Jefferies net profit jumps More than four-sheepfold on secure trading
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Jefferies gain jumps more than than four-folding on firm trading
By Reuters
Published: Nomor Cantik 12:01 BST, 20 December 2016 | Updated: 12:01 BST, 20 December 2016
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Dec 20 (Reuters) - Investiture money box Jefferies Grouping LLC reported a acute growth in time period profit, driven by warm gross in its equities and fixed-income securities trading business enterprise.
Net wage attributable to Jefferies rosiness to $87.18 one thousand thousand in the quarter draw concluded November. 30, from $19.96 million a class to begin with.
Total equities and fixed income gross More than two-fold to $325.38 one thousand thousand.
Jefferies, a unit of Leucadia Political unit Corp, kicks forth the coverage harden for investing Banks and is much viewed as an indicant of the functioning of Wall Street Banks. (Coverage by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)
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