Atlantic Coast Recycling today announced the grand opening of its recycling processing facility in Passaic, New Jersey. The year-long redevelopment and construction of this industry-leading recycling plant was enabled by a $47 million capital commitment led by B. Riley Financial, Inc. (Nasdaq: RILY) alongside other strategic investors.

White Brook Capital Partners, an investment management firm, released its first quarter 2024 investor letter, a copy of which can be downloaded here. White Brook Capital Partners returned 3.26% compared to 9.96% for the S&P Midcap 400. In Q1, the AI sector boosted the S&P 500 and Nasdaq, continuing a previous trend. However, the release […]

B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") has declared cash dividends on its 6.875% Series A Cumulative Perpetual Preferred Stock (NASDAQ: RILYP) and its 7.375% Series B Cumulative Perpetual Preferred Stock (NASDAQ: RILYL) (collectively, the "Preferred Stock"), each series of which is represented by depositary shares. Each depositary share represents 1/1000th fractional interest in a share of the respective Preferred Stock with a liquidation preference equivalent to $

This article examines some of the most shorted financial stocks on the market. More specifically, we’re looking at financial stocks short sellers are targeting that you may want to sell before it’s too late. The uncertain economic environment warrants analyzing financial stocks sold short by market participants, as a divergence is likely to occur. Significant short selling of a stock generally means market participants believe it is overpriced. However, other rationales exist for short selling.

The financial services firm received an extension to file its audited results from lender Nomura.

(Bloomberg) -- B. Riley Financial Inc., the boutique investment bank facing questions about its dealings with a former business partner, gained extra time from lenders to provide its audited 2023 financial statements. Most Read from BloombergLondon Insurers Face Baltimore Bridge Payouts Worth BillionsBiden Gains Ground Against Trump in Six Key States, Poll ShowsJapan Amps Up Intervention Threat as Yen Hits Lowest Since 1990Trump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Riches

There are plenty of names to include on any list of financial stocks to sell, but this is not only because of the latest news from the Federal Reserve regarding its plans with interest rates. As I’ve argued previously, “higher for longer” rates are bad news for financial stocks in two ways: reduced loan demand and squeezed net interest margins. That said, along with further issues caused by this macro headwind, many financial stocks face institution-specific headwinds as well.InvestorPlace - Sto

B. Riley Financial (Nasdaq: RILY) today announced the addition of Virginia Schnippel as a Managing Director within the Corporate Advisory & Valuation Services practice at B. Riley Advisory Services.

The Los Angeles-based company said on Monday it was working with auditors to complete and file its annual report "as soon as reasonably possible", sending its shares down 11% on the day. While the notification has no immediate effect on B. Riley's listing, Nasdaq has informed the company it must submit a plan within 60 calendar days, or by May 17, to address how it intends to regain compliance with the listing rules.

B. Riley Financial, Inc. (Nasdaq: RILY) (the "Company") announced it received an expected delinquency notification letter from Nasdaq on March 18, 2024 which indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the delayed filing of the Company's Annual Report on Form 10-K for the year ended December 31, 2023 ("Annual Report"). The Nasdaq Listing Rule requires listed companies to timely file all required periodic financial reports with the Securitie