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Tuesday 13 October 2015
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Intraday Movers: Leucadia National Corp. (NYSE:LUK), Infosys Ltd ADR (NYSE:INFY), Ally Financial Inc (NYSE:ALLY), Chicago Bridge & Iron Company N.V. (NYSE:CBI)

On Friday, Shares of Leucadia National Corp. (NYSE:LUK), gained 0.15% to $20.25.

Jefferies Group LLC recently declared financial results for its fiscal third quarter 2015.

Highlights for the three months ended August 31, 2015, with adjusted amounts not taking into account the operating results and wind down costs of our Bache business, which reflects a substantial portion of the final wind-down costs and write-offs, and the final period of meaningful operations:

  • Investment Banking Net Revenues of $390 million
  • Total Sales and Trading Net Revenues of $185 million
  • Total Adjusted Net Revenues of $583 million (not taking into account Bache)
  • Adjusted Net Earnings of $47 million (not taking into account Bache)
  • Net Earnings of $2 million (counting Bache)

Highlights for the nine months ended August 31, 2015, with adjusted amounts not taking into account the operating results and wind down costs of our Bache business:

  • Investment Banking Net Revenues of $1,066 million
  • Total Sales and Trading Net Revenues of $896 million
  • Total Adjusted Net Revenues of $1,882 million (not taking into account Bache)
  • Adjusted Net Earnings of $153 million (not taking into account Bache)
  • Net Earnings of $75 million (counting Bache)

Leucadia National Corporation, through its partner, Jefferies Group LLC, primarily operates in the investment banking and capital markets sector. Leucadia National Corporation also owns and holds investments in various other businesses, counting beef processing, manufacturing, energy projects, asset administration, and real estate.

Shares of Infosys Ltd ADR (NYSE:INFY), inclined 0.79% to $17.82, during its last trading session.

Infosys Foundation USA, a non-profit organization focused on bridging the digital divide in America, recently launched its inaugural Infy Maker Awards program. The program is part of an ongoing commitment from Infosys Foundation USA to spark the spirit of making in everyday learning, and to celebrate makers of all ages across the United States who demonstrate creative excellence.

Infosys Limited, together with its auxiliaries, provides business consulting, technology, engineering, and outsourcing services in North America, Europe, India, and internationally. Its solutions comprise business information technology (IT) services comprising application development and maintenance, independent validation services, infrastructure administration, business process administration, and engineering services compriseing of product engineering and life cycle solutions; and consulting and systems integration services, counting consulting, enterprise solutions, systems integration, and advanced technologies.

At the end of Friday’s trade, Shares of Ally Financial Inc (NYSE:ALLY), remained flat at $20.78.

Ally Bank, the direct banking partner of Ally Financial, declared it has surpassed the 1 million mark for retail deposit customers. To honor the occasion, Ally Bank has declared the second Monday in October National Online Bank Day to promote awareness of the benefits of online banks.

Formed in May 2009, Ally Bank has been widely recognized for its customer-centric philosophy and straightforward approach to banking. As of the end of August 2015, Ally Bank had $52.9 billion in retail deposits, representing an average annual growth rate of about 22 percent since 2009. Customer satisfaction and retention compriseently remained above 90 percent.

“Achieving 1 million customers in six short years underscores the strength of our value proposition,” said Diane Morais, Ally Bank chief executive officer and president. “Our approach has been to offer consumers a banking experience that comprises competitive rates, innovative products and a high level of service, and this strategy has earned recognition as a top pick among online banks and fueled our overall growth.”

Ally Financial Inc. provides financial products and services primarily to automotive dealers and their customers in the United States. It offers dealer financial services, counting a range of financial services and insurance products to automotive dealers and retail customers.

Finally, Chicago Bridge & Iron Company N.V. (NYSE:CBI), ended its last trade with -0.24% loss, and closed at $40.84.

Chicago Bridge & Iron Company, declared an interim dividend on common stock of $0.07 per share, payable Sept. 30, 2015, to shareholders of record as of Sept. 18, 2015.

Chicago Bridge & Iron Company N.V. provides conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program administration, and environmental services worldwide.

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This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.




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