Jefferies & Co

Fashion Store Gap Are The Latest American Company Facing British Tax Questions

Morgan Stanley lowers Gap's stock to underweight

Morgan Stanley lowered Gap's stock to an "underweight" rating from "equal-weight", citing key weakness in the company's business. Analyst at Morgan Stanley fixed an objective price of $26 for Gap's stock, down 11% from the present level.

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Jesse Litvak

Federal jury convicts former Jefferies & Co Managing Director Jesse Litvak of criminal case related to TARP

Jesse Litvak, a former Jefferies & Co Managing Director, was convicted of defrauding buyers in a criminal case connected to the US government's Troubled Asset Relief Program, Bloomberg reported.

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Active Network

Active Network evaluates investment, buyout plan

Active Network said that its board was considering proposals to invest or purchase in the company.

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Carl Icahn

Jefferies Prepares Loans for Icahn's Dell bid

Jefferies & Co backed billionaire Carl Icahn's bid for the computer maker Dell Inc. with US$5.2 billion loan.

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