Jefferies Financial Group Inc. - JEF STOCK NEWS

Hildene Capital Management has formed a strategic partnership with Leucadia Asset Management, a division of Jefferies Financial Group (NYSE: JEF). This collaboration involves LAM acquiring a non-controlling financial interest in Hildene, aimed at seeding new investment vehicles. Hildene, founded in 2008, manages over $12 billion across various funds, leveraging expertise in distressed and credit opportunities. Both parties express enthusiasm about combining strengths to foster growth in the asset management space.

Jefferies announced a Doing Good Global Trading Day on March 2, 2022, to support humanitarian efforts for Ukraine. The firm will donate 100% of net global trading commissions on that day across equities, fixed income, and foreign exchange. Additionally, Jefferies will contribute $1 million directly and encourage its 4,500 employees to donate. CEO Rich Handler and President Brian Friedman expressed their commitment to assist those affected by the ongoing conflict, emphasizing the need for humanitarian aid for Ukrainian civilians.

M Science has launched its new interactive platform, P1 Pulse, designed to assist merchants, brands, and manufacturers in enhancing their digital presence. This tool allows users to analyze billions of keywords, gain insights into product positioning, and understand consumer behavior across 11 global marketplaces, including the US, UK, and Japan. The platform aims to provide clients with competitive intelligence and trends, helping them improve their strategies on Amazon, which is often the starting point for shoppers.

Jefferies has announced a $1.5 million AUD donation to five charities supporting relief efforts in Tonga following a recent volcanic eruption and tsunami. The funds were raised during the Doing Good Trading Day on February 10, from net trading commissions and employee contributions. Charities include UNICEF New Zealand, The Sir Michael Jones Foundation, Habitat for Humanity New Zealand, Red Cross New Zealand, and World Central Kitchen. All donations aim to provide immediate and effective aid to those affected in Tonga.

Jefferies announced a Doing Good Trading Day on February 10, 2022, to support relief efforts for the Tonga disaster caused by a volcanic eruption and tsunami. The firm aims to raise and donate $1 million AUD through trading commissions and employee contributions. This significant donation will assist in recovery efforts directly in Tonga, where the disaster has disrupted water supply and communication. Jefferies' leadership encourages global participation in this initiative to aid the affected region.

Sundial has launched two innovative products, Sundial Transact and Sundial Custom, aimed at enhancing consumer transaction data analysis. Powered by information from over 11 million credit and debit card accounts, Sundial Transact provides unique insights into consumer behavior. Sundial Custom enables users to conduct complex queries in a no-code interface, streamlining data analysis. These tools support M Science's research efforts and are expected to advance alternative data strategies for clients.

Jefferies Financial Group reported an all-time record annual pre-tax income with a 24.5% return on adjusted tangible equity for 2021. In Q4, net income attributable to shareholders was $325 million or $1.20 per diluted share, with adjusted net income of $369 million or $1.36 per diluted share. Investment Banking net revenues reached $1.18 billion, while asset management suffered a 52% decline in revenues compared to the previous year. The quarterly dividend was increased by 20% to $0.30 per share.

Jefferies Financial Group Inc. (NYSE: JEF) has appointed Thomas W. Jones to its Board of Directors effective March 28, 2022. Mr. Jones, founder of TWJ Capital LLC and former CEO at Citigroup, brings extensive financial services experience. Frank Borges is stepping down after nearly nine years on the Board, effective the same date, due to his new responsibilities at Ares Management. Linda Adamany has been named the new Lead Independent Director. This leadership transition aims to strengthen Jefferies' governance and strategic direction.

Jefferies Financial Group Inc. (NYSE: JEF) will release its fourth-quarter and annual financial results on January 12, 2022. Jefferies, a leading diversified financial services company, offers a range of services, including investment banking, capital markets, and asset management, with nearly 60 years of experience. The firm operates globally, with significant presence in the Americas, Europe, and Asia, and is recognized as the largest independent, full-service investment banking firm in the U.S.