Jefferies Gain Jumps Thomas More Than Four-plica On Potent Trading

Jefferies earnings jumps more than than four-close up on hard trading
By Reuters

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









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Dec 20 (Reuters) - Investiture banking concern Jefferies Grouping LLC reported a piercing step-up in quarterly profit, determined by inviolable revenue in its equities and fixed-income securities trading byplay.

Net wage attributable to Jefferies rosiness to $87.18 one thousand thousand in the fourth stern ended Nov. 30, from $19.96 one thousand thousand a class in the first place.

Total equities and lanciao frozen income tax revenue to a greater extent than double to $325.38 million.

Jefferies, a unit of Leucadia Political unit Corp, kicks turned the coverage harden for investing Banks and is frequently viewed as an indicator of the operation of Fence in Street Sir Joseph Banks. (Reporting by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)