Welcome to our dedicated page for Jefferies Financial Group news (Ticker: $JEF), a resource for investors and traders seeking the latest updates and insights on Jefferies Financial Group stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Jefferies Financial Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Jefferies Financial Group's position in the market.
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Jefferies Financial Group Inc. CEO, Rich Handler, sells 1.5 million shares of JEF stock at $43.50 to buy a personal boat and pay taxes. He retains 19.25 million shares, showing confidence in the company. Handler emphasizes commitment to Jefferies' growth and remains optimistic about its future.
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99 Cents Only Stores announces bankruptcy sale of 377 property portfolio through Hilco Real Estate and Jefferies, including prime retail spaces in major cities like Houston, Las Vegas, and Los Angeles.
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Jefferies Financial Group Inc. announces the pricing of $1.5 billion aggregate principal amount of 6.200% Senior Notes due 2034, with an effective yield of 6.222%. The offering is expected to settle on April 16, 2024, with the net proceeds intended for general corporate purposes.
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Jefferies Financial Group Inc. (JEF) priced €750,000,000 of 3.875% Fixed Rate Senior Unsecured Notes Due 2026 and €500,000,000 of 4.000% Fixed Rate Senior Unsecured Notes Due 2029 under its Euro Medium Term Note Program. The offering is expected to settle on April 16, 2024, for general corporate purposes.
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Jefferies Financial Group Inc. (JEF) and SMBC Group expand their global strategic alliance to enhance collaboration in the Canadian market. Jefferies establishes full-service investment banking capabilities in Canada, aligning with SMBC Group's expertise. The alliance, initiated in 2021, has seen significant expansions in the U.S. and Europe, the Middle East, and Africa (EMEA). SMBC plans to increase its economic ownership in Jefferies to up to 15%, becoming the largest shareholder.
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Jefferies Financial Group Inc. (JEF) reported Q1 financial highlights with net earnings of $150 million, or $0.66 per diluted common share. Adjusted for a pre-tax loss of $55 million, net earnings from continuing operations were $196 million. Investment Banking net revenues were $740 million, Capital Markets net revenues were $712 million, and Asset Management net revenues were $288 million. The company declared a quarterly cash dividend of $0.30 per share.
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Jefferies Financial Group Inc. (JEF) will release its first-quarter financial results on March 27, 2024, after the market closes.
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Jefferies Financial Group, Inc. (JEF) released its 2024 Sustainability Report showcasing $22 million in charitable contributions and expanded emission offsets. CEO Rich Handler and President Brian Friedman emphasized the company's dedication to sustainability and diversity initiatives.
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Jefferies Financial Group Inc. (JEF) announced the sale of OpNet S.p.A's operations to Wind Tre S.p.A., a subsidiary of CK Hutchison Group Telecom Holdings Ltd., for €485 million. The consideration will be in cash and CKHGT notes, with OpNet retaining majority ownership in other telecom companies, resulting in approximately €320 million in final value to Jefferies. Jefferies will reclassify remaining legacy investments as 'Other investments' in its Asset Management reportable segment in fiscal 2024. The company expects to operate the core business of HomeFed, a real estate development company, and liquidate certain peripheral assets. The sale is subject to regulatory approvals and is anticipated to close in the second or third quarter of 2024.
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Jefferies Financial Group, Inc. (JEF) and Sumitomo Mitsui Financial Group, Inc. (SMFG) have expanded their strategic alliance to include enhanced collaboration across Europe, the Middle East, and Africa (EMEA) for future corporate and investment banking opportunities. SMBC has provided financing to Jefferies and purchased shares, with plans to increase its ownership to up to 15%. The alliance, which started in the U.S. and Japan, has now been extended to cover EMEA, benefiting clients through global insights and capabilities.
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Jefferies Financial Group Inc.
NYSE:JEF
JEF Rankings
JEF Stock Data
9.31B
165.82M
22.13%
63.46%
0.88%
Securities Brokerage
Finance and Insurance
United States of America
NEW YORK
About JEF
jefferies, the global investment banking firm, has served companies and investors for over 50 years. headquartered in new york, with offices in over 30 cities around the world, the firm provides clients with capital markets and financial advisory services, institutional brokerage and securities research, as well as wealth management. the firm provides research and execution services in equity, fixed income, and foreign exchange markets, as well as a full range of investment banking services including underwriting, mergers and acquisitions, restructuring and recapitalization, and other advisory services, with all businesses operating in the americas, europe and asia. jefferies group llc is a wholly-owned subsidiary of leucadia national corporation (nyse: luk), a diversified holding company. jefferies group llc’s principal operating subsidiaries are jefferies llc in the u.s., jefferies international limited in europe and jefferies hong kong limited in asia. jefferies international limi