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Lazard Ltd (LAZ.N)

LAZ.N on New York Stock Exchange

36.98USD
14 Nov 2018
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Latest Key Developments (Source: Significant Developments)

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

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

ICR hires Park from Dimensional to help advise corporate boards

BOSTON Financial public relations firm ICR will announce on Thursday that it launched a business to advise corporate boards on governance matters and hired fund industry veteran Lyndon Park to lead it, CEO Tom Ryan said on Wednesday.