$JEF

Jefferies Financial Group Inc

  • NEW YORK STOCK EXCHANGE INC.
  • Finance
  • Investment Banks/Brokers
  • Finance and Insurance
  • Securities Brokerage

PRICE

$36.49 ▼-3.287%

Extented Hours

VOLUME

507,975

DAY RANGE

37.545 - 38.18

52 WEEK

25.21 - 39.71

Join Discuss about JEF with like-minded investors

profile
@Pal #droscrew
recently

$BRK new stake in $JEF

95 Replies 15 👍 10 🔥

profile
@thegiz18 #ivtrades
recently

In an ironic twist $JEF is down 5 times more than $PYPL today, ha

131 Replies 6 👍 6 🔥

profile
@RedSunCap #droscrew
recently

yall see JEF killing it

89 Replies 12 👍 13 🔥

profile
@HeyShoe #droscrew
recently

$JEF I like their peanut butter

124 Replies 8 👍 9 🔥

profile
@HeyShoe #droscrew
recently

what does Jef know?

127 Replies 10 👍 14 🔥

profile
@HeyShoe #droscrew
recently

$JEF with a ER beat

126 Replies 11 👍 11 🔥

profile
@DarkPoolAlgo #Dark Pool Charts
recently

Friday, October 1, 2021 Futures Up/Down % Last Dow -153.00 0.46% 33,843 S&P 500 -17.00 0.44% 4,307 Nasdaq -55.25 0.38% 14448, U.S. equity futures extended declines Friday, following the worst month for tech stocks since the peak of the pandemic, as investors enter the final quarter of the year focused on inflation, energy markets and the Federal Reserve. S&P 500 drops 4.8% in September, its first monthly loss since January and biggest one-month drop since start of pandemic and lowest closing price since July 19th. Overall, for the month, the S&P fell 4.8%, the Dow fell 4.3% and the Nasdaq fell 5.3%. For the quarter (Q3), the S&P 500 rose 0.2%, the Dow fell 1.9% and the Nasdaq fell 0.4% following the precipitous September decline. Late last night, U.S. House Democratic leaders have delayed a planned vote on a $1 trillion bipartisan infrastructure bill that had been set for Thursday, bowing to party progressives who had demanded action on a larger social policy bill first. However, on a positive note, the U.S. government shutdown appears to be averted for now as Congress voted to continue funding the government through Dec. 3, backing the earlier bill out of the Senate and President Biden signed the measure before funding was to run out at midnight. In Asian markets, The Nikkei Index declined -681 points (2.31%) to 28,771, the Shanghai Index was closed and the Hang Seng Index was also closed. In Europe, the German DAX is down about -115 points to 15,150, while the FTSE 100 falls 1% or -70 points to 7,015. Crypto currencies surging for a second straight day as Bitcoin rises over 7% to $46,600, while Ethereum rises over 6.5% at $3,175 in another spike across the board. Positive vaccine news overnight as Merck ($MRK) announced positive COVID-19 vaccine trial news. Market Closing Prices Yesterday The S&P 500 Index dropped -51.92 points, or 1,19%, to 4,307.54 The Dow Jones Industrial Average fell -546.80 points, or 1.59%, to 33,843.92 The Nasdaq Composite slumped -63.86 1.42 points, or 0.44%, to 14,448.58 The Russell 2000 Index declined -20.94 points, or 0.94% to 2,204.37 Events Calendar for Today 8:30 AM ET Personal Income MoM for Aug…est. +0.3% 8:30 AM ET Personal Spending MoM for Aug 8:30 AM ET PCE Price Index MoM for Aug 8:30 AM ET PCE Price Index YoY for Aug 8:30 AM ET Core PCE Price Index MoM for Aug…est. +0.2% 8:30 AM ET Core PCE Price Index YoY for Aug…est. +3.6% 9:45 AM ET Markit Manufacturing PMI for Sept-F 10:00 AM ET Construction Spending MoM for Aug…est. +0.3% 10:00 AM ET ISM Manufacturing Index for September…est. 59.6 10:00 AM ET University of Michigan Confidence, Sept-Final…est. 71.0 1:00 PM EST Baker Hughes Weekly rig count data Macro Up/Down Last Nymex -0.63 74.40 Brent -0.43 77.88 Gold -2.60 1,755.90 EUR/USD 0.0001 1.1582 JPY/USD -0.16 111.11 10-Year Note -0.036 1.491% World News S. House Democratic leaders have delayed a planned vote on a $1 trillion bipartisan infrastructure bill that had been set for Thursday, bowing to party progressives who had demanded action on a larger social policy bill first. House Majority Leader Steny Hoyer said in a statement the House is expected to finish work on the infrastructure bill on Friday. The Bank of Japan’s tankan survey released Friday shows signs that the recovery in the manufacturing sector will be hampered by supply shortages as the index measuring large manufacturers’ stocks of finished goods dropped to +3 in the September survey from +6 three months earlier. That marked the tightest level since 1989. Sector News Breakdown Consumer Lordstown Motors ($RIDE) said it plans to sell its auto factory in Ohio to contract assembler Foxconn Technology Group for a purchase price of $230 million. Additionally, Foxconn plans to invest $50 million into the Ohio-based startup through a purchase of common stock. Helbiz ($HLBZ) rises after the transportation and media co announces CEO Salvatore Palella purchased units of PIPE (private investment in public equity) offering; On Aug 9, Palella bought 200,000 units of PIPE offering, consisting of 200,000 shares of Class A common and warrants to buy additional 200,000 shares at $11.50 per share Keurig Dr Pepper (KDP) is said to plan up to $4B stock buyback Coty ($COTY) agrees to sell partial stake in Wella to KKR at a 50% valuation premium versus initial Wella sale in exchange for approximately half of the preferred Coty shares owned by KKR. Coty will continue to own 30.6% of Wella, with a $1.38b implied value for the retained stake Li Auto ($LI) delivered 7,094 Li ONEs in September 2021, up 102.5% Y/Y but fell 24.8% M/M from August’s shipments of 9,433 units; Q3 2021 deliveries rose 190% Y/Y and 42.9% Q/Q to 25,116 vehicles, exceeding recently revised guidance of ~24,500 units Nio ($NIO) delivered 10,628 vehicles in September 2021, an all-time high monthly record representing growth of 125.7% Y/Y and 80.7% M/M from August’s deliveries of 5,880 units; company shipped 24,439 vehicles Q3 2021, representing an increase of 100.2% Y/Y, exceeding the revised guidance of ~22,500 to 23,500 vehicles. Tesla ($TSLA) missed its deadline to deliver the Model X in Q3 2021, but a handful of units of the new electric SUVs were spotted in Fremont factory, Electrek reported. It gives some hope that deliveries might start soon https://bit.ly/2Y8L4ba XPeng ($XPEV) recorded its highest-ever monthly deliveries in September 2021 of 10,412 Smart EVs, representing an increase of 199% Y/Y and a 44% increase over last month; also achieved a quarterly record of 25,666 deliveries in Q3 2021, up 48% Q/Q and 199% over prior year Energy, Industrials and Materials ExxonMobil ($XOM) says gas prices to boost 3q earnings by about $700M; says oil prices to boost 3q earnings by about $400M; says downstream margins to boost earnings by $600M SunPower Corp. ($SPWR) will replace Cimarex Energy Co. ($XEC) in the S&P MidCap 400 index before trading begins on Oct. 5, according to S&P Dow Jones Indices. S&P 500 constituent Cabot Oil & Gas Corp. is acquiring Cimarex Energy in a deal that is expected to close on Oct. 1. PDC Energy Inc ($PDCE) said anticipated total production near bottom of previous range of 190,000 to 195,000 boe per day for full-year 2021; sees FY 2021 oil production of 60,000 to 63,000 barrels per day, below previous range of 64,000 to 66,000 barrels per day JPMorgan upgraded shares of Southwest Airlines ($LUV) to Overweight from Neutral and Spirit airlines ($SAVE) downgraded at JPMorgan while adjusting other price tgts in the space Financials Jefferies Financial ($JEF) Q3 EPS $1.50 vs. est. $0.99; Q3 revs $1.65B vs. est. $1.74B Healthcare Merck ($MRK) and Ridgeback Biotherapeutics announce results from their oral antiviral medicine molnupiravir (MK-4482, EIDD-2801) from Phase 3 MOVe-OUT trial in patients with mild-to-moderate COVID-19. STAT News notes that in the Merck study, a five-day course of the oral medicine was administered within five days of patients’ symptom onset; half of those patients had at least one risk factor associated with poor disease outcomes (shares of rival COVID-19 vaccine makers PFE, BNTX, MRNA falling on the news) Exscientia ($EXAI) has priced its upsized U.S. IPO of 13.85M ADSs (from ~13.1M ADSs), representing 13.85M ordinary shares at $22.00/ADS, for total gross proceeds of ~$304.7M. Bicycle Therapeutics ($BCYC) to present bt5528 interim phase i data at AACR-NCI-EORTC virtual international conference on molecular targets and cancer therapeutics Haemonetics ($HAE) said the FDA has approved a same-day discharge indication for its VASCADE MVP vascular closure system used in atrial fibrillation ablation. Rockwell Medical ($RMTI) files $200M mixed securities shelf Technology, Media & Telecom Five9 ($FIVN) announced that its $14.7B merger agreement with Zoom Video (ZM) has been terminated by mutual agreement. The agreement did not receive the requisite number of votes from Five9 shareholders to approve the merger with Zoom. Under the deal terms announced in July, Five9 shareholders would have received 0.5533 Zoom share for every Five9 share. Walt Disney ($DIS) and Scarlett Johansson have resolved their legal battle over her salary in the movie “Black Widow,” ending a two-month fight between the two parties AMC Entertainment ($AMC) said it exercised option to repurchase $35M of 15% cash / 17% payment-in-kind ($PIK) Toggle First Lien Secured Notes due 2026 Alibaba ($BABA) downgraded to Outperform from Strong Buy at Raymond James with a price target of $240, down from $300 saying while they remain positive on Alibaba long-term and believes valuation remains attractive, feels the recovery in shares could take longer given the recent slowing of ecommerce growth combined with continued regulatory actions across China

76 Replies 6 👍 15 🔥

profile
@DarkPoolAlgo #Dark Pool Charts
recently

Thursday, September 30, 2021 Futures Up/Down % Last Dow 160.00 0.47% 34,425 S&P 500 20.25 0.46% 4,369 Nasdaq 70.50 0.48% 14,810 U.S. futures are looking at a bounce after stocks ended mixed on Wednesday as the technology sector struggled again as the 10-year Treasury yield was volatile, rising to highs around 1.55%, the highest levels since the summer. Helping market sentiment comes news out of D.C. as Senate Democrats say they have a bill they believe can avoid a Friday government shutdown while finding support across party lines. Majority Leader Chuck Schumer will hold a vote this morning, paving the way to President Joe Biden’s desk prior to the midnight deadline. The fate of the looming debt ceiling, which could prevent any further government borrowing beyond October 1, and the passage of both a $1 trillion infrastructure bill and a broader $3.5 trillion budget plan, remain unknown as House Democrats continue to bicker over the size, scope and timing of the twin pieces of legislation. China markets edged higher overnight after mixed data as PMI manufacturing showed a contraction, but services PMI beat consensus. In Asian markets, The Nikkei Index fell -91 points to 29,452, the Shanghai Index rose 31 points to 3,568 and the Hang Seng Index declined -87 points to 24,575. In Europe, the German DAX is down over -40 points to 15,320, while the FTSE 100 edges higher a few points to 7,120. European natural gas and power markets hit fresh record highs as supply constraints persist. U.S. markets come into the final trading day of the month with losses, the worst month this year as the Dow is down -2.75%, the S&P 500 -3.6%, the Nasdaq Composite down -4.9% and the Russell 2000 down -2.1%. Later today, markets get final Q2 GDP, weekly jobless claims, and PCE inflation data. Events Calendar for Today 8:30 AM ET Weekly Jobless Claims…est. 335K 8:30 AM EST Continuing Claims…est. 2.80M 8:30 AM ET Gross Domestic Product (GDP) for Q2-Final…est. 6.6% 8:30 AM ET GDP Personal Consumption for Q2-F…est. 8:30 AM ET GDP Deflator for Q2-F…est. 6.1% 8:30 AM ET PCE Prices Final for Q2-F 8:30 AM ET Core PCE Deflator Q2-F…est. 6.1% 9:45 AM ET Chicago PMI for Sept…est. 65.0 10:30 AM ET Weekly EIA Natural Gas Inventory Data Earnings Calendar: Earnings Before the Open: ANGO, $BBBY, $KMX, MKC, $PAYX Earnings After the Close: JEF Other Key Events: Cantor Global Healthcare Conference (virtual), 9/27-9/30 North American Spine Society Annual Meeting, in Boston 9/29-10/2 Wolfe Utilities & Midstream Conference 2021, 9/28-9/31 Market Closing Prices Yesterday The S&P 500 Index gained 6.83 points, or 0.16%, to 4,359.46 The Dow Jones Industrial Average rose 90.73 points, or 0.26%, to 34,390.72 The Nasdaq Composite slipped -34.24 points, or 0.24%, to 14,512.44 The Russell 2000 Index declined -4.47 points, or 0.20% to 2,225.31 Macro Up/Down Last Nymex -0.11 74.72 Brent -0.22 78.42 Gold -1.75 1,724.60 EUR/USD -0.0025 1.1573 JPY/USD 0.01 111.97 10-Year Note -0.015 1.524% World News China Manufacturing PMI for Sept reported at 49.6, below the 50.0 estimate and prior 50.1 reading, the first contraction since Feb. 2020. China Non-Manufacturing PMI for Sept at 53.2, above est. 49.8 and prior reading of 47.5 in Aug Senate Democrats said they have a bill they think can avoid a Friday government shutdown while finding support across party lines. Majority Leader Chuck Schumer will hold a vote this morning, paving the way to President Joe Biden’s desk prior to the midnight deadline. Sector News Breakdown Consumer Herman Miller ($MLHR) 1Q adj EPS $0.49 vs est. $0.50 on sales $789.7Mm vs est. $648.2Mm; guides 2Q adj EPS $0.55-0.61 vs est. $0.57, sees 2Q sales $1.025-1.065B vs est. $748.3Mm Churchill Downs ($CHDN) board approved a $500M share buyback program McCormick ($MKC) Q3 EPS $0.80 vs. est. $0.72; Q3 sales rose 8% to $1.55B vs. est. $1.54B; sees adjusted eps $2.97 to $3.02 down from prior $3.00-$3.05 (est. $3.01), while boosts the lower end of sales range for year to +12% to +13%, from prior +11% to +13% and sees operating income +2% to +4%, down from prior +6% to +8% Uber Technologies ($UBER) has launched the first official Holiday Shop on the Uber Eats platform in partnership with Proper Companies’ holiday division Starbucks ($SBUX) downgraded to Neutral from Overweight at Atlantic Equities Kaival Brands ($KAVL)7M share Spot Secondary priced at $1.70 Olaplex Holdings ($OLPX)7M share IPO priced at $21.00 Energy, Industrials, & Materials Virgin Galactic ($SPCE) shares rise 10%; is cleared to fly by the FAA following an investigation after the Unity 22 flight went slightly off-course in July. The FAA approved corrective actions that include updated calculations to expand the airspace for future flights and ensuring real-time mission notifications are sent to air traffic control. Landec Corp. ($LNDC) Q1 adj EPS loss (-$0.23) vs. est. loss (-$0.12); Q1 revs $128.8M vs. est. $129.2M; reiterates FY22 guidance with estimates loss of (-$0.03) and revs $547.2M Orion (ORN) announced two contract awards for its Marine segment totaling ~$200M. Solar Integrated Roofing ($SIRC) said its subsidiary USA Solar Networks has entered into a nationwide partnership with Sunnova Energy International (NOVA) to provide financing services across its National Dealer and Contractor Network. Financials FactSet ($FDS) upgraded to Neutral from Sell at UBS and raise tgt to $415 from $303 Healthcare Perrigo ($PRGO) shares rose 11%; said it agreed to settle with tax authorities over a 2018 demand by the Irish Office of the Revenue Commissioners that the company pay 1.64B euros ($1.90B) in taxes. Ireland said in 2018 that intellectual property sales by Perrigo were taxed as tradable income at 12.5%, when it should have been treated as a chargeable gain at a rate of 33% Regeneron’s ($REGN), as published in the New England Journal of Medicine (NEJM), COVID-19 antibody cocktail REGEN-COV (Casirivimab and Imdevimab) led to a 70% reduction in the risk of hospitalization or death in high-risk infected individuals. AIM ImmunoTech ($AIM) announces clinical trial agreement for a phase 2a human challenge trial of Ampligen as a potential intranasal prophylaxis against respiratory viruses Lilly ($LLY) and Incyte ($INCY) said Olumiant significantly improved hair regrowth to at least 80% scalp coverage as early as 24 weeks across first completed phase 3 studies for alopecia areata Lilly ($LLY) said Tirzepatide led to greater improvements in liver fat content and abdominal adipose tissue compared to titrated insulin degludec in adults with type 2 diabetes in an MRI sub-study phase 3 SURPASS-3 clinical trial. The results were presented today at the 57th European Association for the Study of Diabetes ($EASD) Annual Meeting in an EASD-sponsored symposium. Technology, Media & Telecom Nintendo ($NTDOY) issued a press release insisting that Bloomberg’s seeming revelation that Nintendo was pushing developers to build 4K-resolution games for an upcoming but potentially canceled “Switch Pro” handheld was entirely incorrect. Separately, it says that it has no plans for any new Nintendo Switch other than the slightly refined OLED model that’ll be out next week. Snowflake ($SNOW) upgraded to Buy from Neutral at BTIG with $353 tgt

138 Replies 6 👍 9 🔥

profile
@dros #droscrew
recently

managing director of $JEF

115 Replies 7 👍 10 🔥

profile
@HeyShoe #droscrew
recently

any $JEF flowage?

127 Replies 14 👍 6 🔥

profile
@dros #droscrew
recently

+Initiations 9/21: $ATLC $CANO $CMCSA $CTRN $DIS $DNLI $EFTR $ENPH $EVGO $FINV $FTNT $GOSS $HLMN $INBX $ISOS $JEF $LIFE $MDLZ $NEP $PIPR $PLXP $PNTG $PRTG $RXRX $TDAC $TMUS $UNVR . -Initiations 9/21: $COWN

45 Replies 13 👍 13 🔥

profile
@DarkPoolAlgo #Dark Pool Charts
recently

Tuesday, September 21, 2021 Futures Up/Down % Last Dow 306.00 0.90% 34,145 S&P 500 35.25 0.81% 4,383 Nasdaq 109.25 0.73% 15,118 Markets are rallying after yesterday’s massive selloff that saw the Nasdaq and Russell 2000 hit their lowest levels in a month, S&P touch a 2-month low, and the Dow crater to its lowest levels since June. Today is also the first day of the Federal Reserve’s two-day September meeting that will have investors looking for hints on when the central bank will begin tapering its bond purchases. Oil prices are also rebounding after news that the production in the Gulf of Mexico will remain impacted for the rest of the year, and Royal Dutch Shell (RDS.A) said its West Delta 143 platform will not resume operations until the first quarter of 2022. Across the pond in Europe, Universal Music Group has surged more than 35% in its debut on the Euronext Amsterdam stock exchange. In Asian markets, The Nikkei Index and Shanghai Index are closed for the second straight day, while the Hang Seng Index is up 106.5 points. In Europe, the German DAX is down 96 points while the FTSE 100 is rebounding 90 points. Market Closing Prices Yesterday · The S&P 500 Index plunged -75.35 points, or 1.78%, to 4,357.64 · The Dow Jones Industrial Average lost -614.08 points, or 1.78%, to 33,970.80 · The Nasdaq Composite tumbled -330.07 points, or 2.19%, to 14,713.90 · The Russell 2000 Index declined -54.67 points, or 2.44% to 2,182.20 Economic Calendar: · 7:45 AM ET ICSC Weekly Retail Sales · 8:30 AM ET Current Account for Q2 · 8:30 AM ET Housing Starts MoM for Aug · 8:30 AM ET Building Permits MoM for Aug · 8:55 AM ET Johnson/Redbook Weekly Sales · 4:30 PM ET API Weekly Inventory Data Earnings Calendar: · Earnings Before the Open: APOG, AZO, CBRL · Earnings After the Close: ADBE, FDX, INNV, ISR, SFIX Other Key Events: · Credit Suisse 2021 Consumer Retail Conference (virtual), 9/21-9/22 · Credit Suisse 7th Annual Oil & Gas Non-Bus Tour (virtual), 9/21-9/23 · European Society for Medical Oncology (ESMO) 2021 Virtual Congress, 9/16-9/21 · Goldman Sachs 30th Annual Communacopia Conference (virtual), 9/21-9/23 · JPMorgan 12th Annual U.S. All Stars Conference (virtual), 9/21-9/23 · Oppenheimer Fall Healthcare Life Sciences & MedTech Summit (virtual), 9/20-9/23 · Roth Capital 8th Annual Solar Symposium (virtual), 9/20-9/23 · Stephen’s 11th Annual Bank Forum, in Little Rock, AR, 9/20-9/22 World News · Justin Trudeau will remain Canada’s Prime Minister after winning a snap election he had called last month, though his Liberal Party was unable to capture a parliamentary majority, winning 156 of the 338 seats. Sector News Breakdown Consumer · KAR Auction Services ($KAR) withdrew its FY21 financial outlook due to the continued disruption caused by the chip shortage and lack of visibility into used vehicle volumes in its marketplaces; the company sees Q3 adj EBITDA $95M-$100M and expects approximately 2/6M vehicles sold in 2021 · AutoZone ($AZO) Q4 EPS $35.72 vs est. $29.81 on revenue $4.9B vs est. $4.57B, same-store sales +4.3% Energy · ConocoPhillips ($COP) is nearing a deal to purchase Shell’s (RDS.A) assets in the Permian Basin for close to $9.5B · Orbital Energy Group ($OEG) won a contract to construct 1,910 miles of rural broadband network in Virginia for undisclosed terms · Occidental Petroleum ($OXY) said it reduced debt by about $1.3B in August and September Industrials and Materials · Alcoa ($AA) announced plans to restart 268,000 metric tons per year of aluminum capacity at the Alumar smelt in Sao Luis, Brazil, which has been fully curtailed since 2015; company sees Q4 restart expenses between 5c-7c per share · FedEx ($FDX) announced an increase to shipping rates starting January 3, 2022. FedEx Express, Ground, and Home Delivery shipping rates will each increase by an average of 5.9% · Herc Holdings ($HRI) announced new strategic initiatives and capital allocation plan, and raised its 2021 adj EBTIDA guidance to $870M-$890M from $840M-$870M, sees FY22 adj EBITDA $1.05B-$1.15B, set 2021-2024 organic CAGR growth goals of 12-15% in rental revenue and 17-20% in adj EBITDA, and announced a dividend of 50c/share · Axalta Coating Systems ($AXTA) cut its Q3 guidance, now seeing sales down ~$40M from levels assumed in its prior guidance and adj EBITDA to $130M-$140M from its prior midpoint of $138M as sales volumes continue to be impacted by supply chain disruptions, which they see continuing into 2022, and impacting global production by 11M units from its prior view of a 7M impact · Lennar ($LEN) Q3 adj EPS $3.27 vs est. $3.26 on revenue $6.94B vs est. $7.25B, net new orders 16,277 vs est. 16,248, gross margin on home sales in-line 27.3%, and backlog 25,819 vs est. 24,946; guides Q4 new orders to 15,200-15,400 and sees Q4 deliveries about 18,000, though expects unprecedented supply chain challenges to continue into the foreseeable future Financials · Piper Sandler ($PIPR), Jefferies (JEF) were rated as new Buys at Goldman · U.S. Bancorp ($USB) agreed to purchase the personal banking arm of Japan’s Mitsubishi UFJ Financial Group (MUFG) in a deal worth $8B, including $5.5B in cash and 44M USB shares (2.9% stake). Healthcare · SmilDirectClub ($SDC) announced plans to launch its products in France in the beginning of 4Q21 and will introduce premium clear aligners, a telehealth platform, and whitening system at its first smileshop in Paris · Viridian Therapeutics ($VRDN) announced a proposed underwritten public offering of common and preferred stock to use the proceeds to advance development of ots VRDN-001 and VRDN-002 programs · Conformis ($CFMS) cut its Q3 product revenue, now seeing $13.7M-$14.3M from $15.5M-$16.5M, and says experienced higher levels of deferred and rescheduled knee and hip procedures as a result of Delta variant Covid surge · Johnson & Johnson ($JNJ) said its Covid booster shot is 94% effective when given two months after first dose and increases antibody levels 4-6x higher than only one shot. Technology, Media & Telecom · Sportradar ($SRAD) announced Michael Jordan will assume a role as a special advisor and increase his investment in the company · $UBER said it is tracking towards adj EBITDA breakeven in Q3, seeing it in the range ($25M)-$25M vs its prior forecast of a loss exceeding ($100M), while narrowing its quarterly bookings forecast to $22.8B-$23.2B from $22B-$24B, and further said it expects to deliver sequential EBITDA improvement in Q4 with an outlook between $0-$100M · Disney ($DIS) was named as a new Buy with a $225 price target at Daiwa

60 Replies 10 👍 8 🔥

profile
@DarkPoolAlgo #Dark Pool Charts
recently

Monday, August 23, 2021 Futures Up/Down % Last Dow 157.00 0.45% 35,215 S&P 500 15.25 0.34% 4,452 Nasdaq 40.50 0.27% 15,127 Stock futures are looking higher, trying to rebound after last week’s modest losses, boosted by hopes that the U.S. FDA is aiming to give full approval to Pfizer’s ($PFE) COVID-19 vaccine today (as per a NYTimes article Friday) and as investors looked to the Jackson Hole symposium later in the week for hints on future Federal Reserve policy. Oil prices rebound, rising around 3%, looking to snap its 7-day losing streak as prices fell over 9% last week. In Asian markets, The Nikkei Index jumped 480 points (1.78%) to 27,494, the Shanghai Index gains 49 points (or 1.45%) to 3,477 and the Hang Seng Index rises 259 points to 25,109. In Europe, the German DAX is higher by 40-points to 15,850, while the FTSE 100 gains 30 points to 7,120. Stocks slumped last week as the S&P 500 drops 0.59%, Dow down 1.12%, Nasdaq loses 0.73%, but YTD performance remains impressive with the S&P +18.25%, the Dow +14.74%, the Nasdaq +14.17% and the Russell 2000 +13.14% (gold -5.91%, Bitcoin +57.52% and oil +30.87%). The S&P and Dow were weighed down by steep losses among shares of economically-sensitive companies like banks, materials companies and energy producers this week as the Fed signaled that it will scale back some of its easy money policies. Other factors playing a role in volatility last week included an uptick in Covid-19 infections and a slowdown in China’s growth that could impede the economic recovery. Bitcoin prices topped $50K over the weekend, the first time since mid-May (15th) in a continuation of last week’s advance Market Closing Prices Yesterday The S&P 500 Index gained 35.87 points, or 0.81%, to 4,441.67 The Dow Jones Industrial Average rose 225.98 points, or 0.65%, to 35,120.08 The Nasdaq Composite surged 172.86 points, or 1.19%, to 14,714.66 The Russell 2000 Index advanced 35.18 points, or 1.65% to 2,167.60 Events Calendar for Today 9:45 AM ET Markit Manufacturing PMI-F…est. 62.5 9:45 AM ET Market Composite Flash-PMI…est.58.3 9:45 AM ET Markit Services PMI-Flash…est.59.5 10:00 AM ET Existing Home Sales MoM for Aug…est. 5.83M Earnings Calendar: Earnings Before the Open: $JD, $MSGE Earnings After the Close: $FLXS, $MARK, $PANW Other Key Events: American Association of Neurological Surgeons, 8/21-8/25, in Orlando, FL UBS China Telco, Media, Internet Virtual Conference 2021, 8/23-8/27 Truist Texas Bank Virtual Summit, 8/23-8/24 Macro Up/Down Last Nymex 1.90 64.04 Brent 2.06 67.24 Gold 7.40 1,788.50 EUR/USD 0.0019 1.1717 JPY/USD 0.29 110.07 10-Year Note +0.018 1.278% World News France Aug Mfg PMI: 57.3 in line; Services 65.4 vs 57.0 consensus Germany Aug Mfg PMI: 62.7 vs 65.0 consensus; Services 61.5 vs 61.0 consensus Eurozone Aug Mfg PMI: 61.5 vs 62.0 consensus; Services 59.7 vs 59.8 consensus UK Aug Mfg PMI: 60.1 vs 59.5 consensus; Services 55.5 vs 59.0 consensus Sector News Breakdown Consumer General Motors Co ($GM) to take a $1B charge to expand the recall of its Chevrolet Bolt electric vehicles due to the risk of fires from the high-voltage battery pack; this comes on top of $800M in costs from previous Bolt recalls – Reuters Uber ($UBER), Lyft ($LYFT) and DoorDash ($DASH) fall after a California state judge strikes down a ballot measure that declared drivers for the companies were independent contractors Energy, Industrials and Materials The U.S. Defense Department ordered U.S. airlines to provide 18 planes to transport evacuees, saying the extra capacity will help military aircraft focus on operations in and out of Kabul Stem ($STEM) a positive mention in Barron’s saying the company that installs batteries for utilities and sells software to manage them, is an attractive renewable energy bet. Business inquiries have picked up since the company received a $475 million cash injection through a SPAC merger in April, the CEO said. Revenue is expected to more than double in 2022 Maxar Technologies ($MAXR) won a 5-year, $60M contract from the U.S. National Geospatial-Intelligence Agency (NGA) to continue development and operations of a classified big data analytics program SPI Energy ($SPI) said its wholly owned Phoenix Motorcars subsidiary expands R&D and production capabilities; Phoenix Motorcars signed a long-term lease agreement for the facility located in Anaheim, California Ardmore Shipping ($ASC) files to sell $50M of common stock Financials Jefferies ($JEF) mentioned positively in Barron’s calling it a “rising star” on Wall Street and it will benefit from European banks’ pullback from the U.S. capital markets. CEO Rich Handler told Barron’s the investment bank is “long-term oriented” in its approach and is in no hurry to sell its merchant-banking business. PayPal ($PYPL) will allow customers in the UK to buy, sell and hold bitcoin and other cryptocurrencies starting this week – Reuters Healthcare The FDA is targeting full approval of Pfizer ($PFE)-BioNTech’s ($BNTX) two-dose Covid-19 vaccine on Monday, August 23, further expediting an earlier timeline for licensing the shot, The New York Times reported Axsome Therapeutics Inc ($AXSM) rises over 30%; said the FDA was unable to complete its review of the company’s drug to treat major depressive disorder by the target action date of Aug. 22; said the FDA did not request additional information, adding that the review of the application was ongoing. Orphazyme ($ORPH) rises more than 20% after the Danish biotech company posted results from the trial of its key drug candidate for a genetic disorder Niemann-Pick disease type C, two months after it was rejected in the U.S. Technology, Media & Telecom com ($JD) Q2 Non-GAAP EPS of $0.45 beats by $0.11; GAAP EPS of $0.08 misses by $0.13; Q2 revs $39.3B beats by $1.12B; annual active customer accounts increased by 27.4% Y/Y to 531.9 million in the twelve months ended June 30, 2021. Intel ($INTC) wins us government project to develop leading-edge foundry ecosystem; Intel Foundry Services will lead the first phase of the U.S. department of defense’s ramp-c program to establish a domestic commercial foundry infrastructure. Nokia ($NOK) announced that it has been selected by A1 Telekom Austria Group (A1) to extend its 5G footprint outside of Austria into Bulgaria, Serbia, and Slovenia. Barron’s said investors should have more confidence in Spotify ($SPOT), noting while its audience growth is losing steam, Spotify is poised to post a profit in 2022, making it a promising bet as a market- leading subscription service in a growing sector Nexstar Media Inc., a wholly-owned subsidiary of Nexstar Media Group, Inc. ($NXST), announced on Friday it acquired The Hill for $130 million (plus working capital adjustments), in a transaction that is expected to be immediately accretive to Nexstar’s operating results. The Hill is the nation’s leading, independent, political digital media platform.

63 Replies 15 👍 15 🔥

profile
@dros #droscrew
recently

$JEF APR2021 $35 Cs // 12.9k+ trading vs 561 OI

106 Replies 15 👍 9 🔥

profile
@dros #droscrew
recently

$JEF APR2021 $35 Cs // 12.9k+ trading vs 561 OI

40 Replies 15 👍 7 🔥

profile
@FUZZJP #ivtrades
recently

Earnings are 26th (march) > @Carlos-carvan58 said: watching high volume $JEF Apr 35C

91 Replies 14 👍 9 🔥

profile
@CarlosH-carvan #ivtrades
recently

watching high volume $JEF Apr 35C

64 Replies 6 👍 7 🔥

profile
@dros #droscrew
recently

10000 $JEF JUN2021 $30 / $35 call spreads bought 1.75

95 Replies 7 👍 10 🔥

profile
@dros #droscrew
recently

10000 $JEF JUN2021 $30 / $35 call spreads bought 1.75

121 Replies 15 👍 8 🔥

profile
@CarlosH-carvan #ivtrades
recently

$JEF Jun18 35C

138 Replies 11 👍 8 🔥

profile
@dros #droscrew
recently

looks like a bear call spread JEF

104 Replies 8 👍 13 🔥

profile
@dros #droscrew
recently

3134 $JEF 20NOV20 $20 Ps bought 1.15-1.20

150 Replies 11 👍 14 🔥

profile
@dros #droscrew
recently

3134 $JEF 20NOV20 $20 Ps bought 1.15-1.20

132 Replies 6 👍 6 🔥

profile
@Marcosx #ivtrades
recently

$JEF puts is NItto planning on going into work and murdering everybody?

104 Replies 14 👍 15 🔥

profile
@ivtrades-Chris #ivtrades
recently

2639 $JEF Nov20 20.0 Puts trade $1.20 (FT Theo=1.05) ASKSIDE PHLX 09:44:01 IV=43.6% +5.4 FLOOR - OPENING Vol=3033, OI=10,

89 Replies 9 👍 14 🔥

profile
@dros #droscrew
recently

pretty sure this $JEF guy is looking past Friday

92 Replies 6 👍 8 🔥

profile
@dros #droscrew
recently

taking off some $JEF equity

134 Replies 7 👍 15 🔥

profile
@dros #droscrew
recently

classic JEF

135 Replies 12 👍 11 🔥

profile
@dros #droscrew
recently

still in JEF and GS calls expiring Friday. gonna cut both today

147 Replies 8 👍 10 🔥

profile
@dros #droscrew
recently

im finally making money on $JEF @matthewnitto

130 Replies 10 👍 12 🔥

profile
@dros #droscrew
recently

JEF IV is heart breaking

60 Replies 15 👍 11 🔥

profile
@dros #droscrew
recently

also JEF upgrading them

49 Replies 8 👍 14 🔥

profile
@HeyShoe #droscrew
recently

Dros, sell the $JEF pop?

104 Replies 7 👍 10 🔥

profile
@Navneet #droscrew
recently

i see ! so you think jef options value will increase ?

140 Replies 7 👍 8 🔥

profile
@dros #droscrew
recently

I think we’re experiencing what is called an “IV Crush” with JEF nav

65 Replies 13 👍 13 🔥

profile
@Navneet #droscrew
recently

@dros what u think of JEF ?

94 Replies 11 👍 12 🔥

MA
@marathon88 #droscrew
recently

Nice call on JEF

111 Replies 7 👍 7 🔥

Key Metrics

Market Cap

8.70 B

Beta

1.12

Avg. Volume

0.99 M

Shares Outstanding

228.81 M

Yield

3.09%

Public Float

0

Next Earnings Date

2023-01-11

Next Dividend Date

Company Information

Jefferies Financial Group Inc. is a diversified financial services company engaged in investment banking and capital markets, asset management and direct investing. Jefferies Group LLC, its largest subsidiary, is the largest independent full-service global investment banking firm headquartered in the U.S.

CEO: Richard Handler

Website:

HQ: 520 Madison Ave New York, 10022-4213 New York

Related News