Lazard Ltd
News and overview for Lazard Ltd
Lazard's Wasserstein hospitalized for heartbeat - MarketWatch
MarketWatch | 43 days 10 hours 40 minutes ago
LAZ
Lazard shares drop after news of CEO's death
Yahoo! | 40 days 2 hours ago
NEW YORK (Reuters) – Shares of Lazard Ltd (LAZ.N) dropped more than 4 percent to $41 at the start of New York Stock Exchange trade on Thursday following news that its chief executive, Bruce Wasserstein, the legendary Wall Street deal maker, had died at the age of 61.
Monday's biggest gaining and declining stocks - MarketWatch
MarketWatch | 43 days 4 hours 37 minutes ago
The Nobel commmittee issued a vote of confidence in America when it handed Barack Obama the Peace Prize.
Lazard won't announce new CEO next week
Forbes | 34 days 21 hours 35 minutes ago
NEW YORK -- Lazard Ltd. said Tuesday it won't make a decision on the successor to its late CEO Bruce Wasserstein at next week's board meeting.
Simon Property looks at buying assets from General Growth
Real Estate Investment SmartBrief | 6 days 10 hours 47 minutes ago
...Growth Properties. General Growth filed for bankruptcy in April. To help it with potential deals, Simon has employed Lazard Ltd., and Wachtell, Lipton, Rosen & Katz. "It's not surprising," said James Sullivan, an analyst with Green Street...
Lazard says CEO Wasserstein hospitalized
Forbes | 43 days 15 hours 7 minutes ago
NEW YORK (Reuters) - Investment bank Lazard Ltd said Sunday that Chairman and Chief Executive Bruce Wasserstein, a legendary dealmaker, had been hospitalized for an irregular heartbeat. Wasserstein's condition is serious, but he is stable and recovering, Lazard said, adding that it will not be providing updates at this time.
Blackstone leads sector higher on word of IPOs - MarketWatch
MarketWatch | 43 days 2 hours 50 minutes ago
Blackstone shares rose about 8% in morning trade.
Thursday's biggest gaining and declining stocks - MarketWatch
MarketWatch | 40 days 4 hours 53 minutes ago
The health of big business -- and the rebound in the stock market -- may be blinding us to just how weak the rest of the economy is.
RPT-Lazard says CEO Wasserstein hospitalized
Forbes | 43 days 15 hours 7 minutes ago
(Repeats to add "UPDATE 1" to headline) NEW YORK (Reuters) - Investment bank Lazard Ltd ( LAZ - news - people ) said Sunday that Chairman and Chief Executive Bruce Wasserstein, a legendary dealmaker, had been hospitalized for an irregular heartbeat.
The Stock Alarm Issues Morning Alert On Companies That May Have Unusual Moves: Acorda Therapeutics Inc., Cit Group Inc., Lazard Ltd. and WD-40 Co. [Press Release]
MarketWire | 39 days 23 hours 2 minutes ago
LAS VEGAS, NEVADA -- (Marketwire) -- 10/15/09 -- The Stock Alarm, a premier micro cap research firm provides the right stock picks, at the right time - directly delivered into your inbox.
Bruce Wasserstein: Deal-maker who restored Lazard to Wall Street's top table
Independent (London), The | 37 days 23 hours 30 minutes ago
Home > News > Obituaries
Simon reportedly mulls General Growth bid - MarketWatch
MarketWatch | 6 days 53 minutes ago
Gold futures soar to record above $1,150/oz
Wasserstein death comes as Kraft works on key deal
Chicago Tribune | 39 days 23 hours 15 minutes ago
The death of Wall Street legend Bruce Wasserstein comes at a critical time for Northfield-based Kraft Foods in its effort to purchase Cadbury PLC, as Wasserstein's firm is playing a key role in assembling any deal.
Lazard names Kenneth Jacobs as CEO
Reuters | 7 days 21 minutes ago
NEW YORK (Reuters) - Lazard Ltd on Tuesday named insider Kenneth Jacobs as CEO and chairman, succeeding legendary Wall Street dealmaker Bruce Wasserstein, who died last month.
Credit Suisse/Tremont Hedge Fund Index Finishes Relatively Flat in October, Up 0.13% for the Month and 15.11% Year-to-Date [Press Release]
PRNewswire | 4 days 17 hours 4 minutes ago
NEW YORK, Nov. 19 /PRNewswire/ --
Company Overview
| Company: | Lazard Ltd |
|---|---|
| Industry: | Large-Market Investment Banking |
| Website: | http://www.lazard.com |
It's all for one and one for all at Lazard. The venerable firm (dating back to 1848 New Orleans) offers financial advisory (some 60% of sales) and asset management services from offices in some two dozen countries. Lazard provides advice in corporate restructurings and mergers & acquisitions. Industry specialties include consumer, health care, energy, real estate, media, and telecom. Its asset management operations have about $134 billion in assets under management. Lazard provides investment management to primarily institutional clients. Subsidiaries include private equity firm Fonds Partenaires-Gestion, which invests in French companies, and Lazard Frères Banque, which manages Lazard's commercial positions.
Key Numbers
| Sales in U.S. Dollars (mil.) | 1,557.2 (2008) |
|---|---|
| One-year % Growth in Sales | -18.8 (2008) |
| Net Income in U.S. Dollars (mil.) | 3.1 (2008) |
| One-year % Growth in Net Income | -98.0 (2008) |
| Number of Employees | 2,434 (2008) |
| One-year % Growth in Number of Employees | 231.2 (2008) |
| Fiscal Year-End | December |