Advertisement
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
Malaysia Stock Market May Spin Its Wheels On Thursday
The Malaysia stock market has finished lower in back-to-back sessions, slipping almost 7 points or 0.4 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,610-point plateau and it may remain stuck in neutral on Thursday.
RTTNews
|
9 phút trước
Japan Bourse May See Mild Downside Correction
The Japan stock market rebounded on Wednesday, one day after ending the two-day winning streak in which it had rallied more than 1,800 points or 3 percent. The Nikkei 225 now rests just above the 51,300-point plateau although it may run out of steam on Thursday.
RTTNews
|
24 phút trước
South Korea Shares May Be Stuck In Neutral
The South Korea stock market bounced higher again on Wednesday, one day after halting the two-day winning streak in which it had gained almost 200 points or 5 percent. Now at a fresh record closing high, the KOSPI sits just above the 4,080-point plateau although investors may lock in gains on Thursday.
RTTNews
|
39 phút trước
Japan Rate Decision On Tap For Thursday
The Bank of Japan will wrap up its monetary policy meeting on Thursday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The BoJ is expected to keep its benchmark lending rate steady at 0.50 percent.
RTTNews
|
1h 39phút trước
Swiss Market Ends On Weak Note
After spending a few minutes in positive territory at the start, Switzerland stock market's benchmark SMI drifted down and then stayed weak right through the trading session on Wednesday, with investors digesting corporate earnings updates and looking ahead to the Federal Reserve's rate decision due later in the day.
RTTNews
|
4h 56phút trước
Fed Announces Widely Expected Decision To Cut Rates By Another Quarter Point
After cutting interest rates for the first time this year in September, the Federal Reserve on Wednesday announced its widely expected decision to lower rates by another quarter point. The Fed said it decided to lower the target range for the federal funds rate by 25 basis points to 3.75 percent to 4.0 percent in support of its dual goals.
RTTNews
|
5h 24phút trước
Major European Markets Close On Mixed Note Ahead Of Fed Rate Decision
European stocks turned in a mixed performance on Wednesday with investors reacting to a slew of earnings announcements, and looking ahead to the monetary policy announcement from the Federal Reserve later in the day, and the upcoming meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping.
Investors also looked ahead to the ECB's policy announcement due tomorrow.
RTTNews
|
5h 25phút trước
Canadian Market Drifts Lower After BoC Rate Decision; Energy, Materials Shares Rise
The Canadian market is down in negative territory around noon on Wednesday, weighed down by losses in consumer, healthcare, industrials and real estate sectors.
Investors are digesting the Bank of Canada's rate cut decision, and looking ahead to the Federal Reserve's interest rate announcement due later in the day.
RTTNews
|
7h 34phút trước
