JEF Stock Recent News

Jefferies (JEF) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $1.10 per share a year ago.

Jefferies Financial Group's third-quarter profit slumped 74% as lingering economic uncertainty kept dealmaking in check, but the firm said it was hiring more managing directors to prepare for a "normal" investment banking environment next year.

NEW YORK--(BUSINESS WIRE)--Jefferies Financial Group Inc. (NYSE: JEF) today announced it will release its third-quarter financial results on Wednesday, September 27, 2023, after market close. About Jefferies Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies and gover.

Financial institutions are increasingly taking advantage of an emergency program created by the Federal Reserve in March after the collapse of California's Silicon Valley Bank.As of Wednesday, they borrowed almost $108 billion from the Fed's Bank Term Funding Program, which was designed to provide an additional source of liquidity at times of stress, according to data from the central bank. That's up by $138 million from the prior week.

The financial services sector is known for its exposure to credit cycles and economic downturns, which affect almost all areas of the sector. One conservative stalwart in this industry is Raymond James Financial Inc ( RJF , Financial), a diversified financial services company with four key segments.

Just a day after the Treasury Department released a $1 trillion borrowing estimate for the third quarter, questions are being raised about the extent to which foreign and domestic buyers can continue to keep up their demand for U.S. government debt.Further details about Treasury's financing need will be released at 8:30 a.m. on Wednesday.

Brent Thill, Jefferies, joins 'Fast Money' to talk Meta's launch of Threads, what's ahead for Meta and more.

Jefferies' David Katz discusses the state of the gaming sector, and highlights top names among the U.S. and China casino operators.

David Zervos, chief Market strategist at Jefferies, joins 'Squawk on the Street' to discuss the strategist's thoughts on the headlines from the latest ECB Forum, if the Fed's hawkishness is already priced into markets, and what Zervos would advise investors to do now.

Weakness in asset management and advisory businesses hurts Jefferies' (JEF) fiscal Q2 earnings.