Evercore Partners Inc.(EVR)- NYSE
  • Mon, Jun. 27, 1:00 PM
    | Mon, Jun. 27, 1:00 PM
  • Mon, Jun. 27, 12:42 PM
    • "Uncertainty always slows down M&A activity," says Evercore Partners (EVR -12.8%) CEO Ralph Schlosstein. "The price that buyers are willing to pay for companies weakens a little bit because there’s more risk, and more uncertainty.”
    • Along with Evercore, Lazard (LAZ -11.5%), Moelis (MC -6.9%), Greenhill (GHL -9.5%), and PJT Partners (PJT -10.7%) are posting near 20% two-day declines since the U.K.'s Brexit vote.
    • Lazard, for one, got 34% of its 2015 revenue from Europe, and Evercore generated 23% from "Europe and other" regions.
    | Mon, Jun. 27, 12:42 PM
  • Apr. 7, 2015, 5:36 PM
    • Top gainers, as of 5:15 p.m.: RGLS +8.8%. WG +8.7%. EVR +5.7%. RCAP +3.9%. HLX +2.9%.
    • Top losers, as of 5:15 p.m.: EPE -5.6%. MTDR -4.5%. PNR -4.1%. INFI -4.1%. MRGE -4.0%.
    | Apr. 7, 2015, 5:36 PM | 2 Comments
  • Aug. 4, 2014, 10:46 AM
    • After dropping sharply late Friday on a rumor of a deal, Evercore (EVR -3.3%) slides further on confirmation as the company will issue up to about 8M share equivalents to fund the purchase which is expected to close in Q4. Nearly 70% of the share consideration is dependent on the firm's future performance.
    • According to the presentation slides, the deal is expected to be EPS accretive in 2015, with the potential to be meaningfully accretive in 2016 and beyond.
    • Previously: Evercore to acquire research-focused brokerage for up to $440M
    | Aug. 4, 2014, 10:46 AM
  • Aug. 1, 2014, 3:43 PM
    • Evercore Partners (EVR -5.3%) plans to buy ISI Group for $436M, according to a report from Bloomberg.
    • Shares of EVR have broken lower in late action off the news.
    | Aug. 1, 2014, 3:43 PM
  • Jun. 25, 2014, 9:39 AM
    • The team at Sandler O'Neill takes a liking to a couple of boutique investment banks, upgrading both Evercore (EVR +2.8%) and Greenhill (GHL -0.3%) to Buy.
    | Jun. 25, 2014, 9:39 AM
  • May 2, 2014, 10:07 AM
    • Evercore Partners (EVR +2.2%) has its tail in the air in the early-going after UBS upgrades to a Buy, citing valuation amid the 6% decline in the stock YTD, and strong productivity.
    | May 2, 2014, 10:07 AM
  • Jul. 25, 2013, 3:31 PM
    Lazard (LAZ +5.6%) gets past a weak deal market, reporting a 9% increase (earnings) in its financial advisory business in Q2 thanks to getting a piece of 4 out of 10 of the largest M&A deals this year. Compensation expense rose 17%, but as a percentage of revenue fell to 60% from 62.7% a year ago. Evercore (EVR +1%) also overcame the sluggish environment (earnings), taking market share as investment banking revenues rose 18.8% Y/Y. Its compensation ratio dropped to 63.5% from 66.3% a year ago.
    | Jul. 25, 2013, 3:31 PM
  • Jul. 23, 2013, 5:30 PM
    After-hours top gainers, as of 5:15 p.m.: TTHI +18%. VMW +11%. EVR +9%. UIS +6%. EA +6%.
    After-hours top losers: PNRA -5%. GWAY -5%. SONS -4%. NG -4%. BRCM -4%.
    | Jul. 23, 2013, 5:30 PM
  • Jun. 26, 2013, 5:26 PM
    Investment banking advisory Evercore Partners (EVR) is replacing Lufkin Industries (LUFK) in the S&P SmallCap 600 after the close of trading on Monday, July 1. A subsidiary of S&P 100 & 500 constituent General Electric (GE) is acquiring LUFK in a deal expected to be completed soon. EVR +1% AH.
    | Jun. 26, 2013, 5:26 PM
  • Apr. 26, 2013, 9:46 AM
    Lazard (LAZ -0.6%) recovers from a big opening decline caused by a sizable earnings miss. Financial advisory revenue of $168M fell 39% Y/Y, led by M&A off 37%. Asset management revenue of $240M rose 14%. Management fees of $220M rose 10%. "Our first quarter results reflect the uneven pace of the M&A markets balanced by the strength in equity markets," says CEO Ken Jacobs. The cost-cutting plan outlined last year is nearly complete, he reports, with the full beneficial impact to be felt in 2014.  Greenhill (GHL -0.5%). Evercore (EVR +0.3%).
    | Apr. 26, 2013, 9:46 AM | 1 Comment
  • Apr. 5, 2013, 10:21 AM
    Remember the supposed pickup in the M&A cycle, asks PAA Research, noting continued damage in the boutique investment bank sector which mostly rolled over several weeks ago. EVR -5%, GHL -2.8%, SF -3.2%, OPY -1.6%, PJC -1.7%.
    | Apr. 5, 2013, 10:21 AM | 1 Comment
  • Apr. 9, 2012, 11:09 AM
    Evercore Partners (EVR -4.8%) slips after being downgraded to Neutral at BofA/Merrill, citing weak Q1 activity and the recent decline its its revenue pipeline. The firm also lowers its rice target
    | Apr. 9, 2012, 11:09 AM | 1 Comment
  • Oct. 27, 2011, 5:19 PM

    Boutique i-bank Evercore Partners (EVR +21.3%) took off today after its Q3 report showed it to be faring well in a difficult climate. Revenue of $163.9M (+32% Y/Y) and EPS of $0.46 blew past consensus by $35.2M and $0.12. A 39% Y/Y increase in banking revenue (84% of total) easily offset a 12% decline in investment management revenue.

    | Oct. 27, 2011, 5:19 PM
  • Jul. 19, 2011, 9:14 AM

    InterDigital (IDCC) says it's hired Evercore (EVR) and Barclays (BCS) to explore strategic alternatives, including a possible sale. The developer of wireless technologies has seen the value of its intellectual property rise substantially this year, as patent bidding wars over smartphone technology have put the company at center stage. Shares +29% premarket.

    | Jul. 19, 2011, 9:14 AM
Company Description
Evercore Partners, Inc. is an independent investment banking advisory company. The company operates through two segments: Investment Banking and Investment Management. The Investment Banking segment includes its Advisory services, through which it provides advice to clients on mergers,... More
Sector: Financial
Industry: Asset Management
Country: Russia