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B. Riley Financial Inc (RILY.OQ)

RILY.OQ on NASDAQ Stock Exchange Global Market

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18 Mar 2019
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Latest Key Developments (Source: Significant Developments)

B. Riley Financial Releases Statement Regarding Rent-A-Center Merger Agreement
Thursday, 14 Mar 2019 05:30pm EDT 

March 14 (Reuters) - B. Riley Financial Inc ::B. RILEY FINANCIAL RELEASES STATEMENT REGARDING RENT-A-CENTER MERGER AGREEMENT.B. RILEY FINANCIAL INC - "WE ARE DISAPPOINTED WITH COURT'S DECISION TO NOT COMPEL RENT-A-CENTER TO COMPLETE MERGER WITH VINTAGE".B. RILEY FINANCIAL INC - "MAINTAINS THAT RENT-A-CENTER'S POSITION WITH RESPECT TO REVERSE BREAKUP FEE DOES NOT HAVE MERIT".B. RILEY FINANCIAL INC - SECURED NECESSARY DEBT AND EQUITY FINANCING TO FUND TRANSACTION MONTHS BEFORE RENT-A-CENTER ELECTED TO CANCEL MERGER.  Full Article

B. Riley Financial Forecasts 2019 Net Income Of $39 Mln To $45 Mln
Monday, 28 Jan 2019 06:00am EST 

Jan 28 (Reuters) - B. Riley Financial Inc ::B. RILEY FINANCIAL REPORTS FOURTH QUARTER AND FULL YEAR 2018 PRELIMINARY FINANCIAL RESULTS.B. RILEY FINANCIAL INC - EXPECTS TO REPORT ADJUSTED EBITDA IN RANGE OF $11.1 MILLION TO $12.1 MILLION AND NET LOSS IN RANGE OF $8.2 MILLION TO $8.9 MILLION FOR Q4 2018.B. RILEY FINANCIAL INC - FORECASTS 2019 ADJUSTED EBITDA TO BE IN RANGE OF $115 MILLION TO $135 MILLION.B. RILEY FINANCIAL INC - FORECASTS 2019 NET INCOME IN RANGE OF $39 MILLION TO $45 MILLION..  Full Article

B. Riley Financial Reports 9.24 Pct Stake In HC2 Holdings
Friday, 14 Dec 2018 06:19am EST 

Dec 14 (Reuters) - HC2 Holdings Inc ::B. RILEY FINANCIAL REPORTS 9.24 PCT STAKE IN HC2 HOLDINGS, AS OF DEC. 3 - SEC FILING.B. RILEY FINANCIAL SAYS "INTENDS TO EVALUATE ALL OPTIONS TO ENHANCE SHAREHOLDER VALUE" FOR HC2 HOLDINGS.B. RILEY FINANCIAL SAYS WILL "CLOSELY MONITOR" HC2 HOLDINGS’ OPERATIONS, PROSPECTS, BUSINESS DEVELOPMENT, MANAGEMENT, CAPITAL STRUCTURE.  Full Article

B. Riley Financial Announces Pricing Of Senior Notes Offering
Thursday, 6 Sep 2018 04:40pm EDT 

Sept 6 (Reuters) - B. Riley Financial Inc ::B. RILEY FINANCIAL ANNOUNCES PRICING OF SENIOR NOTES OFFERING.B. RILEY FINANCIAL INC - PRICED UNDERWRITTEN PUBLIC OFFERING OF $87.0 MILLION OF 6.875% SENIOR NOTES DUE 2023 AT 100% OF PRINCIPAL AMOUNT.  Full Article

B. Riley Financial Q2 Adjusted Earnings Per Share $0.86
Thursday, 2 Aug 2018 04:05pm EDT 

B. Riley Financial Inc ::DECLARES SPECIAL DIVIDEND OF $0.22 PER SHARE IN ADDITION TO REGULAR QUARTERLY DIVIDEND OF $0.08 PER SHARE.B. RILEY FINANCIAL REPORTS FINANCIAL RESULTS FOR THE SECOND QUARTER OF 2018.Q2 ADJUSTED EARNINGS PER SHARE $0.86.Q2 EARNINGS PER SHARE $0.64.Q2 REVENUE $125.5 MILLION VERSUS $66.7 MILLION.  Full Article

B. Riley Financial - Bryant Riley And Tom Kelleher Appointed Co-Chief Executive Officer
Tuesday, 10 Jul 2018 05:18pm EDT 

July 11 (Reuters) - B. Riley Financial Inc ::B. RILEY FINANCIAL ANNOUNCES EXECUTIVE CHANGES.B. RILEY FINANCIAL INC - BRYANT RILEY AND TOM KELLEHER HAVE BEEN APPOINTED CO-CHIEF EXECUTIVE OFFICERS OF COMPANY EFFECTIVE JULY 10, 2018.B. RILEY FINANCIAL INC - KENNY YOUNG HAS BEEN APPOINTED PRESIDENT OF B. RILEY FINANCIAL.  Full Article

B. Riley Financial Announces Pricing Of Senior Notes Offering
Monday, 14 May 2018 04:41pm EDT 

B. Riley Financial Inc ::B. RILEY FINANCIAL ANNOUNCES PRICING OF SENIOR NOTES OFFERING.B. RILEY FINANCIAL INC - PRICED UNDERWRITTEN REGISTERED PUBLIC OFFERING OF $87 MILLION OF 7.375% SENIOR NOTES DUE 2023 AT 100% OF PRINCIPAL AMOUNT.  Full Article

B. Riley Financial Announces Offering Of $50 Mln Senior Notes Due 2023
Monday, 14 May 2018 08:21am EDT 

May 14 (Reuters) - B. Riley Financial Inc ::B. RILEY FINANCIAL ANNOUNCES OFFERING OF $50 MILLION SENIOR NOTES DUE 2023 AND RECEIPT OF INVESTMENT GRADE RATING OF “A-” FROM EGAN-JONES RATINGS COMPANY.B. RILEY FINANCIAL - IF CO CONSUMMATES ACQUISITION OF MAGICJACK, CO TO USE A PORTION OF PROCEEDS FROM OFFERING TO FUND A PORTION OF ACQUISITION.  Full Article

B. Riley Financial’s Great American, Tiger Capital, Indenture Trustee For Second-Lien Noteholders To Buy Rights To Bon-Ton Stores’ Assets For
Thursday, 19 Apr 2018 08:30am EDT 

April 19 (Reuters) - B. Riley Financial Inc ::B. RILEY FINANCIAL’S GREAT AMERICAN GROUP, TIGER CAPITAL GROUP AND INDENTURE TRUSTEE FOR SECOND-LIEN NOTEHOLDERS TO ACQUIRE RIGHTS TO BON-TON STORES’ ASSETS FOR $780 MILLION.B. RILEY FINANCIAL - THROUGH UNPRECEDENTED JV STRUCTURE, DEAL FACILITATES PAY-DOWN OF BON-TON'S ASSET BASED LOAN, DIP CREDIT FACILITIES, AMONG OTHERS.B. RILEY FINANCIAL - GREAT AMERICAN GROUP AND TIGER CAPITAL GROUP WILL LEAD LIQUIDATION OF BON-TON'S 212 STORES.B. RILEY FINANCIAL - ANTICIPATED THAT SALE WILL PROVIDE "MEANINGFUL RECOVERIES" TO SENIOR SECURED NOTEHOLDERS.  Full Article

B. Riley Financial, Inc. Acquires 29 Pct Of Bebe Stores, Inc.
Tuesday, 16 Jan 2018 08:00am EST 

Jan 16 (Reuters) - B. Riley Financial Inc ::B. RILEY FINANCIAL, INC. ACQUIRES 29% OF BEBE STORES, INC..B. RILEY FINANCIAL INC - ‍SIMULTANEOUSLY WITH INVESTMENT, B. RILEY WAS GRANTED TWO OF FIVE SEATS ON BEBE BOARD OF DIRECTORS​.B. RILEY FINANCIAL - AS A RESULT OF TRANSACTIONS, BEBE HAS MINIMAL EXPENSES AND HAS MAINTAINED APPROXIMATELY $340 MILLION NET OPERATING LOSS CARRYFORWARDS.B. RILEY FINANCIAL - EXPECTS BEBE TO GENERATE DIVIDENDS THROUGH ACQUISITION OF CASH-GENERATING COMPANIES AND UTILIZATION OF ITS NET OPERATING LOSSES​.B. RILEY FINANCIAL INC - ‍IT IS ANTICIPATED THAT BEBE SHARES WILL BE CONTRIBUTED TO B. RILEY'S UNIT​.B. RILEY - ‍AS PART OF AGREEMENT, B. RILEY PRINCIPAL INVESTMENTS' CEO, KENNY YOUNG, CHIEF INVESTMENT OFFICER, NICK CAPUANO, JOINED BEBE'S BOARD.  Full Article

Rent-A-Center not bound by merger deal with Vintage Capital: judge

NEW YORK Retailer Rent-A-Center Inc was within its rights to back out of a $1.36 billion merger deal with private equity firm Vintage Capital Management last year, a Delaware state court ruled Thursday.