RILY News Alert B. Riley Financial Inc. (RILY) 10.8000 02/15/2015
Post# of 64074
B. Riley Financial, Inc. to Provide Financing Arrangement with The Wet Seal, Inc., including $20 Million Debtor In Possession Facility, Plan Sponsorship Agreement
PR Newswire - Mon Feb 09, 7:30AM CST
B. Riley Financial, Inc. (OTCBB: RILY) has executed a debtor in possession financing arrangement (DIP) and plan sponsorship agreement (PSA) for The Wet Seal, Inc. (Nasdaq: WTSL). Both the DIP financing and PSA, which form the basis for The Wet Seal's chapter 11 reorganization, will be handled by B. Riley Financial, Inc. and its subsidiaries, B. Riley & Co., LLC, and Great American Group, LLC and its affiliates and designees.
WTSL: 0.03 (unch)
Target Canada Store Closing Sales Begin Tomorrow, February 5th, at all 133 Locations
CNW Group - Wed Feb 04, 8:35PM CST
Gordon Brothers Group, Hilco Global and Great American Group to Liquidate All Inventory at Target Canada Locations
B. Riley Financial, Inc. Launches Wealth Management Division With Acquisition of MK Capital Advisors, LLC
PR Newswire - Mon Feb 02, 2:43PM CST
B. Riley Financial, Inc. (OTCBB: RILY) has expanded into Wealth Management with the acquisition of MK Capital Advisors, LLC, a New York-based Registered Investment Advisor which provides comprehensive advisory services to ultra-high net worth families and individuals.
12% In 12 Years
Thomas Pound - at Seeking Alpha - Sun Feb 01, 12:48AM CST
THO: 59.19 (-0.44), BPT: 79.78 (+0.50), QSII: 17.04 (+0.38), CRRC: 22.96 (+0.22), PAA: 51.48 (+0.16), PEP: 99.13 (-1.14), PTSI: 56.07 (-0.05), BFR: 16.65 (+0.50), AJG: 47.50 (+0.27), NAT: 10.20 (+0.10), SLW: 22.76 (+0.34), WDR: 49.94 (+0.15), PII: 156.00 (+1.89), SSL: 41.10 (+0.96), GOLD: 78.29 (-0.31), ITT: 41.93 (+2.51), HRL: 55.73 (+1.56), NTZ: 1.70 (+0.12), SHOO: 35.65 (+0.24), MHO: 21.20 (-0.27), DOM: 6.83 (+0.16), KNX: 32.26 (+0.88), IMO: 41.08 (+0.37), MRK: 58.81 (-0.07), CRUS: 29.36 (+0.01)
Wet Seal Files for Chapter 11 Bankruptcy Protection
Business Wire - Fri Jan 16, 6:00AM CST
The Wet Seal, Inc. (Nasdaq: WTSL), a specialty retailer to young women, today announced that it has filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court" on January 15, 2015. The Company will continue to operate its business as "debtors-in-possession" under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code and the orders of the Bankruptcy Court.
WTSL: 0.03 (unch)
Steven Reiner Named Chief Business Development Officer, Asset Dispositions For B. Riley Financial's Great American Group
PR Newswire - Tue Jan 13, 8:10AM CST
B. Riley Financial, Inc. (OTCBB: RILY), announced an expanded role for Steven H. Reiner to include a newly created position of Chief Business Development Officer, Asset Dispositions in its Great American Group, LLC subsidiary. Mr. Reiner will continue to serve as a Managing Director and the Head of Consumer Investment Banking for the Company's B. Riley & Co., LLC subsidiary.
B. Riley & Co., LLC Sole Book-Running Manager in $28.5 Million Underwritten Public Offering for Signature Group Holdings, Inc.
PR Newswire - Mon Dec 22, 3:35PM CST
Full service investment bank B. Riley & Co., LLC (B. RILEY), a wholly owned subsidiary of B. Riley Financial, Inc. (OTCBB: RILY), today announced that it has acted as sole book-running manager in an approximately $28.5 million underwritten public offering for Signature Group Holdings, Inc. (OTCBB: SGGH).
GA Europe Appoints Dr. Tino Bauer to Head the Firm's Retail Solutions Expansion
PR Newswire - Mon Nov 24, 7:00AM CST
GA Europe, a leading restructuring specialist and division of Great American Group, LLC, has announced that Managing Director Dr. Tino Bauer has been appointed to lead the firm's expansion in Europe, with a focus on retail solutions activities. Great American Group is part of B. Riley Financial, Inc. (OTCBB: RILY), a United States-based diversified financial services company which offers collaborative solutions to the capital raising and financial advisory needs of public and private companies.
Going-Out-Of-Business Sale To Begin Friday At All 198 Alco Stores In 23 States
PR Newswire - Thu Nov 20, 4:38PM CST
After 113 years, Alco Stores (OTC-PINK: ALCSQ), a discount retailer focused on serving consumers in smaller communities with limited access to other regional or national retail chains, is closing its doors forever.
B. Riley & Co. Represents Informa PLC in its Acquisition of Hanley Wood Exhibitions for $375,000,000
PR Newswire - Wed Nov 19, 8:10AM CST
B. Riley & Co., LLC, (B. Riley) a wholly owned subsidiary of B. Riley Financial, Inc. (OTCBB: RILY), announced today that it has acted as Exclusive Financial Advisor to Informa PLC in its acquisition of Hanley Wood Exhibitions for $375 million in cash. The transaction is expected to close by year-end upon expiration of the Hart-Scott-Rodino waiting period. B. Riley is a leading investment bank providing a full array of corporate finance, research, sales and trading services.
INF: 21.61 (-0.47)
B. Riley Financial, Inc. Announces Third Quarter 2014 Financial Results
PR Newswire - Thu Nov 06, 3:05PM CST
B. Riley Financial, Inc. (the "Company" or "B. Riley Financial" (OTCBB: RILY), f/k/a Great American Group, Inc., today announced financial results for its third quarter ended September 30, 2014. B. Riley Financial is a diversified financial services firm; through its wholly-owned subsidiaries, B. Riley & Co., LLC, which provides a full array of investment banking, equity research, and sales & trading services to corporate, institutional and high net worth investors, and Great American Group, LLC, a leading provider of asset disposition services, advisory and valuation services, commercial lending, and real estate advisory services, B. Riley Financial offers clients unique and collaborative solutions for a myriad of situations.