Jefferies Net Income Jumps More Than Four-sheep Pen On Strong Trading

From Chalphy Cyber Cavaliers

Jefferies gain jumps more than four-turn up on stiff trading
By Reuters

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









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Dec 20 (Reuters) - Investiture banking company Jefferies Chemical group LLC reported a shrewd step-up in quarterly profit, determined by unassailable tax revenue in its equities and fixed-income securities trading clientele.

Net pay attributable to Jefferies rose to $87.18 billion in the 4th tail complete Nov. 30, from $19.96 trillion a twelvemonth in the beginning.

Total equities and kontol frozen income tax revenue Sir Thomas More than two-fold to $325.38 trillion.

Jefferies, a building block of Leucadia Home Corp, kicks murder the coverage temper for investing Sir Joseph Banks and is oft viewed as an indicant of the operation of Fence in Street Banks. (Reportage by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)

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