Jefferies Financial Rallies On Takeover Talk Ahead Of Earnings

Jefferies Financial Rallies On Takeover Talks Ahead Of Earnings | Investor's Business Daily SPOTLIGHT: Best Mutual Funds 2026 Jefferies Financial stock rallied early Tuesday on reports that Japan-based Sumitomo Mitsui Financial (SMFG) is preparing for a potential buyout of the U.S. investment bank. The news comes ahead of Jefferies' earnings report late Wednesday. SMFG, Japan's second-largest bank in terms of assets, is working on plans for a possible takeover of Jefferies Financial Group (JEF), the Financi ...