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Lazard (NYSE:LAZ) Issues Quarterly Earnings Results

Lazard (NYSE:LAZ – Get Free Report) posted its earnings results on Thursday. The asset manager reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.31, Briefing.com reports. The firm had revenue of $825.70 million for the quarter, compared to analyst estimates of $666.56 million. Lazard had a positive return […]
United States Metlife Investment Management Goldman Sachs Group Tower Research Capital Wolfe Research Morgan Stanley

Lazard, Inc. (NYSE:LAZ) Plans $0.50 Quarterly Dividend

Lazard, Inc. (NYSE:LAZ – Get Free Report) declared a quarterly dividend on Thursday, February 1st, Wall Street Journal reports. Investors of record on Monday, February 12th will be paid a dividend of 0.50 per share by the asset manager on Friday, February 23rd. This represents a $2.00 dividend on an annualized basis and a dividend […]
United States Lazard Company Profile Metlife Investment Management Wolfe Research Lazard Inc Morgan Stanley

Analysis-US regional bank sell-off a cautionary sign of more pain to come

Investors lulled into thinking U.S. regional banks were out of the woods after ruptures last year have been given a jolt by New York Community Bank. The under-the-radar lender's earnings report sparked a sell-off in regional bank shares in a warning for investors that had grown inured to the sector's sensitivity to high Federal Reserve interest rates nearly a year after two banks failed. While NYCB's confluence of problems are unique to its balance sheet, elements of its earning...
White House District Of Columbia United States Sinead Carew Nupur Anand Thomas Cangemi
Source: yahoo.com

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