On May 15, You On Demand Holdings, Inc. (NASDAQ:YOD) a leading multi-platform entertainment and Video On Demand (VOD) company in China, announced its operating results for the three-month period ending March 31, 2014 (a full copy of its quarterly report on Form 10-Q will also be posted atwww.sec.gov). Revenue for the quarter ended March 31, 2014 increased to $138,000 from $938 in the quarter ended March 31, 2013. Gross loss for the quarter ended March 31, 2014 declined to $738,000, from $848,000 in the quarter ended March 31, 2013. Total operating expenses for the quarter ended March 31, 2014 declined 21.8% from the quarter ended March 31, 2013, which reflects the success of our strategy of forging revenue-sharing agreements with content partners while keeping corporate overhead at manageable levels. You On Demand Holdings, Inc. (NASDAQ:YOD) weekly performance is -26.81%. On last trading day company shares ended up $2.02. Analysts mean target price for the company is $8.00. You On Demand Holdings, Inc. (NASDAQ:YOD) distance from 50-day simple moving average (SMA50) is -46.78%.
Best Buy Co (NYSE:BBY) was the target of some unusual options trading activity on Tuesday. Stock traders bought 17,654 put options on the stock, StockRatingsNetwork.com reports. This represents an increase of approximately 641% compared to the typical volume of 2,384 put options. Best Buy Co Inc (NYSE:BBY) shares fell -5.59% in last trading session and ended the day on $24.66. Gross Margin is 22.80% and its return on assets is 5.10%. Best Buy Co Inc (NYSE:BBY) quarterly performance is -0.24%.
FreeSeas Inc (NASDAQ:FREE) jumped 16.67% in sympathy with the news of NewLead Holdings. Eagle Bulk Shipping Inc. (NASDAQ:EGLE) also rose 9.23% after the news. FreeSeas Inc (NASDAQ:FREE) shares moved down -7.52% in last trading session and was closed at $1.23, while trading in range of $1.22 – $1.38. FreeSeas Inc (NASDAQ:FREE) year to date (YTD) performance is -48.32%.
Orbitz Worldwide, Inc. (NYSE:OWW) announced an underwritten public offering of 7.5 million shares of its common stock by an affiliate of Travelport Limited (the “Selling Stockholder”). The underwriters have a 30-day option to purchase up to an additional 1.125 million shares from the Selling Stockholder. Orbitz Worldwide will not receive any proceeds from the offering. Orbitz Worldwide, Inc. (NYSE:OWW) ended the last trading day at $7.00. Company weekly volatility is calculated as 3.98% and price to cash ratio as 3.06. Orbitz Worldwide, Inc. (NYSE:OWW) showed a negative weekly performance of -6.17%.
Minerco Resources, Inc. (otcqb:MINE) saw its share volume decline on May 14th with 48,081,552 shares exchanging hands, significantly lower than its three month daily average volume of 130,119,044. Minerco Resources recently announced its Level 5 Beverage Company secured $2,000,000 in financing in the form of a traditional line of credit from Post Oak, LLC. Minerco Resources Inc (OTCMKTS:MINE) On last trading day company shares ended up $0.0147.
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