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B. Riley Financial Guides Q4, FY22 Operating Adjusted EBITDA
(RTTNews) - Financial services platform B. Riley Financial, Inc. (RILY) on Tuesday released fourth quarter guidance for Operating Adjusted EBITDA in the range of $90 million to $100 million. For the full year 2022, the Company estimates Operating Adjusted EBITDA in the range of $355 million to $365 million.
The Company estimates investment losses in the range of $125 million to $150 million for the fourth quarter of 2022, and $405 million to $430 million for the full year 2022. Estimated mark-to-market investment losses reflect continued softness in small cap markets.
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Swiss Market Ends Modestly Lower
The Switzerland market closed on a weak note on Monday, after languishing in negative territory right through the day's trading session as investors remained hesitant to pick up stocks, choosing to wait for some crucial economic data, and the monetary policy announcements from several central banks.
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Před 4 h 27 min
European Stocks Close Mostly Higher On Easing Trade Tensions
European stocks closed on a positive note on Monday with investors focusing on the upcoming monetary policy announcements from several central banks, including the European Central Bank, the Federal Reserve and the Bank of Japan, and following the developments on U.S.-China trade front.
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Před 4 h 43 min
German Business Confidence Improves On Stronger Expectations: Ifo
Business morale in Germany rebounded more than expected in October as companies' expectations were the strongest in over three-and-a-half years, though they gave a weaker assessment of the current situation for a third month in a row, results of a closely watched survey by the ifo institute showed on Monday.
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Před 7 h 0 min
Dollar Rebounds As US-China Trade Tensions Ease
The U.S. dollar ended up higher against major currencies during the week ended October 24 amidst an easing in trade tensions between the U.S. and China.
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Před 8 h 26 min
Bay Street May Open On Mixed Note
The Canadian market is likely to open on a mixed note on Monday. Easing worries about U.S.-China trade tensions may aid sentiment, while weak commodity prices could weigh on resources stocks and limit market's upside, if any.
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Před 10 h 12 min
FTSE 100 Moves In Tight Band; Fresnillo Down Sharply
UK stocks are moving in a tight range on Monday with investors mostly making cautious moves, looking ahead to the monetary policy meetings of the Federal Reserve, the European Central Bank and the Bank of Japan.
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Před 11 h 4 min
French Stocks Turning In Mixed Performance; CAC Up Marginally
After a slightly positive start and a subsequent drop, France's CAC 40 has edged up a bit on Monday with investors digesting earnings updates and the regional economic data, and looking ahead to the monetary policy announcements from the European Central Bank and the Federal Reserve this week.
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Před 11 h 41 min
DAX Up Slightly; Porsche Up After Smaller Than Expected Drop In Earnings
The German market is up slightly on Monday amid optimism about easing U.S.-China trade tensions following negotiators from the two nations reaching a preliminary trade framework.
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Před 12 h 6 min
