Investment Banking and Securities Trading Services

B Riley Financial Pref Share RILYP 6.875 Perp 10/07/24

B Riley Financial Pref Share RILYP 6.875 Perp 10/07/24 released FY2025 9 Months earnings on January 14, 2026 (EST), actual revenue USD 611.77M, actual EPS USD 7.0163

B Riley Financial Pref Share RILYP 6.875 Perp 10/07/24 released FY2024 9 Months earnings on February 21, 2025 (EST), actual revenue USD 424.53 M, actual EPS USD -25.4527

B Riley Financial Pref Share RILYP 6.875 Perp 10/07/24 released FY2023 9 Months Earnings on November 8, 2023 (EST), with actual revenue of 639.51 M USD and EPS of -2.0212 USD

Peraso

QUARTZSEA ACQUISITION CORP ORD USD0.0001 (18/02/2030) (S/R)

Decent

Edesa Biotech

Cre8 Enterprise - CL

AN2 Therapeutics

Day One Biopharmaceuticals

Epsium Enterprise

Silynxcom

Aptera Motors - B

The U.S. Commodity Futures Trading Commission (CFTC) has unveiled a new logo that represents its dedication to its traditional mission and the promotion of market innovation. The new emblem is featured on the CFTC's official website, highlighting its commitment to supporting innovative development in the market.

CoinLive

CFTC Unveils New Logo to Mark Era of Market Innovation

BXSL

TSLX

The U.S. private credit market is declining, with the median Business Development Company (BDC) trading at 0.73 times its net asset value (NAV), the lowest since 2020. BDCs, which lend to small and distressed businesses, are currently valued at 73% of their worth. The price-to-NAV ratio has been falling for 18 months, raising concerns about the impact of AI on software firms and debt refinancing. With BDCs holding 20% exposure to the software sector, the private credit industry faces significant pressure, questioning the future stability and valuation of BDCs.

Blackstone Secured Lending Fund

Pro Gbl Listed Pvt

Sixth Street Specialty Lending

FS KKR Capital

VanEck BDC Income ETF

Prospect Capital

Hercules Capital

Putnam BDC Income ETF

Ares Capital

Blackstone

Blue Owl Capital

Golub Capital BDC

Main Street Capital

US Private Credit Market Faces Decline Amid AI Concerns

ARES

BlackRock's $26 billion private credit fund HLEND announced a redemption restriction, setting the withdrawal limit for investors at 5%, approving only $620 million of approximately $1.2 billion in redemption requests. Following the news, BlackRock's stock price fell over 8%, with alternative asset management companies like Blue Owl and Ares also experiencing declines. The private credit industry is facing pressure from a wave of redemptions, raising market concerns about the prudence of its lending standards and risk exposure

- BlackRock's flagship private credit fund, with a scale of $26 billion, has announced a redemption limit, capping investor withdrawals at 5%, causing a significant drop in the company’s stock.  
- The HPS Corporate Lending Fund received redemption requests totaling 9.3%, equating to approximately $1.2 billion, but only $620 million was approved, representing 5% of the fund's net value at year-end.  
- The private credit sector is facing a wave of redemptions amid concerns over loan standards and exposure to the disruptive impacts of artificial intelligence, leading to increased investor withdrawal activity.

Wallstreetcn

ARES Management LP

BlackRock

The U.S. private credit crisis is spreading! The "world's largest asset management" is also forced to "restrict redemptions" of its private credit funds

OCSL

OAKUO

OACC

OAK-A

Oaktree Capital Management is considering a $300 million investment in a bankrupt biotechnology fund linked to Russian billionaire Dmitry Rybolovlev’s family trust. This investment could help the struggling fund, which has encountered significant financial issues. The family trust has been involved in the fund's operations, but recent developments have led to its financial challenges. Oaktree's decision is still under review, with more details anticipated as discussions continue.

OakTree Specialty Lend

Oak Woods Acquisition Corp

Oaktree Acquisition Corp III Life Sciences

BROOKFIELD OAKTREE HOLDINGS LLC 6.625% PREFERRED UNITS SERIES A

Oaktree Weighs $300 Million Investment in Bankrupt Biotech Fund

The U.S. Securities and Exchange Commission (SEC) has requested financial firms to halt filings for 5x leveraged exchange-traded funds (ETFs) due to concerns over the risks associated with these products. Leveraged ETFs can amplify returns but also pose significant risks, especially in volatile markets. This request reflects the SEC's commitment to investor protection amid increasing regulatory scrutiny of complex financial instruments. The SEC emphasizes the need for investor understanding and caution regarding these high-risk products, prioritizing safety over market expansion.

SEC Requests Halt on 5x Leveraged ETF Filings

ODFL

JETS

FTXR

U.S. stock index futures fell as Middle East tensions raised inflation concerns. The Dow Jones dropped 1.20%, S&P 500 down 1.03%, and Nasdaq down 0.84%. Top gainers included CF Industries (+7.3%) and Ciena Corp (+4.8%), while losers were Old Dominion Freight Line (-7.5%) and BlackRock (-5.8%). Airlines like United and Delta fell due to rising jet fuel costs. Copper miners also declined as prices fell amid rising inventories. BlackRock's private credit fund limited redemptions, impacting its stock.

Reuters

CF Industries

United Airlines

Old Dominion Freight

Delta Air Lines

Us Global Jets

SPDR S&P Transp

iShares US Transportation ETF

First Trust NasdaqTransport

BUZZ-U.S. STOCKS ON THE MOVE-US airlines, BlackRock, copper miners

RILYP

LB filings

B Riley Financial Pref Share RILYP 6.875 Perp 10/07/24 | 8-K: FY2025 Q4 Revenue: USD 271 M

B Riley Financial Pref Share RILYP 6.875 Perp 10/07/24 | 10-Q: FY2025 Q3 Revenue: USD 277.87 M

B Riley Financial Pref Share RILYP 6.875 Perp 10/07/24 | 8-K: FY2025 Q3 Revenue: USD 277.87 M

B Riley Financial Pref Share RILYP 6.875 Perp 10/07/24 | 10-Q: FY2025 Q2 Revenue: USD 225.3 M

B Riley Financial Pref Share RILYP 6.875 Perp 10/07/24 | 8-K: FY2025 Q2 Revenue: USD 225.3 M

B Riley Financial Pref Share RILYP 6.875 Perp 10/07/24 | 10-Q: FY2025 Q1 Revenue: USD 186.06 M

B Riley Financial Pref Share RILYP 6.875 Perp 10/07/24 | 8-K: FY2025 Q3 Revenue: USD 109.12 M

B Riley Financial Pref Share RILYP 6.875 Perp 10/07/24 | 10-K: FY2024 Revenue: USD 838.6 M

B Riley Financial Pref Share RILYP 6.875 Perp 10/07/24 | 8-K: FY2025 Q2 Revenue: USD 60.91 M

Some names that have reported already in January and are up over 4% today include $Simmons First National(SFNC.US) $Interactive Brokers(IBKR.US) $Citizens Financial(CFG.US) $BRC(RILY.US) $Fifth Third Bancorp(FITB.US) $Neogen(NEOG.US) $Old Natl Bancorp(ONB.US) $Fastenal(FAST.US) $First Horizon(FHN.US) $Regions Financial(RF.US) $Zions Bancorp(ZION.US) $M&amp;T Bank(MTB.US)Source: Sunrise Trader

Citizens Financial

Fastenal

Simmons First National

First Horizon

CITIZENS FINANCIAL GROUP INC 5% DEP SHS EA REP 1/40TH NON CUM SER E

CITIZENS FINANCIAL GROUP INC DEP SHS REPSTG 1/40TH PERP PFD SER H

B Riley Financial Pref Share RILYL 7.375 Perp 09/04/25 B

FIRST HORIZON CORPORATION DEP SHS REP 1/400 NON CUM PER PFD SER C

FIRST HORIZON CORPORATION 6.50% DEP SHS REP 1/4000 PER PFD SER E

FIRST HORIZON CORPORATION DEP SHS REPSTG 1/4000TH PERP PFD SER F

Fifth Third Bancorp

Zions Bancorp

M&T Bank

Interactive Brokers

Neogen

Old Natl Bancorp

Regions Financial

Some names that are up today and have reported earnings already in Jan 2026. $BRC(RILY.US) $Morgan Stanley(MS.US) $Taiwan Semiconductor(TSM.US) $Goldman Sachs(GS.US) $Citigroup(C.US) $Delta Air Lines(DAL.US) $Jefferies Financial(JEF.US) $Constellation Brands(STZ.US) $Citigroup(C.US)MCSource: Sunrise Trader

B Riley Financial Pref Share RILYP 6.875 Perp 10/07/24(RILYP.US)

CFTC Unveils New Logo to Mark Era of Market Innovation

US Private Credit Market Faces Decline Amid AI Concerns

The U.S. private credit crisis is spreading! The "world's largest asset management" is also forced to "restrict redemptions" of its private credit funds

Oaktree Weighs $300 Million Investment in Bankrupt Biotech Fund

SEC Requests Halt on 5x Leveraged ETF Filings