GAIN Capital Reports Third Quarter and Nine Months 2016 Results
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Jefferies Cuts Price Target on Gain Capital (GCAP); Reiterates Buy
November 4, 2016 9:22 AM EDTJefferies maintained a Buy rating on Gain Capital Holdings (NYSE: GCAP), and cut the price target to $7.00 (from $8.00), following the company's 3Q earnings report. Net revenues of $72.2M came in ahead of $69.0M estimates with retail revenue the primary driver.
Analyst Daniel... More
Gain Capital (GCAP) Raises Quarterly Dividend 20% to $0.06; 5.3% Yield
November 4, 2016 8:38 AM EDTGain Capital (NYSE: GCAP) declared a quarterly dividend of $0.06 per share, or $0.24 annualized. This is a 20% increase from the prior dividend of $0.05.
The dividend will be payable on December 22, 2016, to stockholders of record on December 12, 2016, with an ex-dividend date of December 8,... More
