B. Riley Financial is a diversified financial services firm that offers a wide array of solutions, including investment banking, asset management, financial advisory, and brokerage services
The company serves a broad spectrum of clients, from corporations and institutional investors to high-net-worth individuals, facilitating capital raising, mergers and acquisitions, and strategic advisory initiatives. Additionally, B. Riley Financial provides independent research and valuation services, as well as a suite of financial products, positioning itself as a comprehensive resource for tailored financial solutions in various markets.
U.S. stocks plunged Tuesday as President Donald Trump‘s tariffs on key trade partners came into effect, prompting retaliatory measures and intensifying global trade tensions.
Stocks fell broadly on Monday to start the month of March with all three major indices red in midday trading. Investors digested a decline in February's ISM Manufacturing PMI data which fell to 50.3%, down from 50.9% in January.
In this brief market report, we will take a look at the various asset classes, sectors, equity categories, ETFs, and stocks that moved the market higher, as well as the market segments that defied the trend by moving lower.
Stocks recovered on Friday, with all three major indexes in the green, as the tech sector bounced back from Thursday's losses with NVIDIA Corp. (NASDAQNVDA) up 1.37% and Tesla, Inc. NASDAQ:TSLANASDAQTSLA)
B. Riley highlighted that it utilized approximately $118 million to retire the outstanding debt under its Nomura Senior Secured Credit Agreement and the rest for working capital.
B. Riley Financial, Inc. (NASDAQRILY) shares are trading higher Thursday after the company announced a $160 million senior secured debt facility provided by funds managed by Oaktree Capital Management.
Wondering how the US markets performed one hour before the close of the markets on Wednesday? Discover the movers and shakers of today's session in our comprehensive analysis.
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B. Riley Financial (NASDAQRILY) shares are trading lower Monday after the company announced it expects to record a combined impairment of approximately $120 million due to its investments in Franchise Group.
B. Riley Financial shares are trading higher Monday after the company announced it has entered into a partnership with Oaktree Capital Management. Here's a look a what's going on:
B. Riley Financial (NASDAQRILY) shares are trading higher following the announcement of significant strategic initiatives, including the sale negotiation of a majority stake in its Great American Group at a $380 million enterprise value, alongside a $236 million debt financing plan for its brands portfolio.
