International Business News - Lazard http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Investment bank Lazard Ltd. is acquiring asset management equity units it shed before its initial public offering as part of a $240 million cash-and-stock deal that will simplify its capital structure. http://www.ibtimes.com/articles/20080814/lazard-buys-out-asset-management-units-for-240m.htm Thu, 14 Aug 2008 20:06:26 EDT Investment bank Lazard Ltd. on Wednesday reported its second-quarter profit rose 5 percent, driven by higher advisory and asset-management fees. Profit rose to $64.6 million, or 54 cents per share, compared with $61.5 million, or 52 cents per share, a year earlier. These figures assume the future conversion of ownership interests received by Lazard's senior management when the company went public in late 2005. http://www.ibtimes.com/articles/20080730/lazard-2nd-quarter-profit-rises-5-percent.htm Wed, 30 Jul 2008 09:38:01 EDT Shares of Lazard Ltd. fell Tuesday after the investment bank reported a 70 percent drop in first-quarter earnings, due to a decline in financial advisory revenue and investment losses. http://www.ibtimes.com/articles/20080506/lazard-shares-fall-on-disappointing-1st-quarter-earnings.htm Tue, 06 May 2008 14:26:37 EDT Investment bank Lazard Ltd. said Tuesday first-quarter earnings fell 70 percent due to a decline in financial advisory revenue and losses tied to its Paris bank's portfolio. http://www.ibtimes.com/articles/20080506/lazard-earnings-fall-on-declining-revenue-investment-losses.htm Tue, 06 May 2008 09:25:24 EDT Lazard Ltd., a financial advisory and investment management firm, on Monday named Michael Grayer as managing director and head of its London debt advisory operations. Grayer previously served as a m... http://www.ibtimes.com/articles/20080414/lazard-names-grayer-to-debt-advisory-job.htm Mon, 14 Apr 2008 06:33:26 EDT Lazard Ltd., a financial advisory and investment management firm, said Tuesday its board of directors approved an additional share repurchase plan of $100 million. http://www.ibtimes.com/articles/20080226/lazard-to-buy-back-100-million-in-stock.htm Tue, 26 Feb 2008 10:08:11 EST Sun-Times Media Group Inc., parent of the Chicago Sun-Times, said Friday it has retained Lazard Ltd. to help evaluate a potential sale of the company and other strategic options to increase shareholder value. http://www.ibtimes.com/articles/20080215/sun-times-media-retains-lazard.htm Fri, 15 Feb 2008 12:55:45 EST Lazard Ltd. named Tetsuya Kawano chairman of the company's Japanese investment banking business on Tuesday. Lazard hired Kawano, 49, from JPMorgan's Asia Pacific business, where he was vice chairman. http://www.ibtimes.com/articles/20080212/lazard-picks-chairman-of-japan-business.htm Tue, 12 Feb 2008 16:28:44 EST Financial advisory firm Lazard Ltd. said Wednesday it has reached a new five-year agreement with its chairman and chief executive, Bruce Wasserstein. The new contract keeps Wasserstein at Lazard through the end of 2012. http://www.ibtimes.com/articles/20080130/lazard-extends-ceos-contract.htm Wed, 30 Jan 2008 08:09:32 EST Financial advisory firm Lazard Ltd. said Wednesday its fourth-quarter earnings rose 62 percent due to growth in merger and acquisition advisory and asset management fees. http://www.ibtimes.com/articles/20080130/lazard-4q-earnings-rise-62-percent.htm Wed, 30 Jan 2008 08:04:58 EST Lazard Ltd. said Tuesday its board raised its quarterly dividend by a penny, or 11 percent, to 10 cents. The investment bank said the dividend is payable on Feb. 29 to shareholders of record as of Feb. 8. http://www.ibtimes.com/articles/20080130/lazard-lifts-quarterly-dividend.htm Wed, 30 Jan 2008 06:31:45 EST