StoneX Group Inc Closes on the Acquisition of GAIN Capital Holdings, Inc.

Certain types of stock or collectibles may be taxed at a higher 28% capital gains rate, and real estate gains can go as high as 25%. Moreover, if the capital gains put your income over the threshold for the 15% capital gains rate, the excess will be taxed at the higher 20% rate. These forward-looking statements are largely based on current expectations and projections about future events and financial trends that may affect the financial condition, results of operations, business bull pennant strategy and financial needs of the company. They can be affected by inaccurate assumptions, including the risks, uncertainties and assumptions described in the filings made by INTL FCStone Inc. with the Securities and Exchange Commission. In light of these risks, uncertainties and assumptions, the forward-looking statements in this press release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements.

  1. This is expected to have increased loan pricing in the company’s platform and lowered approval rates for loan applicants, thus reducing transaction volume and affecting the top line.
  2. GAIN Capital Holdings, Inc. was founded in 1999 and is headquartered in Bedminster, New Jersey.
  3. The company offers execution and risk management services for exchange-traded futures and futures options on the United States and European futures and options exchanges; and online trading services.
  4. For these reasons, a thorough understanding of capital gains taxes can make a big difference for an investor.

You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. Our proven model does not conclusively predict an earnings beat for Upstart this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat.

What Is a Capital Gain?

The cost of these improvements can be added to the cost basis of your house and reduce the overall gain that will be taxed. Owning a business is another component of financial wealth, and separate data show Black-owned businesses had a tougher time during the pandemic. While government support such as increased unemployment benefits and stimulus checks helped stave off a COVID-induced recession, financial asset prices rose so significantly with the reopening of the economy through 2021 that racial wealth disparities increased. And while those market-linked assets did fall in 2022 when the Federal Reserve rapidly increased interest rates, “those declines did not fully offset the earlier rises,” according to the New York Fed.

A strong performance in financial markets, particularly an outsize gain for the stock market in 2021, helped entrench existing trends of wealth inequality during the pandemic, new data released this week show. When we look at a dividend stock, we need to form a judgement on whether the dividend will grow, if the company is able to maintain it in a wide range of economic circumstances, and if the dividend payout is sustainable. We’re a bit uncomfortable with it paying a dividend while reporting a loss over the past year. Earnings per share are down, and to our mind GAIN Capital Holdings has not been paying a dividend long enough to demonstrate its resilience across economic cycles.

If you spot an error that warrants correction, please contact the editor at editorial- This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Part of StoneX Group, Inc., GTX SEF LLC is a company headquartered in Bedminster, NJ, that provides online foreign exchange trading services. It is incurred when there is a decrease in the capital asset value compared to an asset’s purchase price. The industries with the largest total job losses early in the pandemic were also sectors where more Black-owned businesses are concentrated — accommodation, food services, retail, health care, and social assistance.


“The study really shows the difference between making gains when it comes to income, and closing that gap, versus when it comes to wealth,” said Janelle Jones, Vice President of Policy and Advocacy at the Washington Center for Equitable Growth. The period featured a remarkable level of government financial support and, after the initial shock of the pandemic, a surprisingly strong job market. The unemployment rate for Black Americans in particular is now at 5.3%, near a record low, compared to an overall unemployment rate of 3.7%.

Shareholders receive the fund’s capital gains distribution along with a 1099-DIV form detailing the amount of the capital gain distribution and how much is considered short-term and long-term. This distribution reduces the mutual fund’s net asset value by the amount of the payout though it does not impact the fund’s total return. Capital gains are the profits that are realized by selling an investment, such as stocks, bonds, or real estate. Capital gains taxes are lower than ordinary income taxes, providing an advantage to investors over wage workers.

It sure looks interesting on these metrics – but there’s always more to the story . The company also bought back stock equivalent to around 43% of market capitalisation this year. Some simple analysis can offer a lot of insights when buying a company for its dividend, and we’ll go through this below. GAIN Capital Group LLC, a subsidiary of StoneX Group, Inc., is a company headquartered in the United States. For these reasons, a thorough understanding of capital gains taxes can make a big difference for an investor. You can reduce capital gains tax on your home by living in it for more than two years and keeping the receipts for any home improvements you make.

Inflation & Prices

Moreover, capital losses can sometimes be deducted from one’s total tax bill. In 2023, long-term capital gains can be taxed at 0%, 15%, 20%, or 25%. The rate at which your gains are taxed will depend on your income, filing status, and the type of asset. Tax-conscious mutual fund investors should determine a mutual fund’s unrealized accumulated capital gains, which are expressed as a percentage of its net assets, before investing in a fund with a significant unrealized capital gain component. When distributed by a fund, capital gains are a taxable obligation for the fund’s investors.


For the fourth quarter, the company expects revenues of approximately $135 million. The Zacks Consensus Estimate is currently pegged at $135.3 million, suggesting a decline of 7.9% year over year. During the pandemic, the real value of Black-held financial assets dropped in 2022 to below its 2019 level and continued to decline steadily, while the real value of Hispanic-held financial assets dipped below its 2019 level in 2022 and stagnated. Neither group’s real financial assets have recovered to their 2019 values.

Moreover, the company is expected to have gained from a growing partner base in the fourth quarter. It is engaged with multiple prospective partners who are actively exploring long-term capital relationships. Consumer delinquencies are elevated, and funding markets remain limited in their appetite for risk. This is expected to have increased loan pricing in the company’s platform and lowered approval rates for loan applicants, thus reducing transaction volume and affecting the top line.

GAIN Capital

We have also put together a list of global stocks with a market capitalisation above $1bn and yielding more 3%. GAIN Capital was founded in 1999 in Bedminster, New Jersey, and was one of the early developers of online forex trading. © 2024 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.

The company is scheduled to report fourth-quarter 2023 results on Feb 21. Its earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 19%. However, Upstart’s fourth-quarter results are likely to gain from its strategy to operate as a multiproduct company. Recent launches across its product portfolio powered by generative AI and machine learning may have favored UPST’s performance in the to-be-reported quarter. These examples are programmatically compiled from various online sources to illustrate current usage of the word ‘capital gain.’ Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors.

Closing the wealth gap is more difficult because a significantly larger number of white households traditionally have money in stocks and mutual funds. A separate Fed survey shows that as of 2022, about 65.6% of white households had investments in stocks, compared with 28.3% for Hispanic households and 39.2% for Black households. Capital gains are realized when you sell an asset by subtracting the original purchase price from the sale price. The Internal Revenue Service (IRS) taxes individuals on capital gains in certain circumstances. More than 50% of Black financial wealth is invested in pensions, the New York Fed found.

When you consider these forward-looking statements, you should keep in mind these risk factors and other cautionary statements in this press release. GAIN Capital Australia Pty Ltd. (doing business as Australia), a subsidiary of StoneX Group, Inc., is a company headquartered in Sydney, Australia, that provides online foreign exchange trading services. The term capital gain refers to the increase in the value of a capital asset when it is sold. Put simply, a capital gain occurs when you sell an asset for more than what you originally paid for it. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

From the perspective of an income investor who wants to earn dividends for many years, there is not much point buying a stock if its dividend is regularly cut or is not reliable. Looking at the last decade of data, we can see that GAIN Capital Holdings paid its first dividend at least eight years ago. The dividend has been quite stable over the past eight years, which is great to see – although we usually like to see the dividend maintained for a decade before giving it full marks, though. During the past eight-year period, the first annual payment was US$0.20 in 2011, compared to US$0.24 last year.


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