Internet Information Providers Top Losers: China Cache Internatnl (NASDAQ:CCIH), Wix.Com (NASDAQ:WIX), Local (NASDAQ:LOCM), Mediabistro (NASDAQ:MBIS)

ChinaCache International Holdings Ltd. ( NASDAQ:CCIH), announced that it has signed a framework agreement (“agreement”) with People.cn (Shanghai:603000), a large-scale information interaction platform constructed by People’s Daily, relating to ChinaCache Atecsys International Data Center (“Atecsys”), to address the cloud computing and cloud storage needs of People.cn’s growing user base. China Cache Internatnl Hldgs Ltd (ADR)(NASDAQ:CCIH) shares after opening at $16.81 moved to $17.40 on last trade day and at the end of the day closed at $16.23. Company price to sales ratio in past twelve months was calculated as 2.59 and price to cash ratio as 7.82. China Cache Internatnl Hldgs Ltd (ADR) (NASDAQ:CCIH)  showed a negative weekly performance of -21.75%.

Wix.Com (NASDAQ:WIX) was upgraded by equities research analysts at EVA Dimensions from a “hold” rating to an “overweight” rating in a research note issued to investors on Tuesday, American Banking and Market News reports.Wix.Com Ltd (NASDAQ:WIX) shares fell –5.23% in last trading session and ended the day on $21.37. WIX return on equity ratio is recorded as 269.70% and its return on assets is -254.50%.Wix.Com Ltd (NASDAQ:WIX) yearly performance is -0.33%.

Local Corporation (LOCM) a leading local advertising and technology company, announced the launch of its new Where-to-Buy solution for manufacturers, powered by the company’s enterprise-ready Krillion® local shopping platform. Local Corporation (NASDAQ:LOCM) shares moved down -5.79% in last trading session and was closed at $1.79, while trading in range of $ 1.72 – 1.88. Local Corporation (NASDAQ:LOCM) year to date (YTD) performance is 13.29%.

Mediabistro Inc. (NASDAQ:MBIS) reported results for the fourth quarter and full year ended December 31, 2013 Revenues for the fourth quarter of 2013 were $3.0 million compared to revenues of $3.3 million for the same period in 2012.Net loss for the fourth quarter of 2013 was $3.9 million and included a non-cash impairment charge of $2.9 million related to the write-down of goodwill, compared to a net loss of $6.5 million for the same period in 2012. Non-GAAP loss, excluding interest, taxes, depreciation, amortization, impairment and stock-based compensation expense, or EBITDA, was $742,000 during the fourth quarter of 2013 and included losses on the sale of certain assets and investments totaling $336,000. EBITDA loss was $572,000 for the same period in 2012. Mediabistro Inc(NASDAQ:MBIS) weekly performance is -23.83%. On last trading day company shares ended up $1.63. Mediabistro Inc (NASDAQ:MBIS) distance from 50-day simple moving average (SMA50) is -31.87%. Analysts mean target price for the company is $1.30.