Jefferies Group Inc.’s 1988 earnings rose 160%...
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Jefferies Group Inc.’s 1988 earnings rose 160% to almost $16 million on revenue of $144.6 million, down 2% from 1987. The Los Angeles-based holding company, which distributes and trades equity securities through its Jefferies & Co. unit, also reported fourth-quarter earnings of $4.9 million, contrasted with a loss of $853,000 in the year-ago period. Revenue for the quarter fell 7.5% to $36.3 million.
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