Companies whose shares are expected to trade actively in today’s session are E TRADE Financial Corporation (NASDAQ:ETFC), Vera Bradley, Inc. (NASDAQ:VRA), Delcath Systems, Inc. (NASDAQ:DCTH), ANADIGICS, Inc. (NASDAQ:ANAD), The Men’s Wearhouse, Inc. (NYSE:MW) and SS and C Technologies Holdings Inc (NASDAQ:SSNC).
E TRADE Financial Corporation (NASDAQ:ETFC): The online brokerage firm said that its largest shareholder Citadel LLC has decided to sell its entire 9.6 percent stake in the company. Citadel had invested in E Trade during the height of its mortgage woes more than five years ago. Shares slipped 5.25 percent to $11.20 in early trading.
Vera Bradley, Inc. (NASDAQ:VRA): The handbag designer’s fourth quarter profits soared 25 percent amid strong revenues as this year’s fourth quarter had an added week compared to the same period of 2011. But the company issued a downbeat guidance for the current quarter and full year. Shares slipped 7.19 percent to $23.10 in early market trading.
Delcath Systems, Inc. (NASDAQ:DCTH): The pharmaceutical and medical device company is offering $50 million in stock. Delcath is using Cowen & Co. as its sales agent. Shares dipped 6.77 percent to $1.79 in early market trading.
ANADIGICS, Inc. (NASDAQ:ANAD): The company is offering an undisclosed number of shares. The power amplifier and other radio-frequency devices maker plans to use the proceeds to improve working capital and for general corporate purposes. Shares declined 7.24 percent to $2.05 in early trading.
The Men’s Wearhouse, Inc. (NYSE:MW): The apparel retailer’s fourth quarter losses narrowed due to strong revenues. The company also announced that it is evaluating various strategic alternatives for its K&G division. Shares soared 14.17 percent to $33.19 in early trading.
SS and C Technologies Holdings Inc (NASDAQ:SSNC): The company announced that two of its largest shareholders are offering 7.75 million shares. According to FactSet, the company has about 78.9 million outstanding shares. Shares skidded 1.77 percent to $27.25 in early market trading.
Another stock to watch for is Christopher & Banks Corp. (NYSE:CBK). The women’s clothing retailer’s fourth quarter losses narrowed amid strong sales and fewer charges.
