B. Riley Financial Guides Q4, FY22 Operating Adjusted EBITDA

RTTNews | hace 1041
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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China Stock Market May Stop The Bleeding On Monday

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.
RTTNews | hace 1h 6min
Australian Market Notably Lower

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.
RTTNews | hace 1h 15min
Taiwan Shares Poised To Rebound On Monday

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.
RTTNews | hace 1h 36min
Singapore Bourse May Snap Losing Streak

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.
RTTNews | hace 2h 6min