Lazard LTD. LTD. Class A News
Ariel Fund Manager Picks Value Stocks in Energy, Finance, More
Ariel Investments believes in 'classic Warren Buffett-style value investing' and sees value continuing to beat growth.
Cramer's Mad Money Recap 2/28: JPMorgan, Goldman Sachs
With the Russian invasion of Ukraine, inflation is going to get even worse.
Macy's Reportedly Seeks $5 Billion of Debt to Bolster Finances
A media report says Macy's is seeking $5 billion of debt to improve finances and isn't focusing on bankruptcy. It would use inventory and real estate as collateral.
Lazard Shares Ease as Firm Is Said to Cut 7% of Asset-Management Jobs
Lazard's job cuts come amid an outflow of assets from its funds and increasingly fierce competition from lower-cost index funds.
Papa John's Rallies 5% After Hiring Advisers to Fight Founder John Schnatter
Move raises speculation the beleagured pizza chain might be up for sale.
Neiman Marcus Says It No Longer Plans to Sell Itself
The high end retailer announced earlier this year that it was seeking strategic alternatives amid a challenging retail environment.
They Were the Busiest M&A Dealmakers During the First Quarter
Morgan Stanley leads the banks, while Kirkland & Ellis tops the law firms.
Neiman Marcus Said to Hired Investment Bank for Debt Relief
The high end department store is reportedly seeking relief from a debt load of $4.9 billion.
Lululemon Stock Slides As Muted Holiday Sales Forecast, Inventory Build Cloud Q3 Earnings Beat
"The external environment remains challenging with several high-volume weeks still in front of us (but) I'm encouraged with the beginning of our holiday season," said CEO Calvin McDonald.
Broadcom Stock Jumps On Q4 Earnings Beat, Solid Near-Term Outlook
"Hyperscale spending continues strong, enterprise consumption continues strong and broadband deployment across North America, Europe and even parts of Asia continues their multiyear trend of growth," said CEO Hock Tan.
Tesla will briefly half production of its Model Y sedan in China over the final week of the year, Reuters reported Friday.
Tesla Prepping Short Model Y Production Halt In Shanghai As China Demand Fades - Report