Tag: NYSE:GCAP

February 27, 2014 BY Gerald Segal

Gain Capital (Forex.com) reports record Revenues in Q4 of $83M

Full press release for Gain's Q4 and full year 2013 results follows. Details and analysis to follow... The complete Gain Capital Q4 press release can be seen here. GAIN Capital Reports Full Year and Fourth Quarter 2013 Results For Full Year 2013 Net revenue of $266.4 million Net income of $31.3 million EPS of $0.79…

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February 10, 2014 BY Gerald Segal

Gain Capital's record January sees more than $700 billion in volumes

Gain Capital (NYSE:GCAP) sees $212.5 billion retail and $494 billion institutional volume metrics in January. What a great start to the year for Gain Capital, which owns the Forex.com and Gain GTX brands. After seeing volumes disappoint somewhat during Q4 after Gain closed its acquisition of GFT -- sending its share price into a tailspin,…

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January 06, 2014 BY Gerald Segal

Gain Capital shares up 14% Friday in apparent Short Squeeze

Short interest in Gain Capital (NYSE:GCAP) shares hits 22% of float. LeapRate Exclusive.... Retail forex broker Gain Capital, parent of Forex.com and Gain GTX, saw its stock rise by 14% on Friday in what looks to be an upward short squeeze in the company's shares. As we predicted back when a Gain Capital convertible note…

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November 27, 2013 BY Gerald Segal

Gain Capital convertible note offering raised to $80 million

Underwriters led by Jefferies exercise 'greenshoe' option Retail forex broker GAIN Capital (NYSE:GCAP) has reported yesterday that it after the increase of its convertible note offering last week, the initial purchasers have exercised their option to purchase additional $10 million of notes. With. Is action the total amount of notes sold aggregates $80 million, whilst  the…

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November 22, 2013 BY Gerald Segal

Gain Capital increases convertible note offering, raises $70 million

Funds to be used for debt repayment, share buybacks and potential strategic acquisitions Retail forex broker GAIN Capital (NYSE:GCAP) has just announced that it has successfully priced and increased the size of its convertible note offering to $70 million. The company also issued to the initial purchasers a 30-day option to purchase additional $10 million…

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