Leucadia National (LUK) renamed as Jefferies Financial Group (JEF)

  

Leucadia National Corporation has been renamed as Jefferies Financial Group Inc. (JEF) effective immediately, after receiving a green signal from its shareholders. Following the name change,Jefferies Financial Group will use the ticker “JEF” for trading purposes on the New York Stock Exchange.

Notably, Leucadia renamed itself as part of its transformation from a holding company with disparate assets to a financial services company. The company also declared a cash dividend of 10 cents per share, payable on Jun 29, 2018, to its shareholders as of record Jun 18, 2018.

LUK — is it a buy?

• Dec 15, 15: Right after earnings.  Is LUK a buy?

  

• 3 months later:

Leucadia National's Jefferies (LUK) reported earnings on Tue 15 Dec 2015 (before open)

** charts before earnings **

  

** charts after earnings **

  

Leucadia National's Jefferies reports Q4 (Nov) results :

LUK's Jefferies reports Q4 adj. earnings $37 mln vs. ($17.8) mln last year; adj. rev (ex-Bache) -2% to $513 mln

• IB rev +18% YoY to $373 mln: equity +38% to $93.5 mln; Debt -48% to $68.7 mln
• Sales and trading -36% to $132 nkn: equities rev -22% to $123.7 mln, fixed income -83% to $8.4 mln