(Bloomberg) -- B. Riley Financial Inc., whose investors are still awaiting last year’s audited results, said the report will cite 10 weaknesses in its controls ranging from technology to how it valued investments.   In a filing Friday with US Securities and Exchange Commission, B. Riley said the weaknesses — some of them repeated from the prior year — were identified in consultations with auditors at Marcum LLP. B. Riley said it’s dismissing Marcum after the long-overdue 2024 annual report is finished. In ...

Back in June, I argued Viavi was turning the corner . Three months and a 27% rally later, it’d be fair to say that the numbers are doing the talking. Q4 closed out a year ofI’m Emmanuel Onwusah—a financial analyst, writer, and recovering engineer. I hold FMVA® and BIDA® certifications from the Corporate Finance Institute, and I spend most of my time creating pitch decks, building models, analyzing companies, and trying to make sense of where value meets narrative. My background is in petroleum and gas engin ...

(Bloomberg) -- Advisers to various groups of New Fortress Energy Inc. creditors have signed non-disclosure agreements with the liquefied natural gas company as it begins restructuring talks after prolonged project delays have left it struggling to cover debt costs, according to people familiar with the situation.  Billionaire Wes Edens’ troubled company is exploring options that could help slash its debt and interest expenses, said the people, who asked not to be identified discussing a private matter.   ...

Apple CEO Tim Cook told CNBC's Jim Cramer why his company is investing $2.5 billion to manufacture glass in Corning's Kentucky factory, praising the company's technology."This is the place to put it," Cook said of his investment in Corning. "I feel very confident in that, because when you look at innovation, when you look at the cost, when you look at the quality, these are all things that are factor into our decisions — this is a great place."Apple announced the lofty investment last month and said all gla ...

Tesla TodayTSLATesla$395.94 +27.13 (+7.36%) 52-Week Range$212.11▼$488.54P/E Ratio228.87Price Target$303.00Add to WatchlistShares of automotive giant Tesla Inc. NASDAQ: TSLA closed just under $350 on Wednesday, continuing a lackluster couple of sessions. The stock looks tired and is essentially flat since May despite a breakout from its pennant pattern last month. For the bulls, the repeated failures to punch through $360 are starting to add up and become a weight around the stock's neck. That level has act ...

NEW YORK, Sept. 12, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Tronox Holdings plc (NYSE: TROX) between February 12, 2025 and July 30, 2025, both dates inclusive (the “Class Period”), of the important November 3, 2025 lead plaintiff deadline. SO WHAT: If you purchased Tronox common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangeme ...

The table below summarizes the number of record highs reached each year dating back to 2013. The S&P 500 posted four straight days of gains before inching down on Friday. The index ultimately finished the week up 1.6%, marking its fifth weekly gain in the past six weeks. Here is a snapshot of the index from the past week: S&P 500 versus S&P Equal Weight The S&P 500 is market cap-weighted index which includes roughly the 500 largest U.S. stocks spanning 11 sectors. The S&P 500 Equal Weight Index includes th ...

Forward look: Veteran financial services executive Curt Queyrouze will take office as CEO of Port Angeles Washington-based First Northwest Bancorp on Sept. 17.Key insight: Queyrouze has been President at Coastal Financial in Everett Washington since 2022. He served six years as CEO of Ogen, Utah-based TAB Bank prior to that. What's at stake: The $2.2 billion-asset First Northwest is continuing to battle allegations it abetted a $200 million Ponzi scheme orchestrated by one of its borrowers. A Port Angeles, ...

The United States on Friday penalized two Chinese firms that acquired U.S. chipmaking equipment for China's top chipmaker SMIC, including them among 32 entities that were added to the Commerce Department's restricted trade list, according to a U.S. government posting. Twenty-three of the 32 were in China. ...

Electric car rivals BYD and Tesla are set to be the biggest losers from Mexico's proposed 50 percent tariff on autos imported from China, triggering a likely blow to the fast-growing electric car market in Mexico while sparing the traditional "Big Three" U.S. car manufacturers. ...