Editor’s note: Related tickers: Gain Capital Holdings Inc (NYSE:GCAP), Unilife Corp (NASDAQ:UNIS), BSD Medical Corporation (NASDAQ:BSDM), Cache, Inc. (NASDAQ:CACH), Prima BioMed Limited (ASX:PRR), J.C. Penney Company, Inc. (NYSE:JCP), Bank of America Corp (NYSE:BAC), Alcoa Inc (NYSE:AA), Affymetrix, Inc. (NASDAQ:AFFX)
As usually, we begin the day by looking at the market trying to figure out today’s tendencies by analyzing the leaders on April 9. While for several companies, such as Gain Capital Holdings Inc (NYSE:GCAP), or Unilife Corp (NASDAQ:UNIS) it was a good beginning of the day, several companies among which is BSD Medical Corporation (NASDAQ:BSDM), and Cache, Inc. (NASDAQ:CACH) got off on the wrong foot. Check out the highlights on today’s markets below.
The top gainer stock on Monday is Gain Capital Holdings Inc (NYSE:GCAP), which jumped by 25.53% to $5.36 in deals worth $128,600 by 10.00 am EDT. Today Gain Capital Holdings Inc (NYSE:GCAP) announced in a press release about a proposal from FXCM Inc., in which the last expressed its intention to acquire GAIN for 0.3996 shares of FXCM Class A common stock for each share of Gain Capital Holdings Inc (NYSE:GCAP) common stock. However, the board said that it will consider the proposal but there is no certainty regarding a possible transaction.
The second-highest gainer is Unilife Corp (NASDAQ:UNIS). The shares of company advanced by 18.09% to $2.35 in turnover worth about $565,400 by 10.11 am EDT. Unilife Corp (NASDAQ:UNIS) today released information about signing a 15-year contract with a U.S pharmaceutical company for the EZMix™ dual-chamber syringe. The contract is expected to bring revenues of up to $110 million, the company said in a statement.
The top of first three gainers on the markets is closed by Prima BioMed Limited (ASX:PRR). The stock last traded 16.89% higher at $3.10 by 10.01 am EDT. Today, Prima BioMed Limited (ASX:PRR) announced new details on its planned Share Purchase Plan (“SPP”), according to which, the offer price for the new fully paid ordinary shares under the SPP “will be equal to a 5% discount to the the volume weighted average price of Prima shares on ASX (“VWAP”) during the ten (10) trading days prior to the day on which the New Shares issued under the SPP are issued (which is expected to be Friday, 17 May 2013) (“Offer Price”).”
In the field of Volume leaders, the first position is hold by J.C. Penney Company, Inc. (NYSE:JCP), the shares of which decreased by 11.88% to $13.99 in turnover worth $35.7 million. Yesterday, J.C. Penney Company, Inc. (NYSE:JCP) announced that its CEO, Ron Johnson is out, according to CNBC.
The second Volume leader on Monday is Bank of America Corp (NYSE:BAC), which picked up 0.74% to $12.30 in deals worth $30.7 million by 10.18 am EDT. Earlier today, we have discussed the Bank of America Corp (NYSE:BAC)’s new marketing campaign and whether it will work or not.
Alcoa Inc (NYSE:AA) is the third most popular stock on Monday, falling 0.60% to $8.34 in deals worth $15.3 million. Yesterday, Alcoa Inc (NYSE:AA) published a press release about its first quarter results, according to which, its net income totalled $149 million, or $0.13 per share, while without special items, the net income was $121 million, or $0.11 per share.
Now, let’s move to the companies who had a rough start. The first on the list is BSD Medical Corporation (NASDAQ:BSDM), which lost 27.88% to $1.19 in turnover worth $1.6 million by 10.26 am EDT. BSD Medical Corporation (NASDAQ:BSDM) has got into a securities purchase agreement for the sale of some 4.1 million shares of its common stock for $1.23 per share, the company said in a statement released today.
The list goes next to Cache, Inc. (NASDAQ:CACH), which declined by 15.77% to $1.87 by 10.25 am EDT. A day earlier, Cache, Inc. (NASDAQ:CACH),which operates a specialty chain of women’s apparel stores, said about changes to its Board of Directors, which will be joined by Michael F. Price. Price is Managing Partner at MFP Partners, L.P., Cache’s largest shareholder, 4-traders reported.
Affymetrix, Inc. (NASDAQ:AFFX) with a depreciation of 12.45% is the third top loser on Monday. The company’s shares closed at $4.08 in deals worth $392,300 by 10.36 am EDT. According to a press release issued today, Affymetrix, Inc. (NASDAQ:AFFX) expects total revenue of some $78 million for the first three months of the year, which is lower than forecasted earlier.
