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Lazard Ltd (LAZ.N)

LAZ.N on New York Stock Exchange

48.98USD
24 Sep 2018
Change (% chg)

$0.04 (+0.08%)
Prev Close
$48.94
Open
$48.86
Day's High
$49.09
Day's Low
$48.35
Volume
152,494
Avg. Vol
157,447
52-wk High
$60.00
52-wk Low
$43.05

Latest Key Developments (Source: Significant Developments)

Lazard Announces Commencement Of Senior Notes Offering And Concurrent Tender Offer By Lazard Group LLC
Wednesday, 12 Sep 2018 

Sept 12 (Reuters) - Lazard Ltd ::LAZARD ANNOUNCES COMMENCEMENT OF SENIOR NOTES OFFERING AND CONCURRENT TENDER OFFER BY LAZARD GROUP LLC.LAZARD LTD - LAZARD GROUP IS COMMENCING A CASH TENDER OFFER FOR UP TO $250 MILLION OF ITS OUTSTANDING 4.250% SENIOR NOTES DUE NOVEMBER 14, 2020.LAZARD LTD - INTENDS TO USE A PORTION OF NET PROCEEDS FROM OFFERING TO REPURCHASE OR REDEEM UP TO $250 MILLION 2020 NOTES.LAZARD LTD - TO ALSO USE A PORTION OF NET PROCEEDS TO PAY FEES AND EXPENSES RELATED TO FOREGOING.  Full Article

Henry Michaels Joins Lazard As A Senior Advisor
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Lazard Ltd ::HENRY MICHAELS JOINS LAZARD AS A SENIOR ADVISOR.LAZARD LTD - MICHAELS WAS PREVIOUSLY CO-HEAD OF RBC CAPITAL MARKETS U.S. FINANCIAL INSTITUTIONS GROUP.  Full Article

Lazard Asset Management Names Shen Tan As Managing Director In Hong Kong
Friday, 22 Jun 2018 

June 22 (Reuters) - Lazard Asset Management -:SHEN TAN JOINS LAZARD ASSET MANAGEMENT AS MANAGING DIRECTOR IN HONG KONG.IN PRIOR ROLE, TAN WAS MANAGING DIRECTOR AT CAPITAL GROUP, WHERE HE WAS RESPONSIBLE FOR ASIA EX-JAPAN INSTITUTIONAL BUSINESS.  Full Article

Lazard Q3 earnings per share $0.82
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Lazard Ltd :Lazard Ltd reports third-quarter and nine-month 2017 results.Q3 adjusted earnings per share $0.85 excluding items.Q3 GAAP earnings per share $0.82.Q3 earnings per share view $0.75 -- Thomson Reuters I/B/E/S.Lazard Ltd qtrly ‍financial advisory operating revenue was $306 million for Q3 of 2017, 11 pct lower than Q3 of 2016​.Lazard Ltd qtrly ‍ strategic advisory operating revenue was $253 million for Q3 of 2017, 13 pct lower than Q3 of 2016​.Lazard ltd - ‍ asset management operating revenue was a quarterly record of $315 million for Q3 of 2017, 19 pct higher than Q3 of 2016​.Lazard Ltd - ‍AUM as of September 30, 2017, was a record $238 billion, up 16 pct from september 30, 2016, and up 6 pct from June 30, 2017​.Lazard Ltd qtrly ‍ net inflows of $15 million​.Lazard ltd - operating revenue was $627 million for q3 of 2017, up 3 pct​.  Full Article

Lazard acquires remaining stake in MBA Lazard
Tuesday, 25 Oct 2016 

Lazard Ltd : Lazard acquires remaining 50% stake in mba lazard, fully integrating its latin american operations . Lazard ltd says alejandro reynal, founder and former chairman of mba lazard, will become a senior advisor to lazard . Lazard ltd - matias eliaschev, former mba lazard managing partner, has been named ceo, lazard latin america ex brazil and mexico investment banking .Lazard ltd - acquisition of remaining 50 percent of mba lazard, its financial advisory business in latin america outside brazil and mexico.  Full Article

UPDATE 1-PJT Partners to buy CamberView as activism defense heats up

BOSTON, Aug 28 Advisory firm CamberView Partners agreed to sell itself to boutique investment bank PJT Partners Inc on Tuesday in a deal that comes as public companies seek help defending against activist investors demanding corporate changes.