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B. Riley Financial Guides Q4, FY22 Operating Adjusted EBITDA
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(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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China Stock Market May Stop The Bleeding On Monday
The China stock market has finished lower in back-to-back sessions, slipping more than 60 points or 1.5 percent along the way. The Shanghai Composite Index now sits just above the 3,950-point plateau, although it's due for support on Monday.
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Indonesia Manufacturing PMI Improves To 51.2 In October - S&P Global
The manufacturing sector in Indonesia continued to expand in October, and at a faster rate, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 51.2.
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Thai Manufacturing Sector Picks Up Steam In October - S&P Global
The manufacturing sector in Thailand continued to expand in October, and at a faster rate, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 56.6.
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Australian Market Notably Lower
The Australian stock market is notably lower on Monday, adding the losses in the previous four sessions, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,850.00 level, with weakness in gold miners and financial stocks partially offset by gains in iron ore miners, energy and technology stocks.
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Vietnam Manufacturing Sector Accelerates In October - S&P Global
The manufacturing sector in Vietnam continued to expand in October, and at a faster rate, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 54.5.
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Philippines Manufacturing Sector Inches Into Expansion - S&P Global
The manufacturing sector in the Philippines moved up into expansion territory in October - barely - according to the latest survey from S&P Global, with a manufacturing PMI score of 50.1.
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Taiwan Shares Poised To Rebound On Monday
The Taiwan stock market has finished lower in back-to-back sessions, sinking more than 60 points or 0.2 percent along the way. The Taiwan Stock Exchange now sits just above the 28,230-point plateau although it may find traction on Monday.
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Singapore Bourse May Snap Losing Streak
The Singapore stock market has finished lower in three straight sessions, sinking more than 20 points or 0.5 percent in that span. The Straits Times Index now sits just beneath the 4,430-point plateau although it may stop the bleeding on Monday.
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