NEW YORK, Sept 20 (Reuters) - Embattled investment bank B. Riley Financial ( RILY ) is in talks to sell its wealth management business to Stifel Financial ( SF ) for more than $100 million, a source familiar with the matter said on Friday. The talks come as B. Riley tries to raise funds after a second-quarter loss warning and...

NEW YORK (Reuters) -Enfusion, a U.S. software provider for asset managers, is in talks with investment bankers to evaluate options that could include a potential sale, according to people familiar with the matter. The Chicago-based company, which has a market value of $1.1 billion, decided to interview investment banks in recent weeks after receiving takeover interest from potential suitors including...

Sept 20 (Reuters) - REA Group ( RPGRF ), majority-owned by Rupert Murdoch's News Corp ( NWSA ), has sweetened its takeover offer for Britain's real estate portal Rightmove ( RTMVF ) to about 5.9 billion pounds ($7.86 billion), the Financial Times reported on Friday. The Australian firm is now offering 750 pence per Rightmove ( RTMVF ) share, up...

01:48 PM EDT, 09/20/2024 (MT Newswires) -- Consumer stocks were mixed Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.3%. In corporate news, FedEx ( FDX ) shares tumbled more than 13% after it reported a surprise drop late Thursday in fiscal Q1 adjusted earnings...