Check Capital Management Inc. CA Makes New Investment in Jefferies Financial Group Inc. $JEF
Check Capital Management Inc. CA has made a new investment in Jefferies Financial Group Inc., acquiring 452,487 shares valued at approximately $28.0 million, making it their 11th largest holding. Despite Jefferies missing its recent quarterly EPS estimate, its revenue increased by 26.6% year-over-year, and the company announced a quarterly dividend of $0.40 per share. Wall Street analysts currently hold a mixed-to-neutral stance on the stock, with an average "Hold" rating and a consensus target price of $58.14.
MAY 20·Bloomberg.com→
Jefferies Hires Volschenk to Lead Metals and Mining in EMEA
Jefferies Financial Group Inc. has appointed Gideon Volschenk, formerly of Standard Chartered Plc, to lead its metals and mining banking team across Europe, the Middle East, and Africa. Volschenk will be based in London and is expected to commence his role at the US investment bank in late summer, reporting to the global co-heads of metals and mining.
MAY 19·Stock Titan→
Jefferies Financial Group (JEF) offers 8‑year callable notes, 6.00% coupon
Jefferies Financial Group (JEF) is offering senior fixed-rate 8-year callable notes due May 31, 2034, with a 6.00% coupon and an issue price of $1,000 per note. The notes are senior unsecured obligations and subject to the issuer's credit risk, with interest payable semi-annually. The company retains the right to redeem the notes early, which presents a reinvestment risk for investors.
