.39%. Hemisphere Media Group Inc. (NASDAQ:HMTV) quarterly revenue growth is -0.25%.