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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South Korea Inflation Data On Tap For Wednesday
South Korea will on Wednesday release January numbers for consumer prices, highlighting a modest day for Asia-Pacific economic activity. Inflation is expected to increase 0.4 percent on month and 2.0 percent on year after rising 0.4 percent on month and 1.9 percent on year in December.
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5h 21min ago
TSX Ends Marginally Up
Canadian markets closed marginally up on Tuesday as trade concerns eased a bit after the U.S. administration decided to pause tariffs on Canadian goods for about a month.
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5h 30min ago
Australia Services PMI Improves To 51.2 - S&P Global
The services sector in Australia continued to expand in January, and at a faster pace, the latest survey from S&P Global revealed on Wednesday with a services PMI score of 51.2.
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5h 46min ago
New Zealand Jobless Rate Climbs To 5.1% In Q4
The unemployment rate in New Zealand came in at a seasonally adjusted 5.1 percent in the fourth quarter of 2024, Statistics New Zealand said on Wednesday - in line with expectations and up from 4.8 percent in the previous three months.
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5h 57min ago
Canadian Market Moderately Higher, Looks Set To End Session On Firm Note
The Canadian market is up firmly in positive territory Tuesday afternoon as investors pick up stocks from across several sectors following U.S. President Donald Trump deciding to delay levies on Canadian imports for a month.
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8h 8min ago
U.S. Dollar Lower As Tariff Worries Ease
The U.S. dollar weakened against its major counterparts in the New York session on Tuesday, as President Donald Trump paused trade tariffs on Mexico and Canada for a month.
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9h 4min ago
Swiss Market Settles Moderately Lower
Save for a very brief while at the start, the Switzerland market languished in negative territory on Tuesday with investors largely staying cautious and making stock specific moves.
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9h 41min ago
European Stocks Close Higher As Trump Delays Tariffs On Canada, Mexico
As worries about U.S. tariffs eased following U.S. President Donald Trump's decision to delay levies on Canada and Mexico, investors shifted their focus on quarterly earnings, and most of the markets across Europe had a positive session on Tuesday.
Trump's decision to hold off tariff imposition on Canada and Mexico has raised some hopes that the U.K. and the EU will likely avoid duties.
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9h 55min ago
