Lazard Ltd Stock News

Lazard (LAZ) reported prelim AUM of ~$251.6B as of Feb.28, 2022; AUM includes market depreciation of $5.3B, net outflows of $2.1B and foreign exchange appreciation of $0.3B.Equity AUM…

Upgrades According to Janney Montgomery Scott, the prior rating for Wintrust Financial Corp (NASDAQ:WTFC) was changed from Neutral to Buy. Wintrust Finl earned $1.58 in the fourth quarter, compared to

Lazard (LAZ) stock slips 1.6% in premarket trading after Morgan Stanley analyst Manan Gosalla downgrades the financial stock to Equalweight from Overweight as geopolitical turmoil…

Longleaf Partners Fund, a Memphis-based fund under Southeastern Asset Management, published its “Longleaf Partners Small-Cap Fund” fourth quarter 2021 investor letter – a copy of which can be downloaded…

"Mad Money" host Jim Cramer rings the lightning round bell, which means he''s giving his answers to callers'' stock questions at rapid speed.

Lazard (LAZ) on Wednesday named Emilio Mahuad as CEO of the company''s Mexico financial advisory business, effective immediately. Mahuad joined Lazard (LAZ) from UBS, where he worked

LAKE FOREST, Ill. , Feb. 23, 2022 /PRNewswire/ -- Tenneco (NYSE: TEN ) announced today it has entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo (NYSE: APO ) (the "Apollo Funds") in an all-cash transaction with an enterprise valuation of approximately $7.1 billion , including debt. The purchase price of $20.00 per share represents a 100.4% premium over the Company''s closing share price of $9.98 on February 22, 2022 and a 71.6% premium over the Company''s unaffected 90-day VWAP. Upon completion of the transaction, Tenneco''s shares will no longer trade on the New York Stock Exchange, and Tenneco will become a private company. Tenneco will continue to operate under the Tenneco name and brand and maintain a global presence. "We are pleased to have reached this agreement with Apollo, which we believe will deliver immediate and certain cash value to Tenneco shareholders at a substantial premium," said Dennis Letham , Chairman of the Board of Tenneco. "The Board''s decision follows careful evaluation of the transaction and thoughtful and comprehensive review of value creation opportunities for Tenneco.

FRANKFURT (Reuters) – A former employee of investment bank Lazard was sentenced on Friday to an 18-month suspended jail term by a German court after being found guilty of insider trading, a court spokesman said.

Former Lazard banker found guilty of insider trading by German court

Lazard LTD. Lazard, LTD. with ticker code (LAZ) now have 8 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 62 and 43 calculating the average target price we see 53.75. Now with the previous closing price of 37.91 this is indicating there is a potential upside of 41.8%. There is a 50 day moving average of 43.09 and the 200 day moving average is 45.95. The market capitalisation for the company is $3,887m. Company Website: https://www.lazard.com [stock_market_widget type="chart" symbol="LAZ" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] The potential market cap would be $5,511m based on the market concensus. Lazard Ltd, together with its subsidiaries, operates as a financial advisory and asset management firm in North America, Europe, Asia, Australia, and Central and South America. Its Financial Advisory segment offers various financial advisory services regarding mergers and acquisitions, capital advisory, restructurings, shareholder advisory, sovereign advisory, capital raising, and other strategic advisory matters.

Lazard's (LAZ) January AUM is down 5.5% to $258.7 billion due to market depreciation, lower fixed income and weak equity asset balances.

Lazard's (LAZ) January AUM is down 5.5% to $258.7 billion due to market depreciation, lower fixed income and weak equity asset balances.

Franklin's (BEN) January AUM declines 3.6% sequentially to $1,521.8 billion due to the negative impacts of markets and flat long-term net flows. This will likely affect its financials.

Lazard (LAZ) reports prelim AUM of ~$258.7B as of Jan.31, 2022 compared to $273.7B as of Dec.31, 2021.The current month AUM included market depreciation of $9.5B, net outflows of $4.1B