Lazard's CEO said industry headwinds will create opportunities for managers, including his firm, to consider M&A.
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Lazard takes valuation hit early in the gameIt’s the worst stock-market performer among independent Wall Street firms. Slower top-line growth justifies that, as does a tougher money-management environment. But with M&A revenue set to stall this year, rivals’ shares now look more vulnerable than those of Ken Jacobs’ firm.
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CEO of activist Starboard: 'We are certainly interested in the story at Bristol-Myers'Smith refused to comment on a weekend report about Starboard taking a stake in the embattled pharmaceutical giant, which last month agreed to buy troubled cancer drug company Celgene in a cash and stock deal valued at $74 billion.
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Appaloosa steps up pressure on Allergan to split chairman, CEO rolesHedge fund Appaloosa LP on Tuesday urged pharmaceutical company Allergan Plc to ...
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Papa John's CEO: We're hopeful we can bring founder John Schnatter along after Starboard dealPapa John's CEO Steve Ritchie said that the company hopes that founder John Schnatter stops feuding with the pizza chain after it announced a deal with hedge fund Starboard Value.
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Goldman Plans Cuts in Commodities Trading as New CEO Digs InCommodities trading at Goldman Sachs, once a huge moneymaker and a central part of the bank’s DNA, is on the chopping block.
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A crypto exchange may have lost $145 million after its CEO suddenly diedCanada's biggest cryptocurrency exchange says it's unable to gain access to $145 million of bitcoin and other assets after the death of its co-founder -- the only person who had access to the digital wallets
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