Financial Sector Top Gainers: CNinsure (NASDAQ:CISG), NMI Holdings (NASDAQ:NMIH), Harris & Harris Group (NASDAQ:TINY), Ameris Bancorp (NASDAQ:ABCB)

Posted by on Mar 12, 2014

CNinsure Inc. (NASDAQ:CISG), a leading independent insurance intermediary company operating in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 20131. CNinsure Inc. (ADR) (NASDAQ:CISG) stock opened at $7.77 in last session, and closed at $8.62, while the day range of CNinsure Inc. (ADR) (NASDAQ:CISG) stock is $7.70 – $8.94. The stock showed a positive weekly performance of 35.53%.

NMI Holdings, Inc., (NASDAQ:NMIH) (the “Company”), the parent company of National Mortgage Insurance Corporation (National MI), on 10 march reported its results for the three months and the full year ended December 31, 2013. The Company reported a net loss for the quarter ended December 31, 2013 of $13.1 million, or $0.23 per share, and a net loss of $55.2 million, or $0.99 per share, for the year ended December 31, 2013. NMI Holdings Inc. (NASDAQ:NMIH) stock opened at $11.28 in last session, and closed at $11.96 by gaining 5.37%. The 52 week range of $10.32 – $15.24. Company’s market capitalization is $665.43 million.

On March 10, 2014, Harris & Harris Group, Inc. (NASDAQ:TINY) noted the article posted by Robert Perkins in Phys.Org on the Company’s portfolio company, D-Wave Systems, Inc., on March 5, 2014. The article, titled “D-Wave chip passes rigorous tests,” discusses the results of research published on February 28, 2014, in Nature Physics. Harris & Harris Group, Inc. (NASDAQ:TINY) stock increased 7.65% and finished the last session at $3.52. The EPS of the stock remained -0.65. Company’s market capitalization is $109.68 million.

The Coastal Bank, based in Savannah, is merging with Ameris Bancorp (NASDAQ:ABCB) that’s the parent company of Ameris Bank. In a news release, the company says it will become largest community bank on the Georgia coast after the merger is complete. Ameris Bancorp (NASDAQ:ABCB) stock opened the session at $21.52, and closed the session at $22.96. The 52 week range of the Ameris Bancorp (NASDAQ:ABCB) stock remained $13.03 – $23.08 and the day range was $21.22 – $23.08.

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