Mid-Day Market Movers (BYFC, SNBC, INS, ACAP)

Broadway Financial Corporation BYFC jumped 47.27% to $3.24 by 10:44 am. BYFC has reported a 49% year/year rise in its Q1 earnings. Sun Bancorp Inc SNBC shares surged 38.23% to $4.99. Ross will acquire a 24.9% stake in the parent company of Sun National Bank by buying $100 million of common and preferred stock. Intelligent Systems Corporation INS shares advanced 30.08% to $1.34. INS had $2.46 million of total cash and no debt in the latest quarter. American Physicians Capital Inc ACAP climbed 27.87% to $40.61. The Doctors Company has agreed to acquire ACAP for $41.50 per share in cash. Read more from Benzinga's Company news.