Tag: Corporate Resource Services Inc CRRS

  • Services Sector Most Volatile: Body Central (NASDAQ:BODY), Anixter International (NYSE:AXE), Corporate Resource Services (NASDAQ:CRRS), Genco Shipping & Trading (NYSE:GNK)

    Body Central Corp (NASDAQ:BODY)’s massive loss in its Q4 might lead to downsizing of job in Jacksonville. These job cuts will now help in providing more liquidity, said Brian Woolf the Chief Executive Officer, in Body Central Corp (NASDAQ:BODY)’s earnings report. Body Central Corp (NASDAQ:BODY) has already secured the $17 million credit-facility, which will help, said Woolf. These measures include the additional corporate & other administrative head- count reductions, deferral of the non-essential capital projects & pursuit of the additional sale- leaseback-financing arrangements for the previously-incurred capital projects he added. Body Central Corp (NASDAQ:BODY) shares after opening at $1.70 on last trade day and at the end of the day closed at $1.22. Company price to sales ratio in past twelve months was calculated as 0.07 and price to cash ratio as1.23. Body Central Corp (NASDAQ:BODY) showed a negative weekly performance of -24.69%.

    Anixter International Inc. (NYSE:AXE), which reached an all-time high this month, stands to hand investors including billionaire Sam Zell even more from a sale. Anixter International Inc. (NYSE:AXE) weekly performance is -4.64%. On last trading day company shares ended up $96.45. Anixter International Inc. (NYSE:AXE) distance from 50-day simple moving average (SMA50) is -2.56%. Analysts mean target price for the company is $102.83.

    Corporate Resource Services Inc (NASDAQ:CRRS) was a big mover last session, as the company saw its shares rise by almost 17% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock has now gained roughly 70% since March 13. Corporate Resource Services Inc (NASDAQ:CRRS) shares advanced 16.83% in last trading session and ended the day on $3.68. CRRS return on equity ratio is recorded as38.90% and its return on assets is 14.90%. Corporate Resource Services Inc (NASDAQ:CRRS) yearly performance is 48.99%.

    Genco Shipping & Trading Limited (NYSE:GNK), the operator of dry-bulk cargo ships that’s trying to avert bankruptcy, said it’s still in talks with creditors as it seeks to restructure debt. The New York-based shipper today reached agreements for waivers or forbearances with some lenders of its 2007 credit facility, $100 million term loan portion and $235 million term loan slice, the company said in a regulatory filing after the close of regular trading. Genco Shipping & Trading Limited (NYSE:GNK) shares moved up -8.52% in last trading session and was closed at $1.61, while trading in range of $1.55 – $1.81. Genco Shipping & Trading Limited (NYSE:GNK) year to date (YTD) performance is -35.60%.