Leucadia National (LUK) Reports Q2 EPS of $0.11

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Leucadia National Corporation Announces Second Quarter 2015 Results

August 5, 2015 8:22 AM EDT

NEW YORK--(BUSINESS WIRE)-- Leucadia National Corporation (NYSE: LUK) today announced its financial results for the three and six month periods ended June 30, 2015. Adjusted net income attributable to Leucadia National Corporation common shareholders, which excludes the operating results of Jefferies' Bache business, was $42.3 million, or $0.11 per diluted share, for the second quarter, and $430.1 million, or $1.12 per diluted share, for the six months ended June 30, 2015. Including the results of the Bache business, net income attributable to Leucadia National Corporation common shareholders was $16.4 million, or $0.04 per diluted share, for the second quarter, and $397.2 million, or... More

OnDeck Announces Forward Purchase Agreement to Sell up to $500 Million of Marketplace Loans

August 3, 2015 4:01 PM EDT

NEW YORK, Aug. 3, 2015 /PRNewswire/ -- OnDeck® (NYSE: ONDK), a leading platform for small business lending, announced today that an affiliate of Jefferies Group LLC, the global investment banking firm, has entered into an amended forward purchase agreement giving Jefferies the ability to purchase up to $500 million in small business loans through OnDeck Marketplace® over the next 12 months.

OnDeck Marketplace is a platform that enables institutional investors to purchase small business loans originated by... More