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Lazard Posts Unexpected Loss on Compensation Costs (Update1)
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 2.7 percent.
Read more on BusinessWeek

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Lazard Posts Unexpected Loss on Compensation Costs (Update2)
Feb. 3 (Bloomberg) — 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.
Read more on Bloomberg

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