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Stock Market & Financial Investment News

News Breaks
April 9, 2013
18:31 EDTLUKJefferies reports Q1 net income down 3% to $74.8M
Jefferies, a unit of Leucadia (LUK), reported Q1 net income was down 3% to $74.8M from $77.1M, and Q1 net revenue was up 3% to $803.4M from $780M. The company also said there was one day with trading losses of the 60 total trading days during Q1.
News For LUK From The Last 14 Days
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November 26, 2014
09:22 EDTLUKLeucadia raises stake in Harbinger Group to 23.2%
Leucadia (LUK) disclosed in a filing that on November 25 the company entered into a Stock Purchase Agreement with Harbinger Capital Partners and Harbinger Capital Partners II pursuant to which Leucadia will purchase from the sellers or investment funds managed by the sellers an aggregate of 5M shares of Harbinger Group (HRG) common stock at a price of $12.90 per share, excluding a 7.5c per share commission to be received by Leucadia’s brokerage subsidiary.
November 25, 2014
15:39 EDTLUKLeucadia stake in Harbinger up to 22%, Bloomberg says
Harbinger Group's (HRG) largest shareholder Leucadia (LUK), has increased its stake in the firm by an additional 5M shares, says Bloomberg, citing a person with knowledge of the matter. The most recent share purchase increases Leucadia's stake in Harbinger Group to approximately 22%, added Bloomberg. Reference Link

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