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The Latest Breaking News from Lazard

Lazard Shows Market Leadership With Jump To 91 RS Rating

Lazard shows improving price performance, earning an upgrade to its IBD Relative Strength Rating.

Investors Business Daily

Coca-Cola pulls the plug on a brand-new flavor amid criticism

The beverage company is cutting an experimental Coca-Cola flavor months after it was introduced.

The Street

Lazard CEO says young bankers want important work if the trade-off is longer hours

The opportunity to go as far as you can as fast as you can was, to many, more alluring than a 9-5 office job full of boring busy work, Peter Orszag says.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Ofwat poised to refuse most suppliers’ requests for big price rises

Water watchdog decision on bills in England and Wales delayed until after election, as Thames crisis looms

The Guardian - UK

So this is how the Royal Mail ends: killed by lying politicians, lousy managers and ruthless moneymen

The decline of this great institution is a story in microcosm of how so many aspects of British life have been degraded, says Guardian columnist Aditya Chakrabortty

The Guardian - UK

South Africa's new plan to end power cuts is seriously flawed. Here's why

South Africa experienced unprecedented electricity shortages in 2023 as ageing coal plants became increasingly prone to breakdowns. The country urgently needs to develop new electricity generation facilities and reduce reliance on coal power.

The Conversation

Obama advisor turned Wall Street CEO says everyone’s AI predictions will be ‘invariably wrong’

Lazard CEO Peter Orszag told Fortune's Global Forum in Abu Dhabi that “a dose of humility” is needed among those speculating on the impact of AI.

Fortune

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Stocks are soaring as Wall Street celebrates a cooler-than-expected inflation report that could signal the end of the Fed's rate hikes: ‘The immaculate disinflation continues’

“The Fed is increasingly likely to be in a position to cut rates in the second quarter of 2024,” Lazard's chief market strategist says.

Fortune

Two foreign stock picks from Lazard fund manager

A Lazard fund co-managed by Barnaby Wilson had a one-year return of 17.12% through Oct. 9.

The Street

Elon Musk’s monopoly over the space race could ‘choke’ the sector if left unchecked, a Lazard investment banker has warned

"I think it’s a huge concern."

Fortune

‘There is nothing not to like’ in June’s ultra-soft inflation report, top strategist says—and Wall Street is starting to cheer the Fed’s firefighting

“It’s too early to pop the champagne,” Ronald Temple, chief market strategist at Lazard, told Fortune, “but it’s not too early to start chilling the bottle.”

Fortune

Daily Telegraph and Sunday Telegraph newspapers to be put up for sale

Barclay family have lost control of crown jewel media assets in bitter row with newspaper group’s lender

The Guardian - UK

Revealed: NHS England chair fixed meeting for client of bank he advised

David Prior helped arrange a meeting between NHSX and the private care company Teladoc, said to be keen to expand in the UK

The Guardian - UK

Blue-chip companies brace for new assaults by activist investors

Data show surge in first-time funds, jump in bigger targets

Axios

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news in one place.

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Investors Business Daily

Lazard Stock Shows Rising Price Performance With Jump To 81 RS Rating

Lazard shows improving price performance, earning an upgrade to its IBD Relative Strength Rating from 64 to 81.

The Guardian - UK

Octopus takeover of Bulb faces delay after rivals seek judicial review

Three companies complain over lack of transparency around deal which could be biggest government bailout since RBS and Lloyds

Birmingham Post

Advisors Lazard given five weeks to find Britishvolt gigafactory buyer, reports claim

Reports follow comments made by the Business Secretary over Government’s refusal to allow Britishvolt to draw down funds

Chronicle Live

Britishvolt advisors given weeks to find buyer for Blyth plant, reports claim

It has been claimed that Lazard has five weeks to find new owners for the gigafactory

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Reuters

Sri Lanka aims to have $2.9 billion IMF loan finalised in December - sources

Sri Lanka expects the International Monetary Fund board to approve a $2.9 billion loan by year-end, officials from the country's central bank told investors during a virtual presentation on Friday, sources participating in the event said.

Reuters

Lazard in talks with China, India, Japan on Sri Lanka debt

Financial advisory group Lazard has started talks with India, China and Japan on restructuring Sri Lanka's debt, a spokesman for the Sri Lanka government said on Tuesday, as the crisis-hit island nation seeks an International Monetary Fund (IMF) bailout.

Bangkok Post

Sri Lanka misses a leader as bailout slips further away

Investors are shifting their focus to Sri Lanka’s bilateral creditors as the resignations of President Gotabaya Rajapaksa and Prime Minister Ranil Wickremesinghe dim prospects for rapid aid from the International Monetary Fund (IMF).

Reuters

Lazard, Clifford Chance reach Sri Lanka to advise on debt restructure - PM

Representatives from heavyweight financial and legal advisers Lazard and Clifford Chance arrived in Sri Lanka to kick off the restructuring of over $12 billion in debt, the island nation's prime minister said on Tuesday.

Benzinga

Lazard: Q1 Earnings Insights

Lazard (NYSE:LAZ) reported its Q1 earnings results on Thursday, April 28, 2022 at 06:49 AM. Here's what investors need to know about the announcement.

Benzinga

How To Attend Lazard Q1 2022 Earnings Conference Call

Lazard (NYSE:LAZ) will host a conference call at 08:00 AM ET on April 28, 2022, to discuss Q1 2022 earnings results. How to Attend Lazard (LAZ) Conference Call Follow this link to access the live webcast.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For April 7, 2022

Upgrades

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