Lazard Ltd

News and overview for Lazard Ltd

Lazard Names Kenneth M. Jacobs Chairman and Chief Executive Officer [Press Release]
Business Wire | 5 days 22 hours 30 minutes ago
Lazard Ltd (NYSE: LAZ) today announced that its Board of Directors has appointed Kenneth M. Jacobs, age 51, as Chairman of the Board of Directors and Chief Executive Officer, effective immediately. Mr. Jacobs, formerly Chief Executive Officer of Lazard North America, succeeds Lazard Chairman and CEO Bruce Wasserstein, age 61, who passed away October 14, 2009.


Lazard Ltd Reports Third-Quarter and Nine-Month 2009 Results [Press Release]
Business Wire | 26 days 30 minutes ago
Lazard Ltd (NYSE: LAZ) today announced financial results for the third quarter and first nine months ended September 30, 2009. Net income(c) on a fully exchanged basis was $52.5 million, or $0.41 per share (diluted), for the third quarter of 2009, compared to $54.8 million, or $0.44 per share (diluted), for the third quarter of 2008, and compared to $43.1 million, or $0.34 per share (diluted), for the second quarter of 2009. Net income on a fully exchanged basis was $65.9 million, or $0.53 pe...


Michael J. Castellano, Chief Financial Officer, Lazard, to Present at the Bank of America Merrill Lynch Banking & Financial Services Conference on November 11, 2009 [Press Release]
Business Wire | 13 days 21 hours 30 minutes ago
Michael J. Castellano, Chief Financial Officer of Lazard Ltd (NYSE: LAZ), is scheduled to deliver a presentation at the Bank of America Merrill Lynch Banking & Financial Services Conference on Wednesday, November 11, 2009, at 8:00 a.m. EST.


Michael J. Castellano, Chief Financial Officer, Lazard, to Present at Keefe, Bruyette & Woods 2009 Securities Brokerage & Market Structure Conference on November 5, 2009 [Press Release]
Business Wire | 20 days 13 hours 37 minutes ago
Michael J. Castellano, Chief Financial Officer of Lazard Ltd (NYSE: LAZ), is scheduled to deliver a presentation at the Keefe, Bruyette & Woods 2009 Securities Brokerage & Market Structure Conference on Thursday, November 5, 2009, at 8:45 a.m. EST.


Lazard to Announce Third-Quarter and Nine-Month 2009 Results [Press Release]
Business Wire | 37 days 22 hours 30 minutes ago
Lazard Ltd (NYSE: LAZ) will announce its third-quarter and nine-month 2009 results in a news release to be issued before the opening of The New York Stock Exchange on Wednesday, October 28, 2009.


Lazard Global Total Return & Income Fund Declares Monthly Dividend [Press Release]
Business Wire | 4 days 18 hours 8 minutes ago
The Board of Directors of Lazard Global Total Return & Income Fund, Inc. (the “Fund”) (NYSE:LGI) has authorized the Fund to declare today, pursuant to a level distribution policy, a monthly distribution of $0.07594 per share on the Fund’s outstanding common stock. The distribution is payable on December 23, 2009 to shareholders of record on December 11, 2009. The ex-dividend date is December 9, 2009. Based on currently available information, it is estimated that a significant portion of this ...


Lazard World Dividend & Income Fund Declares Monthly Distribution [Press Release]
Business Wire | 4 days 17 hours 53 minutes ago
The Board of Directors of Lazard World Dividend & Income Fund, Inc. (the "Fund") (NYSE:LOR) has authorized the Fund to declare today a monthly distribution of $0.0467 per share on the Fund’s outstanding common stock. The distribution is payable on December 23, 2009 to shareholders of record on December 11, 2009. The ex-dividend date is December 9, 2009. Based on currently available information, it is estimated that a significant portion of this distribution will constitute a return of capital.


Lazard Chairman & CEO Bruce Wasserstein, Age 61, Dies [Press Release]
Business Wire | 39 days 14 hours 15 minutes ago
Bruce Wasserstein, Chairman and CEO of Lazard Ltd (NYSE: LAZ), has passed away at the age of 61. Mr. Wasserstein had been hospitalized in serious condition for an irregular heartbeat. The exact cause of death has not yet been determined.


Statement from Lazard [Press Release]
Business Wire | 42 days 11 hours 4 minutes ago
Bruce Wasserstein, Chairman and CEO of Lazard Ltd (NYSE: LAZ), has been hospitalized for an irregular heartbeat. His condition is serious, but he is stable and recovering. We will not be providing updates at this time.


Lazard Declares Quarterly Dividend [Press Release]
Business Wire | 26 days 15 hours 30 minutes ago
Lazard Ltd (NYSE: LAZ) today announced that its Board of Directors has voted to declare a quarterly dividend of $0.125 per share on its outstanding Class A common stock. The dividend is payable on November 27, 2009, to stockholders of record on November 6, 2009.


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 | 38 days 17 hours 45 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.


Wolf Haldenstein Adler Freeman & Herz LLP Commences Class Action Lawsuit on Behalf of RH Donnelley Investors [Press Release]
Business Wire | 6 days 18 hours 59 minutes ago
On November 13, 2009, Wolf Haldenstein Adler Freeman & Herz LLP filed a class action lawsuit in the United States District Court, District of Delaware, on behalf of all persons who purchased the publicly traded securities of RH Donnelley (“RH Donnelley” or the “Company”) [OTC: RHDCQ.PK] between July 26, 2007 and May 28, 2009 against certain officers and directors of RH Donnelley pursuant to §§10(b) and 20(a) of the 1934 Act and SEC Rule 10b-5 (the “Class”).


GKN PLC - Directorate Change [Press Release]
PRNewswire | 111 days 23 hours 58 minutes ago
GKN Board Appointment


ReneSola Announces Follow-on Public Offering of 14,400,000 American Depositary Shares [Press Release]
PRNewswire | 61 days 28 minutes ago
JIASHAN, China, Sept. 23 /PRNewswire-Asia-FirstCall/ -- ReneSola Ltd ("ReneSola" or the "Company")





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23 Results

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