Edition:
India

Lazard Ltd (LAZ.N)

LAZ.N on New York Stock Exchange

55.02USD
18 May 2018
Change (% chg)

$-1.03 (-1.84%)
Prev Close
$56.05
Open
$56.13
Day's High
$56.13
Day's Low
$54.77
Volume
92,254
Avg. Vol
223,154
52-wk High
$60.00
52-wk Low
$40.50

Latest Key Developments (Source: Significant Developments)

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

Lazard Q2 adjusted earnings per share $0.61
Thursday, 28 Jul 2016 

Lazard Ltd : Reports second-quarter and first-half 2016 results . Q2 adjusted earnings per share $0.61 . Q2 earnings per share view $0.58 -- Thomson Reuters I/B/E/S . Lazard Ltd reports second-quarter and first-half 2016 results . Q2 gaap earnings per share $0.61 . Q2 revenue $542 million . Says assets under management of $192 billion as of June 30, 2016, down 6% from june 30, 2015, and up 1% from March 31, 2016 .Q2 revenue view $545.7 million -- Thomson Reuters I/B/E/S.  Full Article

Lazard Asset Management announces expansion of multi asset offerings
Tuesday, 7 Jun 2016 

Lazard Ltd :Announced expansion of multi asset offerings with launch of Lazard global dynamic multi asset portfolio.  Full Article

Elliott Management makes unsolicited bid for Athenahealth

Elliott Management has proposed an all cash offer of $160 per share for Athenahealth Inc that would value the healthcare software maker at about $6.9 billion including debt, the hedge fund said in a letter Monday.