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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.

Breaking News

Fed Inflation Gauge Eases Again In May, But Inflation Pressures Clip Consumer Spending

While overall inflation pressures are easing modestly, the impact of the fastest inflation in four decades is taking its toll on spending, BEA data indicated Thursday.

Pfizer Stock Jumps On $3.2 Billion U.S. Covid Vaccine Sale, FDA Paxlovid Approval Filing

“As the Covid pandemic continues to evolve and be highly unpredictable, we must remain vigilant in protecting those who are at greatest risk of getting very sick from Covid," said CEO Albert Bourla.

Walgreens Stock Slides After Q3 Profit Beat, $683 Million Florida Opioid Charge

"WBA delivered strong execution across operating segments and against very robust growth last year," said CEO Rosalind Brewer.

Micron Earnings Preview: Will Critical Support Hold?

Micron is set to report earnings on Thursday after the close, but the stock sits on critical support. Will it hold or will it fold?