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B. Riley Financial Reports Second Quarter 2022 Results; Declares $1.00 Dividend

Q2 GAAP Revenues of $42.7 million; Operating Revenues of $266.6 million Q2 GAAP Net Loss of ($142.2 million), Operating Adjusted EBITDA of $74.2 million Declares Quarterly Dividend of $1.00 per common share LOS ANGELES, July 28, 2022 /PRNewswire/ — B. Riley Financial, Inc. (NASDAQ: RILY) (“B. Riley” or the “Company”), a diversified financial services platform, […]

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Housing market “pushed to the limit” as mortgage rates jump, sales slump

The housing slowdown we’ve been anticipating for months is here. The big picture: Home sales are slowing down, and some of the pandemic era’s hottest “Zoomtowns” — sleepy areas where remote workers pushed up real-estate prices — are already seeing price drops. Why it matters: The idea of a real estate downturn might seem scary, especially […]

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SpartanNash Hosts Its Largest-Ever Expo for Independent Grocery Customers | National Business

GRAND RAPIDS, Mich.–(BUSINESS WIRE)–Jul 29, 2022– Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) hosted more than 1,500 food and grocery suppliers and independent retail customers this week for the 2022 Fall Expo at the DeVos Place Convention Center in Grand Rapids, Mich. The “Delivering Seasonal Values” themed event created a platform for independent grocery […]

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Can International Business Machines Recover After Its Sell-Off?

International Business Machines (NYSE: IBM) has been sold off recently which has put the stock on investors’ radars. Adding to the bearish sentiment for the stock is the fact that insiders at the company are selling shares. $311.11M shares were sold last quarter. Despite this, the company retains a 12.9% upside to the consensus price […]

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