Services Sector Top Losers: Ascena Retail Group Inc. (NASDAQ:ASNA), Cumulus Media Inc. (NASDAQ:CMLS), FreeSeas Inc. (NASDAQ:FREE), 6D Global Technologies, Inc. (NASDAQ:SIXD)

Ascena Retail Group Inc. (NASDAQ:ASNA) belongs to Services sector. Its net profit margin is 2.10% and weekly performance is -13.92%. On last trading day company shares ended up $14.28. Ascena Retail Group Inc. (NASDAQ:ASNA) distance from 50-day simple moving average (SMA50) is -8.95%. Ascena Retail Group (NASDAQ: ASNA) announced that it has updated its financial outlook for the quarter and fiscal year ending July 25, 2015. Subject to completion of the Company’s fourth quarter close and audit of its fiscal year 2015 financial statements, the Company now expects full-year adjusted EBITDA from continuing operations in the range of $365 million to $375 million, and full-year adjusted earnings per diluted share from continuing operations in the range of $0.57 to $0.60 as compared to its prior expectation of $0.70 to $0.75 per share.

Cumulus Media Inc. (NASDAQ:CMLS) shares decreased -5.79% in last trading session and ended the day at $1.79. CMLS Gross Margin is 27.80%. Cumulus Media Inc. (NASDAQ:CMLS) quarterly performance is -29.80%. Cumulus Media Inc. (NASDAQ: CMLS) will host a conference call on Thursday, July 30th at 4:30 PM EDT to discuss its second quarter
2015 operating results. The call will be open to the general public on a listen-only basis. A
press release containing a summary of these results will be issued before the call at approximately 4:00 PM EDT on July 30, 2015.

On 13 July, FreeSeas Inc. (NASDAQ:FREE) shares decreased -5.11% and was closed at $2.60. FREE EPS growth in last 5 year was -14.90%. FreeSeas Inc. (NASDAQ:FREE) year to date (YTD) performance is 285.19%. On 25 June, FreeSeas Inc. (NASDAQ:FREE) announced that the Company’s Amended and Restated Articles of Incorporation are being amended to effect a reverse stock split of the Company’s issued and outstanding common stock at a ratio of one new share for every 50 shares currently outstanding.

6D Global Technologies, Inc. (NASDAQ:SIXD) ended the last trading day at $7.40. Company weekly volatility is calculated as 42.41% and price to cash ratio as 214.24. 6D Global Technologies, Inc. (NASDAQ:SIXD) showed a weekly performance of -22.84%. 6D Global Technologies, Inc. (NASDAQ:SIXD), announced that the Company was added as a member of four Russell indexes including the Russell 2000(R), Russell 3000(R), Russell Global, and Russell Microcap(R) after the markets closed on June 26 as part of Russell Investment’s quarterly additions of select initial public offering (IPO) companies.

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