Reklāma
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.
read more
European Shares Seen Tad Lower At Open
European stocks may open a tad lower on Wednesday as investors await the Federal Reserve's interest-rate decision as well as earnings from the five "Magnificent Seven" companies for direction.
RTTNews
|
26 minutes ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.
RTTNews
|
33 minutes ago
European Economic News Preview: UK Mortgage Approvals Data Due
Mortgage approvals data from the UK and flash GDP estimates from Spain are due on Wednesday, headlining a light day for the European economic news. At 3.00 am ET, Statistics Sweden releases preliminary GDP data for the third quarter. The economy is forecast to grow 0.8 percent sequentially after rising 0.5 percent a quarter ago.
RTTNews
|
37 minutes ago
Sensex, Nifty Modestly Higher In Lackluster Trade
Indian shares opened on a positive note Wednesday due to Fed rate cut expectations and signs of easing U.S.-China trade tensions.
RTTNews
|
1h 44min ago
Australian Market Sharply Extends Early Losses In Mid-market
The Australian stock market is sharply expending its early losses in mid-market moves on Wednesday, reversing the losses in the previous session, with the benchmark S&P/ASX 200 falling below the 8,950 level, despite the broadly positive cues from Wall Street overnight, as domestic inflation jumped higher-than-expected, with weakness in financial and technology stocks.>
RTTNews
|
2h 34min ago
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Wednesday, following the broadly positive cues from Wall Street overnight, as traders remain cautious and are reluctant to make more significant moves ahead of the U.S. Fed's interest rate decision later in the day and are optimistic about a potential trade deal between the U.S. and China. Asian markets closed mostly lower on Tuesday.
RTTNews
|
2h 58min ago
Sensex, Nifty Seen Higher On Firm Global Cues
Indian shares look set to open higher on Wednesday, mirroring firm cues from global markets following upbeat news from Nvidia and Microsoft.
RTTNews
|
3h 19min ago
Thai Shares May See Renewed Support On Wednesday
The Thai stock market on Tuesday ended the five-day winning streak in which it had picked up more than 50 points or 3.9 percent. The Stock Exchange of Thailand now rests just shy of the 1,315-point plateau although it may tick higher again on Wednesday.
RTTNews
|
4h 3min ago
