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B. Riley Financial Inc - RILY STOCK NEWS

Welcome to our dedicated news page for B. Riley Financial (Ticker: RILY), a resource for investors and traders seeking the latest updates and insights on B. Riley Financial.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect B. Riley Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of B. Riley Financial's position in the market.

Rhea-AI Summary
B. Riley Financial, Inc. files its 2023 Annual Report on Form 10-K, announcing positive financial results and strategic developments. The company's Chairman emphasizes continued performance and growth opportunities, with a focus on debt reduction and investment in core businesses.
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B. Riley Farber expands its Western Canada restructuring practice by hiring Ryan Adlington as the Senior Managing Director. With over 20 years of experience in restructuring and turnaround roles, Ryan will lead the firm's practice in Alberta, focusing on growth in Canada's Western region.
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Atlantic Coast Recycling announced the opening of its state-of-the-art recycling facility in Passaic, NJ, backed by a $47 million investment led by B. Riley Financial. The plant is equipped with advanced technology to process over 50 tons of recyclables per hour, serving residential and commercial clients in the Tri-State region and generating high-quality materials for manufacturers. The facility aims to streamline recycling operations, benefitting over 60 municipalities and approximately one million residents in northern New Jersey.
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B. Riley Financial, Inc. (RILY) announces cash dividends on its Preferred Stocks, with the 6.875% Series A dividend at $0.42968750 per depositary share and the 7.375% Series B dividend at $0.4609375 per depositary share.
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-10.88%
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B. Riley Financial (Nasdaq: RILY) welcomes Virginia Schnippel as Managing Director in Chicago. Schnippel, with 23 years of experience, joins the Corporate Advisory & Valuation Services team, showcasing the company's commitment to top-tier expertise.
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-2.46%
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B. Riley Financial, Inc. (RILY) received a delinquency notification letter from Nasdaq due to the delayed filing of its Annual Report. The Company's securities on Nasdaq are not immediately affected, but it must submit a plan to regain compliance within 60 days.
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-2.46%
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B. Riley Securities announces sponsors for its Annual Institutional Investor Conference on May 22-23, 2024, featuring over 200 companies from various sectors. The event will host 1,000 attendees and offer networking opportunities through fireside discussions and panels.
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B. Riley Financial, Inc. announces the retention of Moelis & Company LLC as an independent financial advisor to explore strategic alternatives for its Appraisal and Valuation Services, and Retail, Wholesale & Industrial Solutions businesses. The businesses, collectively known as Great American Group, have shown significant revenue and operating income growth in fiscal year 2023. The potential sale or transaction could unlock greater value for shareholders.
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-8.1%
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B. Riley Financial, Inc. (RILY) released preliminary unaudited financial results for the fourth quarter and full year ending December 31, 2023. Total revenues for Q4 2023 were $347 million with a net loss of $70 million. For the full year 2023, total revenues increased to $1.65 billion, but a net loss of $86 million was driven by a non-cash impairment charge. Operating adjusted EBITDA for the year was $368 million compared to $394 million in 2022.
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-8.1%
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B. Riley Securities, a subsidiary of B. Riley Financial, will host a Radiopharma Investor Conference on March 1, 2024, in New York. The conference aims to showcase small and mid-cap companies specializing in life-saving radiotherapeutics and imaging agents. Industry experts will discuss clinical development, isotope manufacturing, drug development, and more.
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B. Riley Financial Inc

Nasdaq:RILY

RILY Rankings

RILY Stock Data

650.50M
16.01M
46.39%
50.78%
40.09%
Investment Banking and Securities Dealing
Finance and Insurance
Link
United States
Los Angeles

About RILY

b. riley financial, inc. is a publicly traded, diversified financial services company which takes a collaborative approach to the capital raising and financial advisory needs of public and private companies and high net worth individuals. the company operates through several wholly-owned subsidiaries, including b. riley fbr, inc. (www.brileyfbr.com), wunderlich securities, inc. (www.wunderlichonline.com), great american group, llc (www.greatamerican.com), b. riley capital management, llc (which includes b. riley asset management (www.brileyam.com), b. riley wealth management (www.brileywealth.com), and great american capital partners, llc (www.gacapitalpartners.com)) and b. riley principal investments, a group that makes proprietary investments in other businesses, such as the acquisition of united online, inc. learn more about us and our services at www.brileyfin.com.