Services Sector Shatters Investors Wealth; Time Warner Cable (NYSE:TWC) Plans to Sell Clearwire (CLWR) Stake while Groupon (NASDAQ:GRPN) Tumbles to Record Low – TWC, GRPN, AMZN, LTRE, GSAT, AHS

Last trading session data showed that Services sector reacted negatively with -0.42% change. Learning Tree International, Inc. (NASDAQ:LTRE) and Globalstar, Inc. (NASDAQ:GSAT) were major gainers in this sector while biggest percentage decliner was AMN Healthcare Services, Inc. (NYSE:AHS).

Time Warner Cable Inc. (NYSE:TWC), based in New York, aims to vend its 46.4 million shares of Clearwire Corporation (NASDAQ:CLWR), the venture losing money to provide a high-speed wireless Internet network across the United States.

Time Warner Cable, the second- biggest United States cable corporation, has alerted other Clearwire investors.

Time Warner Cable Inc.’s YTD performance was recorded as +47.93% while its market capitalization was $28.22 billion. The company has P/B ratio of 3.86 while P/E ratio was booked as 16.99. Institutional ownership owns 89.21% shares of the company while beta factor, which is used to measure riskiness of the security, was 0.80. Net profit margin of the company was 8.59% while its gross profit margin was 53.25%.

Groupon Inc. (NASDAQ:GRPN), based in Chicago, moved down to record low in over a month on fears that marketing expenses are moving up amid waning consumer interest in online coupons.

Shares of major daily-deals website Operator fell 9.9% to settle in New York at $4.75 and marked the major drop since Aug 14. Shares of the company have plunged 77% current year.

Groupon Inc. has market capitalization of $3.10 billion. Its current ratio was 1.27 while its shares were lagging behind SMA 50 with -21.67. The company offered earning per share of -0.12 while its 653.68 million shares were outstanding. YTD performance of the stock was -76.98%.

Amazon.com, Inc. (NASDAQ:AMZN) has the market capitalization of $116.63 billion. The company’s EPS was 0.82 while its 452.07 million shares were outstanding. Its institutional ownership was 67.31%. Shares of the company were moving ahead of SMA 50 with +9.22% while its YTD performance was +49.05%.

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