Lazard Inc

Lazard Inc

LAZ - NEW YORK STOCK EXCHANGE, INC.

Industry: Financial Services

Market Cap: 4.5 B

IPO Date: May 5, 2005

Country: US

Currency: USD

Shares Outstanding: 94.2 M

Exclusive-Wells Fargo hires Paterson from Citi for activism defense

6/25/2025

NEW YORK (Reuters) -Wells Fargo has hired a senior banker from Citigroup to lead its activism defense practice, as corporations scramble to build out business units to help clients facing pressure from activist investors. The bank confirmed to Reuters that it is bringing on Muir Paterson as a managing director and head of shareholder advisory and defense from Citigroup where he was a managing director and global head of shareholder advisory and defense. Wells has been looking for a senior banker to head its activism defense practice for months, sources contacted about the role said.

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Bill Gates-backed Airloom begins building its first power plant

6/25/2025

Airloom takes that classic turbine concept and deconstructs it. To prove that it can generate as much power as conventional wind turbines, Airloom broke ground on its pilot site northwest of Laramie, Wyoming, on Wednesday.

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Lazard's Temple Says It's Too Risky to Chase Stocks Now

6/23/2025

Lazard Chief Market Strategist Ron Temple says it is too risk to chase stocks either positively or negatively right now amid the geopolitical tensions. He speaks on Bloomberg Open Interest....

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Source: Finnhub

Renewable energy remains cheapest power builds as new gas plants get pricier

6/16/2025

NEW YORK (Reuters) -Renewable power like solar and onshore wind is the least expensive and quickest power generation source to deploy in the United States, even without government subsidies, Lazard said in a report on Monday. The cost to build new gas-fired power plants, meanwhile, has hit a 10-year high amidst the country's record electricity use and growing backlogs for turbines and other equipment needed to construct the plants, Lazard, a global financial services firm, said in its annual Levelized Cost of Energy+ analysis. As U.S. electricity use rises from the expansion energy-intensive data centers and the electrification of industries like transportation, many new power plants will need to be built to meet the rising demand after a nearly 20-year lull.

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Lazard Releases 2025 Levelized Cost of Energy+ Report

6/16/2025

NEW YORK, June 16, 2025--Lazard Inc. (NYSE: LAZ) is proud to announce the release of the 18th edition of its Levelized Cost of Energy+ (LCOE+) report, a widely-cited, annual analysis that provides insights into the cost competitiveness of various energy generation technologies. The report explores key aspects of energy generation, energy storage, and system-level considerations while reflecting on developments over the past 12 months.

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Lennar earnings, retail sales, Fed meeting: What to Watch

6/13/2025

Market Domination Overtime host Julie Hyman previews the top market stories and headlines Wall Street will be paying attention to throughout next week, including corporate earnings out from companies like homebuilder Lennar (LEN) and firearm manufacturer Smith & Wesson (SWBI), the latest economic data in the form of retail sales and home builder confidence, and the Federal Reserve kicking off its June FOMC meeting on Tuesday, June 17. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.

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Invesco's May AUM Climbs 5.6% on Strong Markets, Shares Up 1.8%

6/12/2025

IVZ's AUM increases 5.6% in May to $1.94 trillion on strong market returns and inflows, lifting shares by 1.8%.

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Lazard Reports 1.7% Sequential AUM Growth in May on Market Gains

6/11/2025

LAZ posts 1.7% AUM growth in May to $235.3 billion, lifted by upbeat markets despite $3.7 billion in net outflows and a $4.3 billion client withdrawal.

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Lazard : Asset Under Management Monthly Report (Reported AUM May 2025)

6/10/2025

LAZARD REPORTS MAY 2025 ASSETS UNDER MANAGEMENT NEW YORK, June 10, 2025 - Lazard, Inc. reported today that its preliminary assets under management as of May 31, 2025 totaled...

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Lazard Reports May 2025 Assets Under Management

6/10/2025

NEW YORK, June 10, 2025--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management ("AUM") as of May 31, 2025 totaled approximately $235.3 billion. The month’s AUM included market appreciation of $7.4 billion, net outflows of $3.7 billion, and FX appreciation of $0.2 billion. Outflows included $4.3 billion from a single sub-advised relationship.

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Transcript : Lazard, Inc. Presents at Morgan Stanley US Financials, Payments & CRE Conference 2025, Jun-10-2025 09

6/10/2025

Presenter SpeechUnknown Analyst All right. So we're pleased to have with us Peter Orszag, CEO and Chairman of Lazard. Peter, thanks so much for joining us this morning.Presenter SpeechPeter Orszag...

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Jefferies hires Lazard's Thomas for activism defense, sources say

6/4/2025

NEW YORK (Reuters) -Jefferies has hired a veteran Lazard banker as global head of the firm's activism defense practice, people familiar with the situation said on Wednesday, as more corporations face pressure from activist investors. The New York-headquartered bank is bringing on Richard Thomas, a managing director who has served as co-head of Lazard's Equity Advisory practice, the people said. Thomas will replace Chris Young, who had been the head of activism at Jefferies and is leaving the bank, said the people who were not authorized to discuss personnel matters publicly.

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Lazard Asset Management Appoints Eric Van Nostrand Global Head of Markets and Chief Economist

6/2/2025

NEW YORK, June 02, 2025--Lazard Asset Management (LAM) today announced that Eric Van Nostrand has joined the firm as Global Head of Markets and Chief Economist.

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Lazard moves to new UK headquarters in Manchester Square

6/2/2025

The firm has relocated from its previous location in 50 Stratton Street after over twenty years.

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Lazard Opens New Uk Headquarters in Historic Manchester Square, W1

6/2/2025

Lazard, Inc. announced that its new UK headquarters opened at 20 Manchester Square, housing both the firm's Financial Advisory and Asset Management businesses. The new, larger office reflects Lazard's...

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Exclusive-Thoma Bravo explores $3 billion-plus sale of software firm Apryse, sources say

5/29/2025

Buyout firm Thoma Bravo is exploring a $3 billion-plus sale of Apryse, after receiving interest from potential buyers of the document processing software provider, people familiar with the matter...

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Source: Finnhub

Thoma Bravo explores $3 billion-plus sale of software firm Apryse, sources say

5/29/2025

Buyout firm Thoma Bravo is exploringa $3 billion-plus sale of Apryse, after receiving interest frompotential buyers of the document processing software provider,people familiar with the matter said...

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Was Jim Cramer Right About Lazard, Inc. (LAZ)?

5/27/2025

We recently published a list of Was Jim Cramer Right About These 11 Stocks? In this article, we are going to take a look at where Lazard, Inc. (NYSE:LAZ) stands against other stocks that Jim Cramer discusses. A caller asked whether Lazard, Inc. (NYSE:LAZ) could benefit from increased M&A activity in Q3 2024. Cramer responded […]

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