Walmart halts H-1B visa offers amid Trump’s $100,000 fee increase - Bloomberg
Murray Stahl, President and Co-Portfolio Manager at RENN Fund, Inc. (exchange:RCG), reported purchasing shares of common stock on September 19, 2025. The transactions involved the acquisition of shares at a price of $2.65, totaling $3005. The fund, with a market capitalization of $18.2 million, has demonstrated strong performance with a 29% return over the past year and maintains an impressive P/E ratio of 5. InvestingPro analysis shows the company has achieved a "GREAT" overall financial health score of 3.19.
Stahl acquired a total of 1132 shares of RENN Fund’s common stock. These purchases were made across multiple entities, including 360 shares directly and indirectly through his spouse, Fromex Equity Corp, FRMO Corp, Horizon Common Inc., Horizon Kinetics Hard Assets LLC, and Horizon Kinetics Asset Management LLC. According to InvestingPro, RCG has shown strong returns over the last five years, with additional ProTips available for subscribers. Discover comprehensive insider trading patterns and detailed financial analysis in the Pro Research Report, available with an InvestingPro subscription.
In other recent news, iA Financial Corporation Inc. has announced a significant acquisition of RF Capital Group Inc. for $597 million. This all-cash transaction aims to bolster iA Financial’s standing in the Canadian independent wealth management market. The agreement values RF Capital’s common shares at $20.00 each, offering a premium of about 107% compared to RF Capital’s closing price on July 25. The acquisition includes $370 million for RF Capital’s fully diluted equity and an additional $227 million in financial obligations. This move is part of iA Financial’s strategic efforts to expand its market reach and capabilities. The details of the transaction reflect a considerable investment in consolidating its position within the industry. These developments mark a key moment in iA Financial’s growth trajectory.
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