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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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CAC 40 Down Slightly; Earnings In Focus
French stocks are turning in a mixed performance on Tuesday with investors reacting to some quarterly earnings announcements, and awaiting the upcoming meeting of U.S. President Donald Trump and Chinese President Xi Jinping, and monetary policy decisions from central banks, including the European Central Bank, the Federal Reserve and the Bank of Japan.
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Pred 17 minútami
Pound Falls Amid BoE Rate Cut Speculation
The British pound weakened against other major currencies in the European session on Tuesday, as traders speculate that the Bank of England (BoE) is likely to deliver a 25-basis-point rate cut in November.
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Pred 20 minútami
Sensex Drops 150 Points; Nifty Ends Below 25,950
Indian shares ended modestly lower on Tuesday as investors locked in some profits after recent gains.
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Pred 26 minútami
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Tuesday.
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Pred 33 minútami
DAX Down Marginally In Cautious Trade As Investors Await Direction
German stocks are showing weakness on Tuesday with investors staying cautious, looking forward to crucial central bank meetings and the upcoming meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping in South Korea on Thursday for direction.
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Pred 38 minútami
U.S. Dollar Falls Amid Rising Fed Rate Cut Bets
The U.S. dollar weakened against other major currencies in the early European session on Tuesday, as the U.S. Fed widely expect to lower rates by another quarter point.
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Pred 46 minútami
European Shares Slip From Record Highs Ahead Of Xi-Trump Meeting
European stocks fell from record highs on Tuesday as investors looked forward to key central bank meetings as well as a planned meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping in South Korea on Thursday for direction.
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Pred 1 h 36 min
Yen Rises Amid Intervention Fears
The Japanese yen strengthened against other major currencies in the early European session on Tuesday, amid fears that government officials may step in to stop a further drop in the value of the home currency.
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Pred 2 h 12 min
