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Services Sector Top Losers: Genco Shipping (NYSE:GNK), Cinedigm Corp (NASDAQ:CIDM), Vipshop Holdings (NYSE:VIPS), Central European Media Enterprises (NASDAQ:CETV)

Genco Shipping & Trading Ltd. (NYSE:GNK) made the scheduled semi-annual interest payment of approximately $3.1 million originally due on February 18, 2014 under its 5.00% Convertible Senior Notes due August 15, 2015 (the “Notes”). Genco Shipping & Trading Limited (NYSE:GNK) stock performance was -22.98% in last session and finished the day at $1.24. Traded volume was 17.52 million shares in the last session and the … Continue reading Services Sector Top Losers: Genco Shipping (NYSE:GNK), Cinedigm Corp (NASDAQ:CIDM), Vipshop Holdings (NYSE:VIPS), Central European Media Enterprises (NASDAQ:CETV)

Trending Stocks: SeaDrill Limited (NYSE:SDRL), Cinedigm Corp. (NASDAQ:CIDM), Pembina Pipeline Corporation (NYSE:PBA), EDAP TMS SA (NASDAQ:EDAP), Visteon Corporation (NYSE:VC)

After much speculation over the past couple of months, offshore drilling expert SeaDrill Limited (NYSE:SDRL) announced, as part of its third-quarter financial results, that it was suspending its dividend and “focusing on debt reduction and value creating opportunities due to significant deterioration in the broader markets.” In short, it sounds like management has realized that the offshore drilling market’s current state of malaise, combined with … Continue reading Trending Stocks: SeaDrill Limited (NYSE:SDRL), Cinedigm Corp. (NASDAQ:CIDM), Pembina Pipeline Corporation (NYSE:PBA), EDAP TMS SA (NASDAQ:EDAP), Visteon Corporation (NYSE:VC)