Services Sector Losers: DryShips (NASDAQ:DRYS), Qunar Cayman Islands (NASDAQ:QUNR), Navios Maritime Holdings (NYSE:NM), You On Demand (NASDAQ:YOD), Corporate Resource Services (NASDAQ:CRRS)

DryShips Inc. (NASDAQ:DRYS) a global provider of marine transportation services for drybulk and petroleum cargoes and through its majority owned subsidiary Ocean Rig UDW Inc. of offshore deepwater drilling services on June 5 announced that Ocean Rig has signed definitive documentation, following the previously announced contract award, for the 6 year contract for drilling operations offshore Angola for its ultra deepwater drillship the Ocean Rig Skyros, with Total E&P Angola Block 32. The contract is expected to commence in the third quarter of 2015 and has an estimated backlog of $1.3 billion. DryShips Inc. (NASDAQ:DRYS) net profit margin is -8.70% and weekly performance is -7.98%. On last trading day company shares ended up $3.23. Analysts mean target price for the company is $3.02. DryShips Inc. (NASDAQ:DRYS) distance from 50-day simple moving average is 2.83%.

0n May 15, 2014 Qunar Cayman Islands Ltd (NASDAQ:QUNR) China’s leading search-based travel commerce platform, announced its unaudited financial results for the first quarter ended March 31, 2014. Total revenues for the first quarter of 2014 were RMB335.5 million (US$54.0 million), an increase of 83.6% year-on-year, surpassing the Company’s revenue guidance of a 65-70% year-on-year increase. Qunar Cayman Islands Ltd (NASDAQ:QUNR) shares fell -5.69% in last trading session and ended the day on $22.54. QUNR Gross Margin is 79.60% and its return on assets is -19.00%. Qunar Cayman Islands Ltd (NASDAQ:QUNR) quarterly performance is -22.44%.

Research analysts at Canaccord Genuity began coverage on shares of Navios Maritime Holdings (NYSE:NM) in a report released on Tuesday. The firm set a “buy” rating and a $14.00 price target on the stock. Navios Maritime Holdings Inc. (NYSE:NM) shares moved down -5.66% in last trading session and was closed at $9.84, while trading in range of $9.83-$10.44. Navios Maritime Holdings Inc. (NYSE:NM) year to date performance is -10.79%.

Mr. Xueche He bought a stake in You On Demand Holdings, Inc. (NASDAQ:YOD).Xueche He was named No. 38 on Forbes most affluent Chinese list in the year 2010 with a net worth of RMB 12 billion. Mr. He purchased the stake from one of the largest mobile video supplier in China, named C Media Limited, in a private stock deal. Mr. He bought 2,285,715 limited Series E convertible preferred shares.You On Demand Holdings, Inc. (NASDAQ:YOD) ended the last trading day at $2.93. Company weekly volatility is calculated as 9.20% and price to cash ratio as 2.70. You On Demand Holdings, Inc. (NASDAQ:YOD) showed a negative weekly performance of -21.66%.

Corporate Resource Services, Inc. (NASDAQ: CRRS), a diversified technology, staffing, recruiting and consulting services firm, announced that the Company will be joining the Russell Global Index when Russell Investments reconstitutes its U.S. and global equity indexes on June 27, 2014. Corporate Resource Services Inc (NASDAQ:CRRS) net profit margin is 1.10% and weekly performance is 5.54%. On last trading day company shares ended up $2.86. Corporate Resource Services Inc (NASDAQ:CRRS) distance from 50-day simple moving average is 8.72%.