More on Jefferies (JEF): FQ2 investment banking revenue of $297M vs. $328M a year ago. Fixed income net revenue of $293M vs. $223M a year ago. Compensation expense $423.5M vs. $432M a year ago. Tangible common BV/share of $14.36 vs. $14.10 a year ago. The beleaguered shares are seeing a lift, +2.6% premarket.