Lazard Ltd Reports Second-quarter and First-half 2020 Results 2020/07/31 10:49:00 Business Wire
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) today reported operating revenue1 of $543 million for the quarter ended June 30, 2020. Net income, as adjusted2, was $75 million, or $0.67 per share (diluted) for the quarter. On a U.S. GAAP basis, second-quarter 2020 net income was $73 million, or $0.66 per share (diluted). First-half 2020 net income, as adjusted, was $142 million, or $1.25 per share (diluted). On a U.S. GAAP basis, first-half 2020 net income was $137 million, or $1.22 per shar
Lazard Declares Quarterly Dividend of $0.47 Per Share 2020/07/29 20:15:00 Business Wire
NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) today announced that its Board of Directors has voted to declare a quarterly dividend of $0.47 per share on its outstanding common stock. The dividend is payable on August 21, 2020, to stockholders of record on About Lazard Lazard, one of the world's preeminent financial advisory and asset management firms, operates from more than 40 cities and 25 countries in North America, Europe, Asia, Australia, Central and South America. With origins dating
Debenhams up for sale in last-ditch bid to avoid liquidation 2020/07/26 16:47:45 The Guardian
Struggling department store chain already had £600m debt before coronavirus lockdown Debenhams has put itself up for sale in a last-ditch attempt to prevent a fall into liquidation. The 242-year-old department store chain this weekend appointed investment bank Lazard to oversee the sale process and hopes to secure a buyer before the end of September. Continue reading…
For sale: Debenhams hunts for new owner 2020/07/25 21:24:34 This is Money
London investment bank Lazard will be appointed as soon as tomorrow to run the process and trigger talks with potential buyers.
Nuclear power: still 'no thanks' in 2020? 2020/07/23 23:01:55 BusinessGreen
Peter Michaelis, head of Liontrust's Sustainable Investment Team, considers whether new nuclear power is a worthwhile investment in the race to net zero Nearly 10 years ago, we looked at nuclear power to assess whether we should expect a surge in new plants to satisfy demand for clean, CO2-free electricity - and concluded it was very unlikely. This was based on the fact that while nuclear fission power has very low CO2 emissions, there are other issues that counteract this benefit, and the past decade has shown our prediction to be correct. In the intervening years, however, there have been three developments. First, the need to decarbonise has become more urgent; second, the cost of solar and wind has substantially decreased; and, third, new nuclear technologies have developed. In light of these, we have re-examined the case to question whether the 2020s will be a decade of nuclear renaissance and whether it can be part of the solution to decarbonise electricity. From the 1970s, nuclear's share of global electricity generation rose to 18 per cent in the late 1990s before falling to 10 per cent today.