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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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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the early European session on Tuesday.
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38 minut temu
South Korea GDP Growth Fastest In 1 1/2 Years
South Korea's economy logged its fastest growth in one-and-a-half years in the third quarter, thanks to robust consumption and exports. Gross domestic product grew 1.2 percent from a quarter ago, advance estimate from the Bank of Korea showed on Tuesday. This followed second quarter's 0.7 percent expansion.
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1g 11 minut temu
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the early European session on Tuesday.
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1g 16 minut temu
European Economic News Preview: German GfK Consumer Confidence Due
Consumer sentiment from Germany and business confidence from Italy are the major economic reports due on Tuesday. At 3.00 am ET, the market research group GfK is slated to issue Germany's consumer sentiment survey results. The consumer confidence index is forecast to rise to -22.0 in November from -22.3 in October. Also, Statistics Sweden is set to issue monthly foreign trade data for September
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Europe Car Sales Grow For Third Month
Europe's new car sales increased for the third straight month in September driven by the launch of new models, the European Automobile Manufacturers' Association, or ACEA, said Tuesday. New car sales advanced 10.0 percent year-on-year in September, following a 5.3 percent rise in August. This was the third consecutive increase in car sales.
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2g 49 minut temu
European Shares Likely To Open On Tepid Note
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3g 9 minut temu
Sensex, Nifty Subdued In Lackluster Trade
Indian shares were subdued on Tuesday as investors locked in some profits after recent gains, driven by optimism over easing global trade tensions and expectations of corporate earnings rebound.
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3g 58 minut temu
Australian Market Extends Early Losses In Mid-market
The Australian stock market is extending its early losses in mid-market trading on Tuesday, reversing the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 9,050 level, with weakness across most sectors led by gold miners and technology stocks. Financial stocks are the only bright spot.
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5g 3 minut temu
