Lazard Posts Unexpected Loss on Compensation Costs; Shares Drop

Posted by admin on Feb 3rd, 2010 and filed under Investing. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Lazard Ltd., the biggest non-bank merger adviser, reported an unexpected loss on higher compensation costs in the first earnings report since Chief Executive Officer Kenneth Jacobs took over. The shares fell as much as 5.7 percent

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Lazard Posts Unexpected Loss on Compensation Costs; Shares Drop