Lazard (NYSE: LAZ) reported preliminary assets under management (AUM) of $231.4 billion for April 2025. The month's changes included:- FX appreciation: $5.1 billion- Market depreciation: $0.9 billion- Net outflows: $0.2 billionThe AUM breakdown shows ...
Fortrea (FTRE) reported its Q1 2025 financial results, showing revenues of $651.3 million, down from $662.1 million in Q1 2024. The company posted a significant GAAP net loss of $(562.9) million, largely due to a non-cash goodwill impairment charge . ...
Fortrea (FTRE) announced that CEO Thomas Pike is stepping down from his role as Chief Executive Officer and Chairman of the Board, effective May 13, 2025. Peter M. Neupert, the company's Lead Independent Director, will serve as Interim CEO and Board ...