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Lazard Ltd (LAZ.N)

LAZ.N on New York Stock Exchange

34.23USD
26 Jun 2019
Change (% chg)

$0.33 (+0.97%)
Prev Close
$33.90
Open
$34.05
Day's High
$34.45
Day's Low
$33.89
Volume
123,702
Avg. Vol
255,689
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 06:50am EDT 

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 04:30pm EDT 

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 06:49am EDT 

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 08:45am EST 

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 06:49am EST 

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 04:43pm EST 

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 10:34am EDT 

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 06:49am EDT 

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 09:10am EDT 

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 06:49am EDT 

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

UPDATE 1-MOVES-Lalo leaves Lazard

LONDON, June 20 (IFR) - Sovereign advisory expert Eric Lalo has stepped down after 30 years at Lazard, resigning from his position as managing director at the end of March and deciding on future plans after summer.