B. Riley

LOS ANGELES--(BUSINESS WIRE)-- B. Riley & Co., LLC, a full service investment bank specializing in the needs of middle market, publicly traded companies and institutional investors, continues expansion with the announcement of hires in its Southern California offices, according to Tom Kelleher, Chief Executive Officer. Nicholas Capuano has joined B. Riley's Institutional Sales Department in Los Angeles. Grant Hustedt has joined as an Associate in the Corporate Finance Department in the firm's Newport Beach office. ...

CIT (NYSE: CIT) 63.3% LOWER; As expected, over the weekend, CIT announced that, with the overwhelming support of its debtholders, the Board of Directors voted to proceed with the prepackaged bankruptcy plan. Click here for the full report.

YRC Worldwide Inc. (Nasdaq: YRCW) 54.7% LOWER; today announced that it intends to launch an exchange offer this week based upon terms discussed with representatives of a committee of the holders of its contingent convertible notes and a committee of the holders of its USF 8 1/2% notes. The successful completion of this exchange would allow the company open access to the existing $106 million revolver reserve and to begin deferring payment of lender interest and fees of approximately ...

B. Riley upgrades Oplink Communications (Nasdaq: OPLK) from ...

B. Riley downgrades Central Pacific Financial (NYSE: CPF) from ...

LOS ANGELES, CA -- (MARKET WIRE) -- 10/27/09 -- Triton Pacific Capital Partners, LLC, a well established private equity firm headquartered in Los Angeles, today announced that it has acquired a majority interest in MyPrint Corporation, a leading provider of managed print and promotional marketing programs located in Irvine, Calif. "The MyPrint acquisition continues the successful investment strategy Triton Pacific has carried out since its inception, focusing on opportunities where a combination of capital, strategic guidance and operational expertise can accelerate growth in an already well-positioned business," said Triton Pacific's Managing Partner Craig Faggen. Targeting companies within basic industries, including healthcare services, software/IT, business services, consumer products, financial services, light manufacturing, logistics, and value-added distribution, Triton Pacific has established a set of well-honed business insights used to identify strong portfolio companies. "For more than ...