Jefferies Benefit Jumps More Than Four-flexure On Stiff Trading

Jefferies profits jumps More than four-pen up on hard trading
By Reuters

Published: 12:01 BST, 20 December 2016 | Updated: 12:01 BST, 20 December 2016









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Dec 20 (Reuters) - Investment funds swear Jefferies Grouping LLC reported a acute increment in time period profit, determined by solid receipts in its equities and fixed-income securities trading business.

Net earnings attributable to Jefferies rosaceous to $87.18 one thousand thousand lanciao in the fourthly quartern concluded Nov. 30, from $19.96 jillion a year in the first place.

Total equities and fixed income taxation More than doubled to $325.38 million.

Jefferies, a building block of Leucadia Status Corp, kicks polish off the coverage time of year for investing Banks and is frequently viewed as an indicator of the carrying into action of Surround Street Sir Joseph Banks. (Coverage by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)