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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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Canadian Dollar Drops Against Most Majors
The Canadian dollar fell against its most major counterparts in the New York session on Friday.
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17 h 42 min atrás
Swiss Market Settles Moderately Lower
The Switzerland market ended weak on Friday, in line with markets across Europe, as investors chose to trim down positions at several counters, continuing to react to earnings updates and assessing the developments on the trade front.
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22 h 4 min atrás
European Markets Close Weak After Cautious Session
European markets closed weak on Friday, as investors reacted to a slew of earnings updates, regional economic data, and continued to assess the recent policy announcements from major central banks, and the developments on the trade front.
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22 h 28 min atrás
Canadian Market Marginally Down As Stocks Swings Between Gains And Losses
After an early upmove and a subsequent fall into negative territory, the Canadian market recovered a bit on Friday, but slipped again in cautious trade.
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23 h 15 min atrás
Chicago Business Barometer Climbs More Than Expected But Still Indicates Contraction
A reading on Chicago-area business activity increased by more than expected in the month of October but continued to indicate contraction, according to a report released by MNI Indicators on Friday. The report said the Chicago business barometer climbed to 43.8 in October after slipping to 40.6 in September. Economists had expected the index to show a more modest increase to 42.3.
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1 dia atrás
Eurozone Inflation Softens On Energy Prices
Eurozone inflation softened in October largely due to the fall in energy prices, while core consumer prices registered a steady growth, official data revealed Friday. The harmonized index of consumer prices rose 2.1 percent on a yearly basis, following a 2.2 percent rise in September, flash estimate from Eurostat showed. Inflation came in line with expectations.
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1 dia atrás
Bay Street May Open On Positive Note
The Canadian market may open on a positive note on Friday as technology stocks are likely to see some brisk buying thanks to encouraging earnings guidance from U.S. tech majors Apple Inc., and Amazon.
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1 dia atrás
FTSE 100 Modestly Lower; Bank Stocks Among Notable Losers
The UK stock market's benchmark index FTSE 100 is down in negative territory on Friday, weighed down by losses in the banking sector. After nine successive days of gains, the index looks likely to settle on a weak note today.
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1 dia atrás
