Switch to:
Also traded in: Germany, Mexico

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 4.62
LUK's Cash to Debt is ranked lower than
60% of the 578 Companies
in the Global Capital Markets industry.

( Industry Median: 34.92 vs. LUK: 4.62 )
Ranked among companies with meaningful Cash to Debt only.
LUK' s Cash to Debt Range Over the Past 10 Years
Min: 0.12  Med: 0.86 Max: 4.74
Current: 4.62
0.12
4.74
Equity to Asset 0.21
LUK's Equity to Asset is ranked lower than
77% of the 579 Companies
in the Global Capital Markets industry.

( Industry Median: 0.58 vs. LUK: 0.21 )
Ranked among companies with meaningful Equity to Asset only.
LUK' s Equity to Asset Range Over the Past 10 Years
Min: 0.2  Med: 0.49 Max: 0.75
Current: 0.21
0.2
0.75
Interest Coverage 2.06
LUK's Interest Coverage is ranked lower than
85% of the 486 Companies
in the Global Capital Markets industry.

( Industry Median: 124.12 vs. LUK: 2.06 )
Ranked among companies with meaningful Interest Coverage only.
LUK' s Interest Coverage Range Over the Past 10 Years
Min: 2.07  Med: 5.02 Max: 14.36
Current: 2.06
2.07
14.36
F-Score: 3
Z-Score: 0.70
M-Score: -0.67
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Operating margin (%) 1.40
LUK's Operating margin (%) is ranked lower than
70% of the 610 Companies
in the Global Capital Markets industry.

( Industry Median: 13.60 vs. LUK: 1.40 )
Ranked among companies with meaningful Operating margin (%) only.
LUK' s Operating margin (%) Range Over the Past 10 Years
Min: -47.46  Med: -11.63 Max: 47.22
Current: 1.4
-47.46
47.22
Net-margin (%) 1.97
LUK's Net-margin (%) is ranked lower than
67% of the 616 Companies
in the Global Capital Markets industry.

( Industry Median: 11.92 vs. LUK: 1.97 )
Ranked among companies with meaningful Net-margin (%) only.
LUK' s Net-margin (%) Range Over the Past 10 Years
Min: -234.62  Med: 25.55 Max: 492.41
Current: 1.97
-234.62
492.41
ROE (%) 2.05
LUK's ROE (%) is ranked lower than
62% of the 633 Companies
in the Global Capital Markets industry.

( Industry Median: 5.26 vs. LUK: 2.05 )
Ranked among companies with meaningful ROE (%) only.
LUK' s ROE (%) Range Over the Past 10 Years
Min: -61.49  Med: 7.62 Max: 55.27
Current: 2.05
-61.49
55.27
ROA (%) 0.42
LUK's ROA (%) is ranked lower than
66% of the 644 Companies
in the Global Capital Markets industry.

( Industry Median: 1.77 vs. LUK: 0.42 )
Ranked among companies with meaningful ROA (%) only.
LUK' s ROA (%) Range Over the Past 10 Years
Min: -38.05  Med: 5.40 Max: 32.52
Current: 0.42
-38.05
32.52
ROC (Joel Greenblatt) (%) 52.60
LUK's ROC (Joel Greenblatt) (%) is ranked higher than
65% of the 491 Companies
in the Global Capital Markets industry.

( Industry Median: 16.20 vs. LUK: 52.60 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
LUK' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: -42.48  Med: 76.85 Max: 165.26
Current: 52.6
-42.48
165.26
Revenue Growth (3Y)(%) 73.70
LUK's Revenue Growth (3Y)(%) is ranked higher than
93% of the 479 Companies
in the Global Capital Markets industry.

( Industry Median: 3.90 vs. LUK: 73.70 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
LUK' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -48.1  Med: 6.25 Max: 155
Current: 73.7
-48.1
155
EBITDA Growth (3Y)(%) -20.30
LUK's EBITDA Growth (3Y)(%) is ranked lower than
78% of the 361 Companies
in the Global Capital Markets industry.

( Industry Median: 9.60 vs. LUK: -20.30 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
LUK' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: -42.9  Med: -8.70 Max: 115.9
Current: -20.3
-42.9
115.9
EPS Growth (3Y)(%) 126.40
LUK's EPS Growth (3Y)(%) is ranked higher than
95% of the 359 Companies
in the Global Capital Markets industry.

( Industry Median: 8.20 vs. LUK: 126.40 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
LUK' s EPS Growth (3Y)(%) Range Over the Past 10 Years
Min: -46.2  Med: 24.20 Max: 126.4
Current: 126.4
-46.2
126.4
» LUK's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2015

LUK Guru Trades in Q1 2015

First Pacific Advisors 2,878,600 sh (New)
Chuck Royce 193,060 sh (+16.68%)
Columbia Wanger 4,330,100 sh (+13.02%)
Jeremy Grantham 197,100 sh (+3.96%)
Ruane Cunniff 16,471 sh (unchged)
First Eagle Investment 107,100 sh (unchged)
Fairholme Fund 10,548,750 sh (unchged)
Tweedy Browne 590,492 sh (-0.81%)
Bruce Berkowitz 13,795,971 sh (-4.73%)
Murray Stahl 1,593,765 sh (-6.91%)
Third Avenue Management 2,149,859 sh (-13.55%)
Paul Tudor Jones 12,520 sh (-71.58%)
» More
Q2 2015

LUK Guru Trades in Q2 2015

Charles Brandes 420,383 sh (New)
George Soros 170,000 sh (New)
Joel Greenblatt 9,713 sh (New)
Paul Tudor Jones 30,575 sh (+144.21%)
First Pacific Advisors 3,089,100 sh (+7.31%)
Columbia Wanger 4,514,439 sh (+4.26%)
Chuck Royce 195,459 sh (+1.24%)
Ruane Cunniff 16,471 sh (unchged)
First Eagle Investment 107,100 sh (unchged)
Fairholme Fund 10,548,750 sh (unchged)
Murray Stahl 1,554,438 sh (-2.47%)
Jeremy Grantham 181,500 sh (-7.91%)
Bruce Berkowitz 12,313,785 sh (-10.74%)
Third Avenue Management 1,653,387 sh (-23.09%)
Tweedy Browne 336,247 sh (-43.06%)
» More
Q3 2015

LUK Guru Trades in Q3 2015

Ray Dalio 26,100 sh (New)
Charles Brandes 3,884,763 sh (+824.10%)
First Pacific Advisors 9,111,320 sh (+194.95%)
Joel Greenblatt 20,918 sh (+115.36%)
Zeke Ashton 50,000 sh (unchged)
Ruane Cunniff 16,471 sh (unchged)
First Eagle Investment 107,100 sh (unchged)
Chuck Royce 195,459 sh (unchged)
George Soros Sold Out
Paul Tudor Jones Sold Out
Columbia Wanger 4,324,224 sh (-4.21%)
Bruce Berkowitz 10,208,903 sh (-17.09%)
Third Avenue Management 1,363,555 sh (-17.53%)
Murray Stahl 1,195,479 sh (-23.09%)
Tweedy Browne 85,865 sh (-74.46%)
Jeremy Grantham 22,800 sh (-87.44%)
Fairholme Fund 8,614,115 sh (-18.34%)
» More
2015

LUK Guru Trades in 2015

Fairholme Fund 5,192,315 sh (-39.72%)
» More
» Details

Insider Trades

Latest Guru Trades with LUK

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Guru Investment Theses on Leucadia National Corp

Brandes Investment Trust Comments on Leucadia - Jan 06, 2016

Leucadia (NYSE:LUK) is a diversified holding company with interests in various businesses, ranging from investment banking, asset management, and commercial mortgage banking & servicing to beef processing and oil & gas exploration. Despite a market capitalization in excess of $5 billion, Leucadia has lacked coverage by Wall Street research analysts.



We believe Leucadia has a number of positive attributes. The company is conservatively capitalized and traded at less than its reported book value. Additionally, Leucadia has a history of being strategic and value oriented, and we appreciate that management’s significant ownership aligns its incentives with shareholder interests. These factors led us to conclude that the shares were trading at an attractive discount to our estimate of the company’s intrinsic value.



From the Brandes Global Equity Fund letter for the year ended Sept. 30, 2015.



Check out Charles Brandes latest stock trades

Bruce Berkowitz Comments on Leucadia National Corp - Feb 10, 2015

Leucadia (LUK) (3.6%) remains the Fund’s longest held position. Our estimate of intrinsic value remains above today’s market price. The company’s historical track record of compounding book value significantly faster than most S&P 500 constituents is partly the result of its willingness to initiate opportunistic investments during market panics, as evidenced by its recent rescue financing of Forex Capital Markets (FXCM) following the surprise Swiss franc surge.

Form Bruce Berkowitz (Trades, Portfolio)'s Fairholme Fund 2014 Annual Report and Investor Letter.

Check out Bruce Berkowitz latest stock trades

Top Ranked Articles about Leucadia National Corp

Brandes Investment Trust Comments on Leucadia Guru stock highlight
Leucadia (NYSE:LUK) is a diversified holding company with interests in various businesses, ranging from investment banking, asset management, and commercial mortgage banking & servicing to beef processing and oil & gas exploration. Despite a market capitalization in excess of $5 billion, Leucadia has lacked coverage by Wall Street research analysts.
Read more...
Fairholme Fund Sells Stake in American International Group Guru buys three new stakes, adds to two more in third quarter
In its investment decisions, Bruce Berkowitz (Trades, Portfolio)’s Fairholme Fund (Trades, Portfolio) often follows the motto of its founder to “ignore the crowd.” In the third quarter, though, the Fund was probably as likely to deal in stocks that are popular as stocks that are not. Read more...
Weekly Three-Year Low Highlights Baxter International, Leucadia National, Colfax, Rent-A-Center tumble
According to GuruFocus list of 3-year lows, Baxter International Inc. (NYSE:BAX), Leucadia National (NYSE:LUK) (Trades, Portfolio), Colfax Corp. (NYSE:CFX) and Rent-A-Center Inc. (NASDAQ:RCII) have all reached their three-year highs. Read more...
Bruce Berkowitz Reduces Positions in AIG, Leucadia National, Bank of America Founder of Fairholme Fund buys stake in National Oilwell Varco in second quarter
Bruce Berkowitz (Trades, Portfolio), founder of Fairholme Fund (Trades, Portfolio), gets his investment insights from Benjamin Graham’s “The Intelligent Investor.” He keeps a concentrated portfolio and prefers companies that have great management and undervalued stocks. In 2012 and 2013, Fairholme registered returns exceeding 35%. Read more...
Leucadia Sells Stake in INTL FCStone
Leucadia National Corp (NYSE:LUK), a New York-based investment company, is often called a “baby Berkshire Hathaway” (NYSE:BRK.A)(NYSE:BRK.B) for the extensive variety of its holdings for others – mining and drilling, telecommunications, healthcare, manufacturing, real estate and banking and lending, among others. Read more...
Two of Stahl's Fourth-Quarter Transactions May Be Instructive for Investors
Guru Murray Stahl (Trades, Portfolio) is chairman of Horizon Asset Management, Inc., which produced a 27 percent return in 2012 and a 36 percent return the year after that. Read more...
Bruce Berkowitz Comments on Leucadia National Corp
Leucadia (LUK) (3.6%) remains the Fund’s longest held position. Our estimate of intrinsic value remains above today’s market price. The company’s historical track record of compounding book value significantly faster than most S&P 500 constituents is partly the result of its willingness to initiate opportunistic investments during market panics, as evidenced by its recent rescue financing of Forex Capital Markets (FXCM) following the surprise Swiss franc surge. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 30.04
LUK's P/E(ttm) is ranked lower than
77% of the 635 Companies
in the Global Capital Markets industry.

( Industry Median: 16.84 vs. LUK: 30.04 )
Ranked among companies with meaningful P/E(ttm) only.
LUK' s P/E(ttm) Range Over the Past 10 Years
Min: 2.88  Med: 20.45 Max: 331.03
Current: 30.04
2.88
331.03
Forward P/E 17.42
LUK's Forward P/E is ranked lower than
75% of the 223 Companies
in the Global Capital Markets industry.

( Industry Median: 13.16 vs. LUK: 17.42 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 29.06
LUK's PE(NRI) is ranked lower than
73% of the 506 Companies
in the Global Capital Markets industry.

( Industry Median: 17.40 vs. LUK: 29.06 )
Ranked among companies with meaningful PE(NRI) only.
LUK' s PE(NRI) Range Over the Past 10 Years
Min: 2.92  Med: 20.28 Max: 480
Current: 29.06
2.92
480
P/B 0.58
LUK's P/B is ranked higher than
78% of the 770 Companies
in the Global Capital Markets industry.

( Industry Median: 1.22 vs. LUK: 0.58 )
Ranked among companies with meaningful P/B only.
LUK' s P/B Range Over the Past 10 Years
Min: 0.55  Med: 1.17 Max: 2.38
Current: 0.58
0.55
2.38
P/S 0.54
LUK's P/S is ranked higher than
89% of the 770 Companies
in the Global Capital Markets industry.

( Industry Median: 2.83 vs. LUK: 0.54 )
Ranked among companies with meaningful P/S only.
LUK' s P/S Range Over the Past 10 Years
Min: 0.54  Med: 4.59 Max: 16.38
Current: 0.54
0.54
16.38
Shiller P/E 17.84
LUK's Shiller P/E is ranked higher than
64% of the 106 Companies
in the Global Capital Markets industry.

( Industry Median: 21.32 vs. LUK: 17.84 )
Ranked among companies with meaningful Shiller P/E only.
LUK' s Shiller P/E Range Over the Past 10 Years
Min: 8.53  Med: 19.28 Max: 94.38
Current: 17.84
8.53
94.38
Current Ratio 1.31
LUK's Current Ratio is ranked lower than
72% of the 470 Companies
in the Global Capital Markets industry.

( Industry Median: 2.54 vs. LUK: 1.31 )
Ranked among companies with meaningful Current Ratio only.
LUK' s Current Ratio Range Over the Past 10 Years
Min: 0.83  Med: 1.54 Max: 5.11
Current: 1.31
0.83
5.11
Quick Ratio 1.30
LUK's Quick Ratio is ranked lower than
69% of the 470 Companies
in the Global Capital Markets industry.

( Industry Median: 2.32 vs. LUK: 1.30 )
Ranked among companies with meaningful Quick Ratio only.
LUK' s Quick Ratio Range Over the Past 10 Years
Min: 0.79  Med: 1.44 Max: 5.11
Current: 1.3
0.79
5.11
Days Inventory 18.73
LUK's Days Inventory is ranked higher than
58% of the 151 Companies
in the Global Capital Markets industry.

( Industry Median: 31.19 vs. LUK: 18.73 )
Ranked among companies with meaningful Days Inventory only.
LUK' s Days Inventory Range Over the Past 10 Years
Min: 17.9  Med: 27.88 Max: 250.52
Current: 18.73
17.9
250.52
Days Sales Outstanding 141.80
LUK's Days Sales Outstanding is ranked lower than
67% of the 335 Companies
in the Global Capital Markets industry.

( Industry Median: 52.28 vs. LUK: 141.80 )
Ranked among companies with meaningful Days Sales Outstanding only.
LUK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.26  Med: 56.08 Max: 414.39
Current: 141.8
0.26
414.39

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.56
LUK's Dividend Yield is ranked lower than
79% of the 530 Companies
in the Global Capital Markets industry.

( Industry Median: 3.29 vs. LUK: 1.56 )
Ranked among companies with meaningful Dividend Yield only.
LUK' s Dividend Yield Range Over the Past 10 Years
Min: 0.4  Med: 0.94 Max: 1.77
Current: 1.56
0.4
1.77
Dividend Payout 0.43
LUK's Dividend Payout is ranked higher than
60% of the 323 Companies
in the Global Capital Markets industry.

( Industry Median: 0.41 vs. LUK: 0.43 )
Ranked among companies with meaningful Dividend Payout only.
LUK' s Dividend Payout Range Over the Past 10 Years
Min: 0.04  Med: 0.44 Max: 16.6
Current: 0.43
0.04
16.6
Forward Dividend Yield 1.56
LUK's Forward Dividend Yield is ranked lower than
83% of the 462 Companies
in the Global Capital Markets industry.

( Industry Median: 3.38 vs. LUK: 1.56 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 1.55
LUK's Yield on cost (5-Year) is ranked lower than
79% of the 536 Companies
in the Global Capital Markets industry.

( Industry Median: 3.50 vs. LUK: 1.55 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
LUK' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 0.4  Med: 0.94 Max: 1.77
Current: 1.55
0.4
1.77
3-Year Average Share Buyback Ratio -15.10
LUK's 3-Year Average Share Buyback Ratio is ranked lower than
83% of the 316 Companies
in the Global Capital Markets industry.

( Industry Median: -1.70 vs. LUK: -15.10 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
LUK' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -15.1  Med: -2.80 Max: 4.2
Current: -15.1
-15.1
4.2

Valuation & Return

vs
industry
vs
history
Price/Net Current Asset Value 3.40
LUK's Price/Net Current Asset Value is ranked lower than
56% of the 422 Companies
in the Global Capital Markets industry.

( Industry Median: 2.66 vs. LUK: 3.40 )
Ranked among companies with meaningful Price/Net Current Asset Value only.
LUK' s Price/Net Current Asset Value Range Over the Past 10 Years
Min: 2.37  Med: 5.00 Max: 35.86
Current: 3.4
2.37
35.86
Price/Tangible Book 0.75
LUK's Price/Tangible Book is ranked higher than
70% of the 692 Companies
in the Global Capital Markets industry.

( Industry Median: 1.24 vs. LUK: 0.75 )
Ranked among companies with meaningful Price/Tangible Book only.
LUK' s Price/Tangible Book Range Over the Past 10 Years
Min: 0.9  Med: 1.35 Max: 2.24
Current: 0.75
0.9
2.24
Price/Projected FCF 1.34
LUK's Price/Projected FCF is ranked lower than
62% of the 318 Companies
in the Global Capital Markets industry.

( Industry Median: 1.01 vs. LUK: 1.34 )
Ranked among companies with meaningful Price/Projected FCF only.
LUK' s Price/Projected FCF Range Over the Past 10 Years
Min: 0.88  Med: 2.15 Max: 41.11
Current: 1.34
0.88
41.11
Price/Median PS Value 0.12
LUK's Price/Median PS Value is ranked higher than
97% of the 680 Companies
in the Global Capital Markets industry.

( Industry Median: 0.94 vs. LUK: 0.12 )
Ranked among companies with meaningful Price/Median PS Value only.
LUK' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.14  Med: 0.80 Max: 4.23
Current: 0.12
0.14
4.23
Price/Graham Number 0.97
LUK's Price/Graham Number is ranked higher than
54% of the 549 Companies
in the Global Capital Markets industry.

( Industry Median: 0.98 vs. LUK: 0.97 )
Ranked among companies with meaningful Price/Graham Number only.
LUK' s Price/Graham Number Range Over the Past 10 Years
Min: 0.37  Med: 1.00 Max: 4.9
Current: 0.97
0.37
4.9
Earnings Yield (Greenblatt) (%) -1.69
LUK's Earnings Yield (Greenblatt) (%) is ranked lower than
76% of the 604 Companies
in the Global Capital Markets industry.

( Industry Median: 4.10 vs. LUK: -1.69 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
LUK' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: -1.69  Med: 5.60 Max: 5271.6
Current: -1.69
-1.69
5271.6
Forward Rate of Return (Yacktman) (%) -6.55
LUK's Forward Rate of Return (Yacktman) (%) is ranked lower than
75% of the 165 Companies
in the Global Capital Markets industry.

( Industry Median: 10.88 vs. LUK: -6.55 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
LUK' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: -13.1  Med: -0.60 Max: 19.1
Current: -6.55
-13.1
19.1

More Statistics

Revenue(Mil) $11034
EPS $ 0.53
Beta0.95
Short Percentage of Float2.47%
52-Week Range $15.20 - 25.39
Shares Outstanding(Mil)362.34

Analyst Estimate

Dec15 Dec16
Revenue(Mil) 10,969 10,846
EPS($) 0.58 0.92
EPS without NRI($) 0.58 0.92

Business Description

Industry: Brokers & Exchanges » Capital Markets
Compare:SI, JSHLY, MSBHY, SVNDY, MITSY » details
Traded in other countries:LN3.Germany, LUK.Mexico,
Leucadia National Corp was organized in 1968. The Company through its subsidiaries is engaged in a variety of businesses, including investment banking and capital markets, beef processing, manufacturing, energy projects, asset management and real estate, other investments, which include Berkadia, Linkem and Garcadia. Its investment banking and capital markets segment consists of Jefferies, a full-service, integrated securities and investment banking firm. Its beef processing operations is conducted through its 78.9% ownership of National Beef Packing Company, LLC, one of the beef processing companies in the U.S. National Beef operates a wet blue tanning facility that sells processed hides to tanners that produce finished leather for the automotive, luxury goods, apparel and furniture industries. Its manufacturing operations are conducted through Idaho Timber, LLC and Conwed Plastics, LLC. Idaho Timber is engaged in the manufacture and/or distribution of various wood products, including remanufacturing dimension lumber; remanufacturing, bundling and bar coding of home center boards for retailers. The Company's reportable segments consist of its operating units, which offer different products and services and are managed separately. Jefferies is a full-service, integrated securities and investment banking firm. National Beef processes, packages and delivers fresh and frozen beef and beef by-products for sale to customers in the U.S. and international markets. The Company through its subsidiaries is organized across three geographical regions; the Americas; Europe, the Middle East, and Africa; and Asia Pacific. National Beef markets its products to national and regional retailers, including supermarket chains, independent grocers, club stores, wholesalers and distributors, food service providers and distributors, further processors and the United States military. The primary raw material for the processing plants is live cattle. Beef products compete with other protein sources, including pork and poultry, but National Beef's competition comes from other beef processors. Jefferies competes with the banking holding companies that engage in capital markets activities, but also with firms listed in the AMEX Securities Broker/Dealer Index, other brokers and dealers, and boutique investment banking firms.
» More Articles for LUK

Headlines

Articles On GuruFocus.com
Brandes Investment Trust Comments on Leucadia Jan 06 2016 
Brandes Global Equity Fund Annual Letter 2015 Jan 06 2016 
Berkowitz's 3rd-Quarter Reductions Have Big Impact on Portfolio Dec 29 2015 
Stocks With the Highest Dividend Yield in Berkowitz’s Portfolio Nov 24 2015 
Charles Brandes Buys Stakes in Emerson Electric, Johnson & Johnson Nov 09 2015 
Fairholme Fund Sells Stake in American International Group Oct 28 2015 
Ah the Joys of Theft Oct 21 2015 
Weekly Three-Year Low Highlights Oct 06 2015 
Bruce Berkowitz Reduces Positions in AIG, Leucadia National, Bank of America Sep 18 2015 
What to Buy If Oil Stays at $45 Aug 15 2015 

More From Other Websites
JEFFERIES CEO: A former US Navy SEAL made an incredible point to us about thinking like a 'tribe'... Feb 01 2016
Handler Forfeits Leucadia Shares After Jefferies Misses Targets Jan 22 2016
Leucadia National: A Uniquely Positioned Financial Institution? Jan 14 2016
Jefferies has made a big hire to its struggling fixed-income business Jan 13 2016
How it All Plays Out - Analyst Reports on American Eagle Outfitters, Janus Capital Group, SM Energy... Jan 12 2016
BUZZ-UK housebuilders: Jefferies tags as 2016 outperformers Jan 12 2016
What's Happening At FXCM? Dec 28 2015
Purchasing Power announces its first rated securitization issuance of $160M to support continued... Dec 18 2015
Nike (NKE) Stock Price Target Raised at Jefferies Dec 17 2015
Jefferies Said to Cut Up to 40 Positions in Hong Kong, China Dec 17 2015
Leucadia Unit Jefferies' Q4 Earnings & Revenues Rise Y/Y Dec 16 2015
PRIME FINANCE: A momentous chapter in monetary-policy history Dec 16 2015
[$$] Jefferies Trims Balance Sheet, Shuffles Ranks Amid Bond Market Turmoil Dec 16 2015
[$$] Jefferies Trims Balance Sheet, Shuffles Trading Ranks Dec 15 2015
Jefferies bond trading revenue tumbles in fiscal Q4 Dec 15 2015
Jefferies, Fun-House Mirrors and the Fed Dec 15 2015
Jefferies got hammered again ― and lost money trading on 23 out of 63 days last quarter Dec 15 2015
Leucadia Rallies as CEO Vows Return to Trading Profitability Dec 15 2015
Jefferies Upgrades Encana To Buy, Sees Execution On Horizon Dec 15 2015
Jefferies Pins Trading Slump On Fed Dithering, Energy Collapse Dec 15 2015

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK