Key Developments: Lazard Ltd (LAZ)
33.75USD
23 May 2013
$-0.18 (-0.53%)
$33.93
$33.59
$33.93
$33.05
507,186
782,648
$38.35
$22.21
Latest Key Developments (Source: Significant Developments)
Lazard Ltd Declares Special Dividend And Accelerates Payment of Quarterly Dividend
Lazard Ltd announced that Board of Directors has voted to declare a special dividend of $0.20 per share on its outstanding Class A common stock. The special dividend is payable on December 27, 2012, to stockholders of record on December 21, 2012. The Board of Directors has also voted to accelerate the payment and record dates of Lazard's next regular quarterly dividend of $0.20 per share on its outstanding Class A common stock, which ordinarily would have been payable in February 2013. The accelerated dividend is payable on December 27, 2012, to stockholders of record on December 21, 2012. Full Article
Lazard Ltd Sets $125 Million Cost Cutting Program-Reuters
Reuters reported that Lazard Ltd plans to cut $125 million in costs each year, mainly through staff reductions, the investment bank said, as it works to meet an aggressive profit goal in a weak market for its financial advisory services. Lazard announced the cost-cutting target - which represents 7.8% of its operating expenses last year - as it reported a sharp decline in third-quarter earnings. Its shares rose more than 4%. Full Article
Lazard Ltd Declares Quarterly Dividend
Lazard Ltd announced that its Board of Directors has voted to declare a quarterly dividend of $0.20 per share on its outstanding Class A common stock. The dividend is payable on November 23, 2012, to stockholders of record on November 5, 2012. Full Article
Lazard Ltd Declares Quarterly Dividend
Lazard Ltd announced that its board of directors has voted to declare a quarterly dividend of $0.20 per share on its outstanding Class A common stock. The dividend is payable on August 24, 2012, to stockholders of record on August 6, 2012. Full Article
Lazard Ltd. Declares Quarterly Dividend
Lazard Ltd. announced that its Board of Directors has voted to increase the quarterly dividend on its outstanding Class A common stock by 25% to $0.20 per share. The dividend is payable on May 25, 2012, to stockholders of record on May 4, 2012. Full Article
Lazard Ltd. Declares Quarterly Dividend
Lazard Ltd. announced that its Board of Directors has voted to declare a quarterly dividend of $0.16 per share on its outstanding Class A common stock. The dividend is payable on February 24, 2012, to stockholders of record on February 6, 2012. Full Article
Lazard Ltd. Declares Quarterly Dividend
Lazard Ltd. announced that its Board of Directors has voted to declare a quarterly dividend of $0.16 per share on its outstanding Class A common stock. The dividend is payable on November 25, 2011, to stockholders of record on November 7, 2011. Full Article
Lazard Ltd. Declares Quarterly Dividend
Lazard Ltd. announced that its Board of Directors has voted to declare a quarterly dividend of $0.16 per share on its outstanding Class A common stock. The dividend is payable on August 26, 2011, to stockholders of record on August 8, 2011. Full Article
Sun Capital looking to sell Emerald chemicals business -sources
NEW YORK, May 16 - Private equity firm Sun Capital Partners is exploring the sale of Emerald Performance Materials, a specialty chemicals company that could be worth more than $700 million, according to four sources familiar with the matter.
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