FOR IMMEDIATE DISTRIBUTION
Jefferies received two equity research analyst awards in The Wall Street Journal "Best on the Street" 2010 Analyst Survey. These rankings were calculated based on estimated total return, including price changes and dividends, of each eligible stock an analyst covered in an industry, as well as the number of stocks the analyst covered within that industry.
Jefferies also received a total of eight equity research analyst awards in The Financial Times / StarMine annual analyst awards survey for the United States and Europe. The awards recognized the top ten stock pickers and earnings estimators based on the returns of their buy/sell recommendations and the accuracy of their earnings estimates for more than 60 industries during calendar year 2009.
Additionally, Jefferies received a total of ten equity research awards in the Forbes / Zacks Investment Research Best Brokerage Analyst survey. The survey ranks security analysts on their stock-picking skills over the three calendar years ended March 31, 2010, and separately ranks the same analysts on their earnings-per-share forecasting accuracy, by company, for the three most recent fiscal years available prior to publication of these analyst rankings. For each analyst, the survey calculates a composite rank based on the rank for recommending stocks and the rank for predicting earnings.
"We are very pleased that Jefferies' leading equity research coverage continues to gain recognition," commented Steven R. Black, Global Head of Equity Research at Jefferies. "Our firm remains committed to offering objective investment ideas and independent insight. We congratulate our entire research team for excellence in their areas of coverage."
Jefferies and its affiliates have more than 180 equity and leveraged finance research professionals in the US and Europe covering over 1,300 companies in the areas of aerospace & defense, clean technology, consumer, energy, financial services, gaming & leisure, healthcare, industrials, maritime, media & entertainment, real estate, technology, telecommunications and utilities.
The Wall Street Journal awards won by Jefferies' equity research analysts this year include:
- Debra Bromberg - #2 in Utilities
- Howard Rubel - #3 in Aerospace & Defense
US Industries:
- Paul Fremont - #1 Industry Estimator in the Electric Utilities Industry
- Douglas Lane - #1 Industry Estimator in the Personal Products Industry
- Paul Fremont - #2 Industry Stock Picker in the Independent Power Producers & Energy Traders Industry
- Stephen Gengaro - #2 Industry Stock Picker in the Energy Equipment & Services Industry
- Scott Mushkin - #3 Industry Estimator in the Food & Staples Retailing Industry
- Howard Rubel - #3 Industry Estimator in the Aerospace & Defense Industry
- Milan Radia - #1 Industry Estimator in the Software & Internet Services Industry
- Anthony de Larrinaga - #2 Industry Estimator in the Media Industry
- Scott Mushkin - #2 in Food and Drug Retailers, Wholesalers
- Stephen Gengaro - #2 in Aerospace & Defense
- Omotayo Okusanya - #2 in Real Estate
- Randal Konik - #2 in Nonfood Retailers & Wholesalers
- Bruce Cranna - #3 in Medical Products
- Yvonne Varano - #3 in Industrial Services
- Michael Dudas - #4 in Coal
- David Windley - #5 in Medical Care
- Laurence Alexander - #5 in Chemicals & Fertilizer
- Judson Bailey - #5 in Aerospace & Defense
Jefferies, a global securities and investment banking firm, has served companies and their investors for more than 48 years. Jefferies & Company, Inc. is the principal US operating subsidiary of Jefferies Group, Inc. (NYSE: JEF: www.jefferies.com), and Jefferies International Limited is the principal UK operating subsidiary. Jefferies International Limited, a UKincorporated company, is authorised and regulated by the UK Financial Services Authority.
For further information, please contact:
Tom Tarrant, Jefferies 203 708 5989, ttarrant@jefferies.com
Desiree Maghoo, Jefferies 44 20 7029 8085, dmaghoo@jefferies.com
Josh Passman, CJP Communications, 212 279 3115, x203, jpassman@cjpcom.com
