Update: Market Chatter: Goldman Sachs Hires Two Investment Bankers From Evercore, Lazard to Expand in Mid-Market Deals
(Updates with Lazard's response in the fourth paragraph.) Goldman Sachs (GS) has hired two investment bankers, Kerry Burke and Eddie Rubin, as part of its plan to strengthen its advisory business that
Market Chatter: Goldman Sachs Hires Two Investment Bankers From Evercore, Lazard to Expand in Mid-Market Deals
Goldman Sachs (GS) has hired two investment bankers, Kerry Burke and Eddie Rubin, as part of its plan to strengthen its advisory business that focuses on advising on deals of up to $2 billion, Reuters
Bank of America CEO: US consumer spending remains strong in an environment of high interest rates
Bank of America CEO Brian Moynihan said that even with high interest rates, American consumers are still in a good state thanks to wage growth, and companies are once again looking for mergers and acquisitions. Moynihan said on Monday that consumer spending increased 3% to 4% year over year in May. He said that this growth is in line with the environment where economic growth is slowing down and the inflation rate is slowing down, but it is still a positive factor for the US economy because people continue to increase spending. “This shows the resilience of American consumers,” Moynihan said in an interview at the French Business Summit in Versailles. “Maybe tomorrow will come out
Express News | Jeffrey Haller Joins Evercore as Senior Managing Director in the Financial Institutions Group
Evercore | 10-Q: Quarterly report
Express News | Evercore Inc : UBS Cuts Target Price to $195 From $200
Evercore's (NYSE:EVR) Upcoming Dividend Will Be Larger Than Last Year's
Why Investors Shouldn't Be Surprised By Evercore Inc.'s (NYSE:EVR) P/E
Evercore Inc.'s (NYSE:EVR) price-to-earnings (or "P/E") ratio of 27.6x might make it look like a strong sell right now compared to the market in the United States, where around half of the companies have P/E ratios below 16x and even P/E's below 9x are quite common.
Dividend Roundup: MetLife, General Motors, Pfizer, Citigroup, and More
Google executives interpret the Q1 earnings report: AI will bring an inflection point to the cloud business
Alphabet (Google parent company) today released its financial report for the first quarter of the 2024 fiscal year ending March 31: total revenue was US$80.539 billion, up 15% year on year, up 16% year on year without taking into account the impact of exchange rate changes; according to US GAAP, Alphabet's net profit for the first quarter was US$23.662 billion, up 57% year over year; and diluted earnings per share were US$1.89, up from US$1.17 in the same period last year. After the financial report was released, Google CEO Sundar Pichai (Sundar Pichai), president and chief
Earnings Call Summary | Evercore(EVR.US) Q1 2024 Earnings Conference
The following is a summary of the Evercore Inc. (EVR) Q1 2024 Earnings Call Transcript:Financial Performance:Evercore reported Q1 2024 net revenues of $581 million, operating income of $84 million, an
Express News | Evercore Shares Are Trading Lower After the Company Reported Worse-than-expected Q1 Sales Results
Research Alert: CFRA Maintains Buy Opinion On Shares Of Evercore Inc
CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We lift our target by $2 to $216, on for
Evercore Inc (EVR) Q1 2024 Earnings: Meets EPS Estimates, Reports Modest Revenue Growth
Evercore Raises Quarterly Dividend by 5.3%
By Colin Kellaher Evercore's board has raised the investment banking firm's quarterly dividend by 5.3%, to 80 cents from 76 cents. The new payout, equal to $3.20 a year, represents an annual yield o
Evercore Had Investment Securities, Certificates of Deposit of $865.3M >EVR
Evercore Had Investment Securities, Certificates of Deposit of $865.3M >EVR
Evercore 1Q Advisory Fees Fell $32.7M >EVR
Evercore 1Q Advisory Fees Fell $32.7M >EVR
Evercore Continues to Maintain a Strong Balance Sheet >EVR
Evercore Continues to Maintain a Strong Balance Sheet >EVR
Evercore Underwriting Business Gained Momentum in 1Q>EVR
Evercore Underwriting Business Gained Momentum in 1Q>EVR
Evercore Non-GAAP EPS of $2.13 In-line, Revenue of $587.3M Misses by $51.06M