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Lazard Ltd (LAZ.N)

LAZ.N on New York Stock Exchange

33.53USD
14 Jun 2019
Change (% chg)

$-0.14 (-0.42%)
Prev Close
$33.67
Open
$33.69
Day's High
$33.69
Day's Low
$32.70
Volume
227,305
Avg. Vol
253,536
52-wk High
$54.64
52-wk Low
$31.07

Latest Key Developments (Source: Significant Developments)

Sempra Energy Names George Bilicic Group President
Monday, 13 May 2019 

May 13 (Reuters) - Sempra Energy ::SEMPRA ENERGY NAMES GEORGE W. BILICIC GROUP PRESIDENT.SEMPRA ENERGY - BILICIC IS CURRENTLY A VICE CHAIRMAN OF INVESTMENT BANKING WITH LAZARD LTD.  Full Article

Lazard Increases Quarterly Dividend To $0.47 Per Share
Wednesday, 24 Apr 2019 

April 24 (Reuters) - Lazard Ltd ::LAZARD INCREASES QUARTERLY DIVIDEND TO $0.47 PER SHARE.INCREASES QUARTERLY DIVIDEND BY 7 PERCENT TO $0.47PER SHARE.  Full Article

Lazard Says Alexander Stern Will Become Co's President
Wednesday, 3 Apr 2019 

April 3 (Reuters) - Lazard Ltd ::LAZARD ADDS TO LEADERSHIP TEAM.LAZARD - ALEXANDER STERN, CURRENTLY CEO OF FINANCIAL ADVISORY AND CHIEF OPERATING OFFICER OF LAZARD, WILL BECOME PRESIDENT OF LAZARD..LAZARD LTD - ALEXANDER F. STERN WILL BECOME PRESIDENT OF LAZARD.LAZARD LTD - PETER R. ORSZAG, CURRENTLY HEAD OF M&A, NORTH AMERICA, WILL BECOME CHIEF EXECUTIVE OFFICER OF FINANCIAL ADVISORY.LAZARD LTD - LEADERSHIP APPOINTMENTS ARE EFFECTIVE JUNE 1, 2019.  Full Article

Lazard Announces Commencement Of Senior Notes Offering
Tuesday, 5 Mar 2019 

March 5 (Reuters) - Lazard Ltd ::LAZARD ANNOUNCES COMMENCEMENT OF SENIOR NOTES OFFERING AND CONCURRENT TENDER OFFER BY LAZARD GROUP LLC.LAZARD LTD - INTENDS TO USE A PORTION OF NET PROCEEDS FROM OFFERING TO REPURCHASE OR REDEEM ANY AND ALL OF OUTSTANDING 2020 NOTES.  Full Article

Lazard Ltd Reports Full-Year And Fourth-Quarter 2018 Results
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - Lazard Ltd ::REPORTS FULL-YEAR AND FOURTH-QUARTER 2018 RESULTS.Q4 GAAP EARNINGS PER SHARE $0.89.Q4 REVENUE $685 MILLION VERSUS REFINITIV IBES ESTIMATE OF $666.7 MILLION.Q4 EARNINGS PER SHARE ESTIMATE $0.92 -- REFINITIV IBES DATA.Q4 ADJUSTED EARNINGS PER SHARE $0.94.FINANCIAL ADVISORY OPERATING REVENUE WAS $399 MILLION FOR Q4 OF 2018, 19% HIGHER THAN Q4 OF 2017.ON FEBRUARY 4, 2019, BOARD OF DIRECTORS AUTHORIZED ADDITIONAL SHARE REPURCHASES OF UP TO $300 MILLION.AUM AS OF DECEMBER 31, 2018 WAS $215 BILLION, DOWN 14% FROM DECEMBER 31, 2017.  Full Article

Lazard Declares Dividends Of $0.94 Per Share
Monday, 4 Feb 2019 

Feb 4 (Reuters) - Lazard Ltd ::LAZARD DECLARES DIVIDENDS OF $0.94 PER SHARE.BOARD VOTED TO DECLARE DIVIDENDS TOTALING $0.94/SHARE, MADE OF QTRLY DIVIDEND $0.44/SHARE, EXTRA CASH DIVIDEND $0.50/SHARE, ON CLASS A STOCK.  Full Article

Lazard Ltd says current M&A environment remains constructive - conf call
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Lazard Ltd ::LAZARD LTD - EXPECT AN ANNUAL EFFECTIVE TAX RATE FOR THIS YEAR IN THE LOW 20S - CONF CALL.LAZARD LTD - " EXPECT TO INCREASE OUR CAPITAL ALLOCATION TOWARDS SHARE REPURCHASES" - CONF CALL.LAZARD LTD - "MARKET VOLATILITY HAS BEEN A HEADWIND FOR OUR ASSET MANAGEMENT BUSINESS" - CEO ON CONF CALL.LAZARD LTD - PRESSURE ON ASSET MANAGEMENT FEES "IS LIKELY TO CONTINUE" - CONF CALL.LAZARD LTD - "CURRENT M&A ENVIRONMENT REMAINS CONSTRUCTIVE" - CONF CALL.LAZARD LTD - "WE EXPECT TO BE UTILIZING SHARE REPURCHASES OVER THE NEXT 3 TO 6 MONTHS IN A BIG WAY" - CONF CALL.LAZARD LTD - "NOT LIKELY TO SEE RESTRUCTURING ACTIVITY START TO PICK UP AGAIN" - CONF CALL.LAZARD - "MY GUESS IS WE WILL START TO SEE A PICKUP IN RESTRUCTURING ACTIVITY OVER THE NEXT 12 TO 18 MONTHS"- CEO ON CONF CALL.  Full Article

Lazard Ltd Q3 Adjusted Earnings Per Share $0.86
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Lazard Ltd ::REPORTS THIRD-QUARTER AND NINE-MONTH 2018 RESULTS.Q3 REVENUE $606 MILLION VERSUS I/B/E/S VIEW $652.8 MILLION.Q3 ADJUSTED EARNINGS PER SHARE $0.86 EXCLUDING ITEMS.Q3 GAAP EARNINGS PER SHARE $0.82.Q3 EARNINGS PER SHARE VIEW $0.93 -- THOMSON REUTERS I/B/E/S.AVERAGE ASSETS UNDER MANAGEMENT OF $240 BILLION IN Q3.QTRLY NET OUTFLOWS OF $288 MILLION.  Full Article

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

MOVES-Lazard hires former Goldman Sachs executive to lead Brazil ops

SAO PAULO, June 4 Lazard Ltd has hired former Goldman Sachs & Co head of investment banking in Brazil, Antonio Pereira as Chief Executive Officer of Lazard Brasil Investment Banking.