Services Sector Losers: China Auto Logistics Inc. (NASDAQ:CALI), Century Casinos, Inc. (NASDAQ:CNTY), Global Sources (NASDAQ:GSOL), ReachLocal Inc. (NASDAQ:RLOC), Harte-Hanks (NYSE:HHS)

China Auto Logistics Inc. (NASDAQ:CALI) announced on 15 may, Revenues in the first quarter of 2014 were $106,975,050, down 0.60% from $107,625,066 a year earlier. The 2014 figure does not include revenues from Car King Tianjin, which are accounted for under the equity method of accounting as the Company’s equity interest is less than half at 40%. Sales of Automobiles accounted for 97.90% of revenues in the quarter, up from 97.41% a year earlier. China Auto Logistics Inc. (NASDAQ:CALI) weekly performance is -2.33%. On last trading day company shares ended up $2.10. China Auto Logistics Inc. (NASDAQ:CALI) distance from 50-day simple moving average (SMA50) is -25.04%.

Century Casinos, Inc. (NASDAQ:CNTY) on 16 may announced the successful opening of the casino onboard Nova Star Cruises luxury cruise ferry Nova Star on it’s maiden voyage from Portland, Main, to Yarmouth, Nova Scotia. Century Casinos, Inc. (NASDAQ:CNTY) shares fell -5.25% in last trading session and ended the day on $6.14. CNTY gross Margin is 42.80% and its return on assets is 3.70%.Century Casinos, Inc. (NASDAQ:CNTY) quarterly performance is -9.57%.

Global Sources Ltd. (NASDAQ:GSOL) announced the preliminary results of its cash tender offer to purchase up to 5,000,000 shares of its issued and outstanding common shares at a price of $10.00 per share. The offer to purchase shares commenced on April 30, 2014 and expired at 12:00 midnight, New York City time, on May 28, 2014.Global Sources Ltd. (Bermuda) (NASDAQ:GSOL) shares moved down -6.14% in last trading session and was closed at $8.10, while trading in range of $7.86 – $8.48. Global Sources Ltd. (Bermuda) (NASDAQ:GSOL) year to date (YTD) performance is -0.37%.

On May 30, 2014, Joshua Claman resigned from his position with ReachLocal, Inc. (NASDAQ:RLOC) to pursue other opportunities. Mr. Claman joined ReachLocal as Chief Revenue Officer in August 2012 and was most recently the company’s President. ReachLocal Inc. (NASDAQ:RLOC) ended the last trading day at $6.00. Company weekly volatility is calculated as 5.39% and price to cash ratio as 2.16.ReachLocal Inc. (NASDAQ:RLOC) showed a negative weekly performance of -10.18%.

Harte-Hanks (NYSE:HHS) was downgraded by analysts at BMO Capital Markets from an “outperform” rating to a “market perform” rating in a research report issued to clients and investors on Friday. Harte-Hanks, Inc. (NYSE:HHS) net profit margin is 2.70% and weekly performance is -6.82%. On last trading day company shares ended up $7.11. Analysts mean target price for the company is $9.33. Harte-Hanks, Inc. (NYSE:HHS) distance from 50-day simple moving average (SMA50) is -11.90%.