(Bloomberg) -- Jefferies Group, the securities firm owned by Leucadia National, said profit rose 68% as stock underwriting more than doubled and investment- banking revenue reached a record.
Net income for the fiscal fourth quarter, which ended Nov. 30, climbed to $120.1 million from $71.6 million a year earlier, New York-based Jefferies said today in a statement. The firm was acquired in March by Leucadia, whose quarter ends Dec. 31.
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