Welcome to our dedicated page for Lazard news (Ticker: $LAZ), a resource for investors and traders seeking the latest updates and insights on Lazard stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Lazard's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Lazard's position in the market.
Rhea-AI Summary
Lazard, Inc. (NYSE: LAZ) will release its first quarter 2024 financial results on April 25, 2024. The company will host a conference call to discuss the results, accessible via webcast or phone. A replay will be available later on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.2%
Tags
-
Rhea-AI Summary
Lazard, Inc. (LAZ) reported preliminary assets under management of $250.4 billion as of March 31, 2024, with market appreciation of $5.3 billion, net outflows of $2.5 billion, and foreign exchange depreciation of $0.4 billion. The total AUM included Equity at $195.3 billion, Fixed Income at $47.2 billion, and Other at $8 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.04%
Tags
-
Rhea-AI Summary
Lazard Global Total Return and Income Fund, Inc. (LGI) announces a monthly distribution of $0.10459 per share, payable on April 22, 2024, to shareholders of record on April 11, 2024. The Fund also paid a distribution on March 22, 2024. The distribution consists of return of capital. The Fund's 5-year average annual total return is 9.76%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.38%
Tags
Rhea-AI Summary
Lazard, Inc. (NYSE: LAZ) announced the completion of a cash tender offer for its 3.750% Senior Notes due 2025, with $235,653,000 in Notes accepted. Holders will receive $987.80 per $1,000 principal amount of Notes, plus accrued interest. The Settlement Date is expected to occur on March 13, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.19%
Tags
-
Rhea-AI Summary
Lazard, Inc. (NYSE: LAZ) completes a $400 million offering of 6.000% Senior Notes due 2031, intending to repurchase outstanding 3.750% Senior Notes due 2025. The offering was made under an effective shelf registration statement, with the remaining proceeds allocated for general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.19%
Tags
-
Rhea-AI Summary
Lazard, Inc. (NYSE: LAZ) announces the Total Consideration for its cash tender offer of 3.750% Senior Notes due 2025, urging holders to read the Offer to Purchase and related documents before the Tender Offer's expiration. The Total Consideration per $1,000 principal amount of Notes is $987.80, with accrued interest payable up to the Settlement Date. The Tender Offer is subject to certain conditions and can be extended, amended, or terminated by Lazard Group.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.57%
Tags
Rhea-AI Summary
Lazard, Inc. (LAZ) reported a total AUM of $248.0 billion as of February 29, 2024, with market appreciation of $7.0 billion, net outflows of $2.0 billion, and foreign exchange depreciation of $0.8 billion. The breakdown includes $192.7 billion in Equity, $47.3 billion in Fixed Income, and $8.1 billion in Other assets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.57%
Tags
-
Rhea-AI Summary
Lazard, Inc. initiates a cash tender offer for its 3.750% Senior Notes due 2025. The offer expires on March 12, 2024, with a Total Consideration determined based on UST Reference Security. Holders are advised to review the Offer to Purchase before participating.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.99%
Tags
-
Rhea-AI Summary
Lazard, Inc. (LAZ) announces the commencement of an offering of senior notes by its subsidiary Lazard Group LLC, along with a cash tender offer for outstanding 3.750% Senior Notes due 2025. The proceeds from the Offering will be used to repurchase the 2025 Notes, pay related fees, and for general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.99%
Tags
Rhea-AI Summary
Lazard Global Total Return and Income Fund, Inc. (LGI) announces a monthly distribution of $0.10459 per share, payable on March 22, 2024. The distribution comprises 100% return of capital. The fund's 5-year average annual total return is 9.58%, with a current distribution rate of 7.13% of NAV as of January 31, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.66%
Tags
Lazard, Inc.
NYSE:LAZ
LAZ Rankings
LAZ Stock Data
3.63B
83.99M
3.47%
55.49%
2.42%
Investment Banking and Securities Dealing
Finance and Insurance
United States of America
NEW YORK
About LAZ
lazard, one of the world’s preeminent financial advisory and asset management firms, operates from 43 cities across 27 countries in north america, europe, asia, australia, central and south america. with origins dating to 1848, the firm provides advice on mergers and acquisitions, strategic matters, restructuring and capital structure, capital raising and corporate finance, as well as asset management services to corporations, partnerships, institutions, governments and individuals. social media disclosure: https://www.lazard.com/social-media-disclosure/