Lazard Inc (LAZ) News

News: $LAZ Lazard Ltd Reports First-Quarter 2019 Results

First quarter operating revenue of $620 million Assets under management of $235 billion; up 9% from year-end Quarterly dividend increased by 7%; share repurchases of $192 million Lazard Ltd (NYSE: LAZ) today reported operating revenue 1 of $620 million for the quarter en...

In case you are interested https://marketwirenews.com/news-releases/lazard-ltd-reports-first-quarter-2019-results-8056080.html

For the third quarter, Lazard's revenues grew 10%, year- over-year, to $489 million, which was higher than the $453 million consensus estimate. Earnings per share (EPS) were $0.45, which beat handily the $0.36 consensus estimate. The firm's financial advisory operating revenue was $234 million for the quarter. It grew 6%, year-over-year.


Hope your still in there. :)

LAZ-bullish techncial analysis
LAZ gained 4.51% on 07/20/11 and a total percentage of 6.11% in the past 2 days
LAZ is trading in the range of $33.13 - $38.11 in the past 30 days.
LAZ formed a Three Outside Up pattern.
Average True Range (Atr) indicates the volatility has increased for LAZ.
Commodity Channel Index (CCI) is bullish for LAZ.
Money Flow Index (MFI) is bullish and moving up for LAZ.
LAZ formed a bullish Price & Exponential Moving Average Crossover signal.
LAZ formed a bullish Price & Simple Moving Average Crossover signal.
The 10-day simple moving average is bearish and moving down for LAZ.
Average volume increase over 10% for LAZ.

PRESS RELEASE: Lazard World Dividend & Income Fund Declares Monthly Distribution

PRESS RELEASE: Lazard World Dividend & Income Fund Declares Monthly Distribution

NEW YORK--(BUSINESS WIRE)--November 15, 2010--

The Board of Directors of Lazard World Dividend & Income Fund, Inc. (the "Fund") (NYSE:LOR) has authorized the Fund to declare today, pursuant to a level distribution policy, a monthly distribution of $0.07063 per share on the Fund´s outstanding common stock. The distribution is payable on December 23, 2010 to shareholders of record on December 13, 2010. The ex-dividend date is December 9, 2010.

Portfolio data as of October 31, 2010, including performance, asset allocation, top 10 holdings, sector weightings, regional exposure, and other Fund characteristics have been posted on Lazard Asset Management LLC´s ("LAM") website, www.LazardNet.com. Additionally, the notice required by Section 19(a) of the Investment Company Act of 1940, as amended, which provides information regarding the respective estimated amounts of each monthly distribution derived from net investment income, net realized capital gains (short- and long-term) and return of capital, will also be available on www.LazardNet.com.

The Fund´s objective is total return, through a combination of dividends income, and capital appreciation. The Fund´s net assets are invested in a portfolio of approximately 60 to 90 world equity securities, consisting primarily of the highest dividend-yielding stocks selected from the current holdings of other accounts managed by LAM. The equity portfolio is broadly diversified in both developed and emerging market countries and across the capitalization spectrum. The Fund seeks enhanced income by investing in short duration (typically below one year) emerging market forward currency contracts and other emerging market debt instruments.

An indirect subsidiary of Lazard Ltd (NYSE: LAZ), LAM, the Fund´s investment manager, offers a range of equity, fixed-income, and alternative investment products worldwide. As of September 30, 2010, LAM and affiliated asset management companies in the Lazard Group managed approximately $144 billion worth of client assets. For more information about LAM, please go to www.LazardNet.com.


CONTACT: Lazard Ltd

Media:

Judi Mackey,

212-632-1428

judi.mackey@lazard.com

or

Investor:

Ben Wulfsohn,

800-823-6300

ben.wulfsohn@lazard.com


SOURCE: Lazard World Dividend & Income Fund, Inc.
Copyright Business Wire 2010


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(END) Dow Jones Newswires

November 15, 2010 09:36 ET (14:36 GMT)

LAZ is one of the BEST stocks today and further!

LAZ 36.10$ tomorrow earnings release. is expected to beat street.

Earnings Alert: Lazard is Expected to Beat the Street Consensus When It Reports Earnings (LAZ)
Written on Mon, 10/25/2010 - 11:16am
By Chip Brian

Analysts, on average, expect Lazard (NYSE:LAZ) to report earnings of $0.42 per share on sales of $442 million on October 27, 2010.
For the full year, analysts expect the company to post EPS of $1.86. In the year-ago period, the company reported EPS of $0.41 on sales of $438 million.
In the previous quarter, the company reported EPS of $0.39, topping consensus estimates of $0.37.
SmarTrend is bullish on shares of Lazard and our subscribers were alerted to Buy on July 13, 2010 at $29.20. The stock has risen 21.6% since the alert was issued.