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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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European Shares Little Changed; German Ifo Survey Data Awaited
European stocks hovered near record levels on Monday, driven by optimism about easing U.S.-China trade tensions.
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il y a 1h 10min
Asian Shares Rally As US-China Tensions Ease
Asian stocks advanced on Monday as softer-than-expected U.S. inflation report raised hopes of Federal Reserve rate cuts and reports suggested that the United States and China were closing in on a trade deal.
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il y a 1h 36min
European Economic News Preview: German Ifo Business Confidence Due
Business confidence survey results from Germany and private sector credit from the euro area are the top economic news due on Monday. At 3.00 am ET, household lending from Sweden and monetary aggregates from Norway are due.
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il y a 4h 36min
European Shares Seen Higher As US, China Agree Framework Of Trade Deal
European stocks are likely to open higher on Monday after the U.S. and China hailed progress in trade talks in Malaysia.
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il y a 4h 37min
Yen Falls Amid Fiscal Worries
The Japanese yen weakened against other major currencies in the Asian session on Monday, as fiscal concerns replaced the Bank of Japan's (BoJ) rate hike expectations.
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il y a 5h 17min
Commodity Currencies Rise Amid Risk-on Mood
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against other major currencies in the Asian session on Monday amid increased risk-on mood, as traders remain optimistic the US Fed will cut interest rate by another 50 bps by year-end on easing trade tensions between the U.S. and China and cooler-than-expected US consumer price inflation data. They now look ahead to the Fed's monetary policy announcement later in the week.
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il y a 5h 25min
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Monday.
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il y a 5h 38min
Canadian Dollar Climbs Against Most Majors
The Canadian dollar strengthened against most major currencies in the Asian session on Monday.
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il y a 5h 45min
