Jefferies’ profit jumps on investment banking windfall

Jefferies’ profit jumps on investment banking windfall

By Pritam Biswas and Lananh Nguyen(Reuters) -Jefferies Financial’s profit more than tripled in the fourth quarter as the investment bank earned higher fees from advising on deals and underwriting activity remained strong, it reported on Wednesday. Ebullient...
Paramount, Comcast renew multi-year carriage deal

Paramount, Comcast renew multi-year carriage deal

(Reuters) – Paramount Global has renewed its distribution deal with Comcast, the companies said on Tuesday, ensuring the cable systems and services provider continues to offer the media giant’s channels like CBS and Nickelodeon.The deal, terms of which...