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Stock Market & Financial Investment News

News Breaks
October 25, 2012
07:13 EDTLAZLazard says implementing cost savings initiatives
The company says "“We are implementing cost saving initiatives to reduce the firm’s expense base and enhance our operating leverage. These include streamlining our support functions and eliminating investments in areas of low return. We expect these initiatives to result in approximately $125 million in annual savings from our existing cost base, with related implementation expenses primarily in the fourth quarter of this year. We believe these initiatives will improve profitability with minimal impact on Lazard’s revenue growth."
News For LAZ From The Last 14 Days
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May 18, 2015
10:10 EDTLAZHigh option volume stocks
High option volume stocks: ASNA LAZ GTI CBRL ANN ISSI ANET HTS URBN LVLT
09:49 EDTLAZEquity options with increasing volume
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May 15, 2015
17:07 EDTLAZTrian Fund gives quarterly update on stakes
NEW STAKES: None. INCREASED STAKES: PepsiCo (PEP), Mondelez (MDLZ), Bank of New York Mellon Group (BK), and Du Pont (DD). DECREASED STAKES: Family Dollar (FDO), and Ingersoll-Rand (IR). LIQUIDATED STAKES: Lazard (LAZ).

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