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Institutional traders personal a big stake of 43% in Lument Finance Belief, Inc. (NYSE:LFT)

If you wish to know who actually controls Lument Finance Belief, Inc. (NYSE:LFT), then you definately’ll have to have a look at the make-up of its share registry. And the group that holds the most important piece of the pie are establishments with 43% possession. In different phrases, the group stands to realize essentially the most (or lose essentially the most) from their funding into the corporate.

Since institutional have entry to large quantities of capital, their market strikes are inclined to obtain numerous scrutiny by retail or particular person traders. Because of this, a sizeable quantity of

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Posted On : Published By : Mark Jensen
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Legislator has private stake in rape and incest exceptions for abortion legal guidelines

On Tuesday, Gov. John Bel Edwards signed right into a regulation a invoice that might criminalize abortion in Louisiana with no exceptions for rape or incest in anticipation of the Supreme Courtroom overturning its 1973 resolution, Roe v. Wade.

The invoice, authored by Sen. Katrina Jackson (D-Monroe), exempts pregnant ladies from prosecution however penalizes medical doctors who terminate pregnancies to a most $100,000 high-quality and 10 years in jail.

A draft opinion by the Supreme Courtroom leaked in Might advised that the courtroom might probably reverse the Roe vs. Wade resolution that established the constitutional proper to abortion. The

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Posted On : Published By : Mark Jensen
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The Producers Life Insurance coverage Firm Has $12.23 Million Stake in EastGroup Properties, Inc. (NYSE:EGP)

The Producers Life Insurance coverage Firm lifted its holdings in shares of EastGroup Properties, Inc. (NYSE:EGP) by 2.8% within the third quarter, in line with the corporate in its most up-to-date 13F submitting with the Securities and Change Fee (SEC). The agency owned 73,422 shares of the true property funding belief’s inventory after shopping for a further 2,023 shares through the quarter. The Producers Life Insurance coverage Firm’s holdings in EastGroup Properties had been value $12,234,000 on the finish of the newest quarter.

A number of different massive traders have additionally modified their holdings of the corporate. Zimmer Companions LP

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Posted On : Published By : Mark Jensen
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Ayala eyes stake in Singapore, Myanmar corporations for $237.5M

Ayala Corp. introduced on Friday its plan to amass a 20% share in Singapore-based Yoma Strategic Holdings Inc. (YSH) and a 20% stake in First Myanmar Funding Public Co. Ltd. (FMI).

The whole funding quantities to $237.5 million, the listed conglomerate stated in a inventory change disclosure.

“The transaction helps Ayala’s technique to pursue worldwide enlargement opportunistically, significantly in markets and sectors the place it will probably convey its strengths and experience,” it stated.

“Myanmar is an underneath penetrated frontier market with a promising financial progress story, supported by its authorities’s broad liberalization initiatives,” it added.

The funding in YSH

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Posted On : Published By : Mark Jensen
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House Republicans close money gap with majority at stake

“Our leaders are setting records. And our members — especially these freshmen — you’ve got these $500,000 to $1 million reports that are coming out just a couple years after a big report for Republicans was typically around $250,000,” said Rep. Tom Emmer (R-Minn.), the chair of the National Republican Congressional Committee.

The GOP had some prolific fundraisers last quarter: Reps. Young Kim (R-Calif.) and Brian Fitzpatrick (R-Pa.) both cleared $1 million. Reps. Nancy Mace (R-S.C.), Lauren Boebert (R-Colo.) and Ashley Hinson (R-Iowa) raised over $850,000. All but Fitzpatrick are members of the 2020 freshman class.

To be sure, House

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Posted On : Published By : Mark Jensen
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AIG to sell life and retirement unit stake to Blackstone, another with IPO

A new sign is displayed over the entrance to the AIG headquarters offices in New York’s financial district, January 9, 2013. REUTERS/Brendan McDermid

July 14 (Reuters) – American International Group Inc (AIG.N)plans to use an IPO to sell part of its life and retirement business, while Blackstone Group Inc (BX.N)agreed to buy a sizeable stake, according to a person familiar with the matter.

AIG and Blackstone said on Wednesday the private equity firm would pay $2.2 billion in cash for 9.9{3620381a13159a468e49440759e066b806585052159d280f445194d667fac272} of the unit, sending the insurer’s shares more than 6{3620381a13159a468e49440759e066b806585052159d280f445194d667fac272} higher in after-market trading.

AIG had been fielding inquiries

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Posted On : Published By : Mark Jensen