Previous Close | 4.8700 |
Open | 4.7900 |
Bid | 3.4300 x 200 |
Ask | 5.5100 x 200 |
Day's Range | 4.2600 - 4.8000 |
52 Week Range | 4.2600 - 43.4100 |
Volume | |
Avg. Volume | 3,295,245 |
Market Cap | 130.573M |
Beta (5Y Monthly) | 1.27 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -5.9300 |
Earnings Date | Nov 06, 2024 - Nov 11, 2024 |
Forward Dividend & Yield | 2.00 (11.80%) |
Ex-Dividend Date | May 24, 2024 |
1y Target Est | N/A |
(Bloomberg) -- B. Riley Financial Inc.’s bankers hiked the interest rate on the company’s key loan and cut how much the embattled firm can borrow as it grapples with a debt load of about $2 billion.Most Read from BloombergUnlocking the Hidden Power of Zoning, for Good or BadThe Moonshot Plan to Eliminate Deaths on America’s RoadsBelfast’s Grand Central Station Creates New Era for Northern Ireland’s Public TransportEric Adams' Vanishing Promise to Fix NYC's 'Unfair' Property TaxesThe amendment wi
B. Riley Securities, a leading middle market investment bank and subsidiary of B. Riley Financial (Nasdaq: RILY), today announced the addition of Brendon Philipps as a Managing Director where he will lead the firm's Capital Structure Advisory and Liability Management efforts.
Embattled investment bank B. Riley Financial is in talks to sell its wealth management business to Stifel Financial for more than $100 million, a source familiar with the matter said on Friday. The talks come as B. Riley tries to raise funds after a second-quarter loss warning and faces pressure over its role in a management-led buyout of Franchise Group last year. Talks are ongoing after Stifel approached B. Riley about acquiring the wealth management unit, said the source, who cautioned that a deal was not guaranteed and another suitor could ultimately emerge for the business.