Business Services Stocks :Civeo (CVEO), Document Security Systems, (DSS), McGraw Hill Financial (MHFI), Verisk Analytics, (VRSK)

NEW YORK, Jan. 6, 2015 /TRENDINGGLOBALNEWS/ -- A gauge of growth in the dominant U.S. services sector fell short of expectations for December, hitting a six-month low as indexes on employment, orders and business activity all declined.

The Institute for Supply Management said on Tuesday its services index fell to 56.2 for December, compared with 59.3 in November. The December figure fell short of the consensus for a 58 reading, according to a Reuters poll.

Two components of the survey, prices and order backlogs, fell below the 50 level that separates expansion from contraction.

Indexes on imports and exports both showed notable declines, while the reading on new orders fell to 58.9, lowest since April{1}

Civeo Corp (NYSE:CVEO) closed lower -5.25% to $3.26, recently declared the organization's initial 2015 guidance, which reflects decisions by major oil companies in North America to significantly reduce 2015 capital spending, particularly in Canada, continuing weakness in global commodity markets and the resulting impact on the company's business in Canada, Australia and the United States.

Document Security Systems, Inc.(NYSEMKT:DSS) closed declined -36.26% to $0.290, a leader in anti-counterfeiting and authentication solutions, has issued this communication to update the status of certain of its pending litigation matters. On January 2, 2015, the United States District Court for the Northern District of California issued an order granting summary judgment to defendants LinkedIn, Inc. and Facebook, Inc. in connection with a lawsuit filed on October 3, 2012 by Plaintiff Bascom Research, LLC. In its decision, the District Court ruled that the four patents-in-suit are invalid under 35 U.S.C. §101. DSS is currently evaluating its options with respect to the court's ruling.

McGraw Hill Financial Inc (NYSE:MHFI) closed down -0.54% to $86.62, the organization a financial intelligence organization, provides credit ratings, benchmarks, and analytics to capital and commodity markets worldwide. The company’s operations consist of four segments: Standard & Poor’s Ratings (S&P Ratings), S&P Capital IQ, S&P Dow Jones Indices (S&P DJ Indices), and Commodities & Commercial (C&C). The S&P Ratings segment offers credit ratings for investors, corporations, governments, municipalities, commercial and investment banks, insurance companies, asset managers, and other debt issuers.

Verisk Analytics, Inc. (NASDAQ:VRSK) closed higher +0.49% to $63.45, Xactware, a leading provider of technologies for property insurance claims, recently announced that it will expand into Germany with a new suite of claims solutions. Xactware is a Verisk Analytics, Inc. (NASDAQ:VRSK) business. Eucon GmbH, a provider of standardised claims settlement processes, is Xactware`s exclusive representative in Germany.

Source{1}: http://www.foxbusiness.com/economy-policy/2015/01/06/us-services-sector-growth-slows-in-december/