Fri, Jul 11, 2014, 5:08 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Jefferies Group, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • sandyeggojake sandyeggojake Dec 12, 2012 1:48 PM Flag

    Effect of LUK xd date on JEF

    Yes, there may be a ex-div effect to $JEF, but given $LUK div is only ~1% div, it will be small effect, somewhat off set by the accelerated div.

    What it driving $JEF is the bidding war on $KCG, which $JEF will be funding. They win on the price and they win on the financing. And the more $JEF makes, the more $LUK NOLs which can be applied and accelerated. The leverage in this deal is impressive and now the techncials are backing a move higher, especially if $LUK closes above $23.90, as even with a 1% ex-div efect, we should close tomorrow above the MA(200)d, with a golden cross in sight soon.

 

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.