LMP

LMP Capital and Income Fund Inc. (SCD or “the Fund”; CUSIP: 50208A102) Announces Notification of Sources of Distributions

Retrieved on: 
Wednesday, May 1, 2024
Banking, Professional Services, Finance, Franklin Templeton Investments, Annual, Policy, Performance, NAV, Fund, LMP, Total return

Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.

Key Points: 
  • Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.
  • The Annualized Distribution Rate is the current fiscal period’s distribution rate annualized as a percentage of the Fund’s NAV as of March 31, 2024.
  • Distributions may be paid in part or in full from net investment income, realized capital gains and by returning capital, or a combination thereof.
  • A return of capital is not taxable; rather it reduces a shareholder’s tax basis in his or her shares of the Fund.

LMP Capital and Income Fund Inc. Announces Results of Annual Meeting of Stockholders

Retrieved on: 
Wednesday, April 17, 2024
Banking, Asset Management, Professional Services, Finance, Franklin Templeton Investments, LLP, SCD, ClearBridge Investments, PwC, Dunedin Blue Jays, Fund, LMP, Bank statement, Security (finance)

LMP Capital and Income Fund Inc. (the “Fund”) (NYSE: SCD) announced today the results of the votes cast at the Fund’s annual meeting of stockholders held April 12, 2024.

Key Points: 
  • LMP Capital and Income Fund Inc. (the “Fund”) (NYSE: SCD) announced today the results of the votes cast at the Fund’s annual meeting of stockholders held April 12, 2024.
  • In addition, the stockholders voted to ratify the selection of PricewaterhouseCoopers LLP as independent registered public accountants of the Fund for the fiscal year ending November 30, 2024.
  • Contact the Fund at 1-888-777-0102 for more information, or visit the Fund’s web site at www.franklintempleton.com/investments/options/closed-end-funds .
  • Franklin Resources, Inc. and its affiliates do not engage in selling shares of the Fund.

LMP Capital and Income Fund Inc. (SCD or “the Fund”; CUSIP: 50208A102) Announces Notification of Sources of Distributions

Retrieved on: 
Monday, April 1, 2024
Banking, Professional Services, Finance, Annual, Policy, NAV, Performance, LMP, Total return, Fund, Franklin Templeton Investments

Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.

Key Points: 
  • Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.
  • The Annualized Distribution Rate is the current fiscal period’s distribution rate annualized as a percentage of the Fund’s NAV as of February 29, 2024.
  • Distributions may be paid in part or in full from net investment income, realized capital gains and by returning capital, or a combination thereof.
  • A return of capital is not taxable; rather it reduces a shareholder’s tax basis in his or her shares of the Fund.

Lovell Minnick Partners Appoints Marshall Lux and Robert Orefice to Advisory Council

Retrieved on: 
Thursday, March 14, 2024
Professional Services, Finance, BCG, Aetion, Risk management, Growth, Private equity, Flagstar, Princeton University, Advisory Council, Risk, Health, Financial services, Harvard Business School, WebMD, Computer engineering, Walden University, LMP, Lovell Minnick Partners, AMD, Investment, Partnership, McKinsey & Company, Rochester Institute of Technology, Computer, Economics, Chase

Lovell Minnick Partners (“LMP”), a private equity firm investing in growth-oriented companies, today announced the appointment of Marshall Lux and Robert Orefice to its Advisory Council.

Key Points: 
  • Lovell Minnick Partners (“LMP”), a private equity firm investing in growth-oriented companies, today announced the appointment of Marshall Lux and Robert Orefice to its Advisory Council.
  • Marshall Lux brings over 35 years of experience and most recently served as Senior Partner at BCG and McKinsey, where he focused on all manner of Financial Services and Private Equity.
  • Marshall also serves as an independent member of various Boards, including Mphasis, Flagstar and Guardian Life Mutual Funds.
  • "We are excited to welcome Marshall and Robert as the newest members of our Advisory Council,” says Steve Pierson, Managing Partner at LMP.

MARKET MONITOR FINDS PJM WHOLESALE ELECTRICITY MARKETS COMPETITIVE

Retrieved on: 
Thursday, March 14, 2024
Electricity, PJM, Congestion, ARR, Sportradar, Policy, PJM Interconnection, FTR, Overalls, Wind, LMP, Load, Behavior, MMU, Coal, Kilowatt-hour, Renewable energy

EAGLEVILLE, Pa., March 14, 2024 /PRNewswire/ -- PJM Interconnection's wholesale electric energy market produced competitive results during 2023, according to the 2023 Annual State of the Market Report for PJM released today by Monitoring Analytics, LLC, the Independent Market Monitor for PJM.

Key Points: 
  • EAGLEVILLE, Pa., March 14, 2024 /PRNewswire/ -- PJM Interconnection's wholesale electric energy market produced competitive results during 2023, according to the 2023 Annual State of the Market Report for PJM released today by Monitoring Analytics, LLC, the Independent Market Monitor for PJM.
  • The report is the Independent Market Monitor's assessment of the competitiveness of the wholesale electricity markets managed by PJM in 13 states and the District of Columbia.
  • The report includes analysis of market structure, participant behavior and market performance for each of the PJM markets.
  • The Independent Market Monitor (also known as the Market Monitoring Unit or MMU) evaluates the operation of PJM's wholesale markets to identify ineffective market rules and tariff provisions, proposes improvements to market rules and tariff provisions when needed, monitors compliance with and implementation of the market rules, identifies potential anticompetitive behavior by market participants and provides comprehensive market analysis critical for informed policy and decision making.

Southern Oregon's Lake County Outback Named World's Largest Dark Sky Sanctuary

Retrieved on: 
Monday, March 11, 2024
Dark, Element, Cattle, Certification, Dark Skies, Education, Basin, Travel, Table, LMP, Tourism, Geography, Oregon Outback, Hot, Pacific Flyway, Hunting

LAKE COUNTY, Ore., March 11, 2024 /PRNewswire/ -- A 2.5-million-acre area of southeastern Oregon was certified as an International Dark Sky Sanctuary today by DarkSky International, making it the world's largest Dark Sky Sanctuary to date. The Sanctuary, which is approximately one-half the size of New Jersey and is located within an area commonly referred to as the Oregon Outback, has committed to protect its starry night skies for the benefit of visitors, residents, and wildlife.

Key Points: 
  • LAKE COUNTY, Ore., March 11, 2024 /PRNewswire/ -- A 2.5-million-acre area of southeastern Oregon was certified as an International Dark Sky Sanctuary today by DarkSky International, making it the world's largest Dark Sky Sanctuary to date.
  • To qualify as a Dark Sky Sanctuary, the area must meet strict criteria for sky quality, commit to protecting the night sky through responsible lighting practices, and provide public outreach.
  • The Outback is located within the largest, contiguous, pristine dark sky zone in the lower 48 states, and this certification helps to protect a large portion of the designated zone.
  • Education and outreach efforts included: Stargazing & Natural Night Skies Webinar Series, screenings of the film Saving the Dark, tri-county library access to Night Sky Adventure Kits, dark sky gatherings, local dark sky videos, educational exhibit tables coinciding with popular local events, dark sky presentations and workshops, and library programs as well as partnering with the neighboring Idaho Dark Sky Alliance to cohost educational events.

Comvest Credit Partners Provides Financing to Billhighway to Support Acquisition Strategy

Retrieved on: 
Tuesday, March 5, 2024
Professional Services, Payments, Data Management, Technology, Software, Finance, Consulting, Lovell Minnick Partners, Acquisition, Partner, CRM, Organization, Funding, LMP, Video game

The Financing will be used to refinance existing debt and support Billhighway’s acquisition of ChapterSpot, a provider of customer relationship management (CRM).

Key Points: 
  • The Financing will be used to refinance existing debt and support Billhighway’s acquisition of ChapterSpot, a provider of customer relationship management (CRM).
  • Founded in 1999, Billhighway provides an integrated software platform that helps multi-chapter member-based organizations improve efficiency through applications that span membership and event management, reporting and analytics, payment processing and invoicing.
  • We look forward to working together in support of Billhighway’s growth,” said Dan Lee, a Partner of Comvest.
  • “Comvest has long track record of supporting high-growth software and payments businesses, and we are excited to partner with the Comvest team in support of Billhighway’s continued growth strategy,” said Trevor Rich, Partner at LMP.

LMP Capital and Income Fund Inc. (SCD or “the Fund”; CUSIP: 50208A102) Announces Notification of Sources of Distributions

Retrieved on: 
Friday, March 1, 2024
Banking, Asset Management, Professional Services, Finance, Performance, NAV, Franklin Templeton Investments, Fund, Total return, Policy, LMP, Annual

Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.

Key Points: 
  • Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.
  • The Annualized Distribution Rate is the current fiscal period’s distribution rate annualized as a percentage of the Fund’s NAV as of January 31, 2024.
  • Distributions may be paid in part or in full from net investment income, realized capital gains and by returning capital, or a combination thereof.
  • A return of capital is not taxable; rather it reduces a shareholder’s tax basis in his or her shares of the Fund.

Definiti Appoints Kristin Andreski as Chief Executive Officer

Retrieved on: 
Friday, February 23, 2024
Consulting, Professional Services, Human Resources, Finance, Lovell Minnick Partners, ADP, Growth, Retirement, Organization, LMP, Management

Definiti LLC , a national leader in retirement services, today announced the appointment of Kristin Andreski as Chief Executive Officer, effective immediately.

Key Points: 
  • Definiti LLC , a national leader in retirement services, today announced the appointment of Kristin Andreski as Chief Executive Officer, effective immediately.
  • Ms. Andreski also served as Chief Experience Officer at Innovu, a Pittsburgh-based data analytics firm.
  • Ms. Andreski succeeds Tom Gaillard, who served as Chief Executive Officer of Definiti for the last eight years, scaling the company through successful acquisitions, partnerships and expanding product and service offerings.
  • “I’m thrilled to join Definiti as its next Chief Executive Officer,” said Kristin Andreski.

IGC Pharma Reports Third Quarter Fiscal 2024 Results

Retrieved on: 
Saturday, February 17, 2024
Science, Research, Natural Resources, Pharmaceutical, Alternative Medicine, Health, Mental Health, Clinical Trials, Artificial intelligence, Central nervous system disease, Pain, IGC, Loss, GMP, Composition, Treating, Cannabinoid, University, PPE, Certification, Administration, Patent, Patient, CBD, THC, LMP, Agitation, American University, Dementia, Bank statement, Somatic symptom disorder, Human, European Patent Convention, Pharmaceutical industry

IGC Pharma, Inc. (“IGC” or the “Company”) (NYSE American: IGC) today announced its financial results for the third fiscal quarter of 2024 ended December 31, 2023 (Q3 FY 2024).

Key Points: 
  • IGC Pharma, Inc. (“IGC” or the “Company”) (NYSE American: IGC) today announced its financial results for the third fiscal quarter of 2024 ended December 31, 2023 (Q3 FY 2024).
  • IGC is optimistic that the success in Mexico can pave the way for additional patent approvals in the U.S. and Europe.
  • We are working hard to obtain interim results in 2024.
  • With modest pricing and conservative market penetration IGC-AD1 can potentially be a block buster drug,” said Ram Mukunda, CEO of IGC Pharma.