Goldman Sachs downgraded financial; services company Lazard Ltd (NYSE:LAZ) to a Sell rating (From Neutral) and cut their 12-month price target on the stock to $32.00 (From...
Investing.com -- Here is your Pro Recap of the biggest analyst cuts you may have missed since Monday: initiation at Underperform at Arm Holdings, and downgrades for Starbucks,...
(Reuters) - Banking heavyweights including Goldman Sachs and Morgan Stanley have announced a string of layoffs this year as part of a cost-cutting spree to better position...
By Lananh Nguyen NEW YORK (Reuters) - Two weeks before Peter Orszag takes the helm as CEO of Lazard (NYSE:LAZ), he is already setting an ambitious goal for the investment bank to...
(Reuters) - Citigroup (NYSE:C) announced a major reorganization on Wednesday that trims management layers, giving CEO Jane Fraser more direct oversight over its businesses as...
By Svea Herbst-Bayliss NEW YORK (Reuters) - Bank of America vaulted past several rivals to rank as the top financial adviser to companies targeted by activist investors in the...
By Amanda Cooper LONDON (Reuters) - Global shares rose on Monday, lifted by a growing expectations that the Federal Reserve will not raise interest rates again, and by hopes that...