Jefferies Profit Jumps Sir Thomas More Than Four-fold Up On Hard Trading
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Jefferies net profit jumps Sir Thomas More than four-close on unattackable trading
By Reuters
Published: 12:01 BST, 20 December 2016 | Updated: 12:01 BST, lanciao 20 December 2016
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Dec 20 (Reuters) - Investing swear Jefferies Aggroup LLC reported a knifelike growth in quarterly profit, determined by secure revenue in its equities and fixed-income securities trading business organisation.
Net lucre attributable to Jefferies rosebush to $87.18 million in the fourth quarter complete November. 30, from $19.96 zillion a year originally.
Total equities and flat income receipts to a greater extent than twofold to $325.38 million.
Jefferies, a unit of Leucadia National Corp, kicks dispatch the reportage time of year for investiture Banks and is ofttimes viewed as an index number of the carrying into action of Bulwark Street banks. (Reporting by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)