Jefferies - Febspot

Jefferies

A collection of 3 posts

First Brands founder Patrick James and brother charged in multibillion-dollar fraud — I.insider.com

First Brands founder Patrick James and brother charged in multibillion-dollar fraud

Manhattan federal prosecutors on Thursday charged First Brands founder Patrick James and his brother Edward James in a multibillion-dollar fraud scheme tied to the auto parts company whose bankruptcy rattled Wall Street last year. The brothers were charged with wire fraud, bank fraud, and conspiracy, including a money laundering conspiracy.

Study: GLP-1 weight-loss drugs may trim U.S. airlines' fuel costs by $580M — Static01.nyt.com

Study: GLP-1 weight-loss drugs may trim U.S. airlines' fuel costs by $580M

A Jefferies study says weight-loss drugs known as GLP-1s could help the four largest U.S. carriers — American Airlines, Delta Air Lines, Southwest Airlines and United Airlines — save as much as $580 million a year in fuel costs by reducing passenger weight. Sheila Kahyaoglu, an equity analyst at Jefferies and

Jefferies strategist removes Bitcoin from model portfolio over quantum risk — Assets.beincrypto.com

Jefferies strategist removes Bitcoin from model portfolio over quantum risk

Beincrypto reports that Jefferies strategist Christopher Wood has removed Bitcoin from the firm's flagship model portfolio, cutting a 10% allocation and reallocating it evenly to physical gold and gold-mining stocks, citing doubts about Bitcoin's long-term durability driven by quantum computing risks. Wood, Jefferies’ global head of