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Evercore Partners Inc

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  • *Q4 adjusted loss 23 cents/ share vs est 32 cents. Feb 12- Rig contractor Hercules Offshore Inc said it slashed its workforce by nearly a third and cut salaries, as the company keeps a tight leash on costs to counter a fall in demand due to a slump in crude oil prices. Oil and gas producers, drillers and services providers such as Cenovus Energy Inc, BG Group Plc,...

  • *Q4 adjusted loss of 23 cents/ share vs estimate of 32 cents. *Company had cut 15 pct jobs, shut 4 rigs in Gulf of Mexico. Larger rival Diamond Offshore Drilling Inc and land driller Patterson-UTI Energy Inc have warned of a challenging 2015..

  • Altman: If Putin reneges on Ukraine, US should ... Thursday, 12 Feb 2015 | 9:39 AM ET
    Vladimir Putin

    Former Clinton Deputy Treasury Secretary Roger Altman tells CNBC it's too early to say if the Russia-Ukraine cease-fire is a good deal.

  • MOSCOW, Feb 8- Russia has put 199 major companies on a list of strategic firms eligible for state assistance under the government's plan to help the ailing economy, the Economy Ministry said on Sunday. Russia is sliding towards recession and Moscow has come up with an anti-crisis plan promising state support for various sectors of the economy but giving few...

  • Feb 5- Investment bank and asset manager Lazard Ltd reported a better-than-expected quarterly profit as a jump in corporate dealmaking boosted M&A advisory fees. Lazard's M&A and other advisory fees rose 17 percent to $297.2 million in the fourth quarter ended Dec. 31, from a year earlier. Among the deals Lazard advised on during the quarter were specialty...

  • *Banks bulking up include Barclays, RBS, SocGen, Naxitis. SYDNEY, Feb 5- European investment banks that scaled back in Australia after the global financial crisis are scrambling to rebuild advisory and financing teams, keen for a slice of A $90 billion worth of privatisations expected in the next three years. With investors focused on countries possessing high...

  • Prokhorov: Want the Brooklyn Nets? Call me Tuesday, 13 Jan 2015 | 2:26 PM ET
    Brooklyn Nets owner Mikhail Prokhorov

    Brooklyn Nets ownership is open to offers to sell stake in the team, but nothing is imminent, owner Mikhail Prokhorov said.

  • Roger Altman: Oil collapse like $200B stimulus Tuesday, 13 Jan 2015 | 8:55 AM ET
    Roger Altman, founder and chairman, Evercore Partners.

    The U.S. economy is "gathering strength" and plummeting oil prices are actually a "big plus" for Americans, Evercore's Roger Altman tells CNBC.

  • *BMW and China dealers reach settlement over subsidies. *Dealers say $820 mln deal struck, BMW declines confirm details. SHANGHAI/ FRANKFURT, Jan 5- BMW will pay 5.1 billion yuan to auto dealers in China who pressured the world's top luxury carmaker to share the cost of overstocked showrooms, BMW's main Chinese dealership group said on Monday.

  • *BMW and China dealers reach settlement over subsidies. SHANGHAI/ FRANKFURT, Jan 5- BMW will pay 5.1 billion yuan to auto dealers who pressured Europe's top luxury carmaker to share the cost of overstocked showrooms in the world's largest car market, BMW's main Chinese dealership group said on Monday. BMW started subsidizing its dealers in 2012 due to falling...

  • Boutique M&A firms log one helluva year Wednesday, 19 Nov 2014 | 2:04 PM ET
    A Goldman Sachs sign hangs on the floor of the New York Stock Exchange.

    The M&A frenzy this year will mean bonus checks for Wall Street's biggest rainmakers. But the happiest bankers may work at small firms.

  • Fed caution about rate hike right move: Ray Dalio Wednesday, 1 Oct 2014 | 9:55 AM ET
    Ray Dalio, Bridgewater Associates

    Ray Dalio, founder of the world's biggest hedge fund Bridgewater Associates, says the Fed should wait for inflation signs before hiking interest rates.

  • Murdoch's Fox expected to push for Time Warner deal Tuesday, 5 Aug 2014 | 6:40 AM ET
    Pedestrians walk past the Time Warner Center in New York.

    Rupert Murdoch's Twenty-First Century Fox is expected to make an aggressive case for merging with Time Warner during its quarterly earnings call.

  • Early movers: KORS, BRK, GS, GM, MSFT, MCD & more Monday, 4 Aug 2014 | 7:37 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Evercore Partners to buy ISI Group Monday, 4 Aug 2014 | 6:12 AM ET
    Evercore Partners webpage

    Evercore Partners said it plans to acquire the operating business of ISI International Strategy & Investment.

  • Dealmakers to DC: Act now before best US firms bolt Friday, 27 Jun 2014 | 9:47 AM ET

    Two of Wall Street's most influential dealmakers have a message for Washington: Make U.S. corporate taxes more competitive in the global economy before its too late.

  • Squawking Rick Perry in the hotseat on gay remarks Thursday, 19 Jun 2014 | 1:49 PM ET
    Texas Gov. Rick Perry speaks during the final day of the 2014 Republican Leadership Conference on May 31, 2014 in New Orleans.

    In our Talking Squawk blog, Joe appears on "The Daily Show" in a clip of his Rick Perry interview; Becky loses her breath on TV; and Andrew talks cocktails.

  • Merck explores $15 billion drug portfolio sale: Sources Wednesday, 30 Apr 2014 | 10:20 PM ET
    Merck employees walk past a Merck sign in front of the company's building in Summit, New Jersey.

    Merck is considering selling a big portfolio of mature drugs that could fetch more than $15 billion, according to people familiar with the matter.

  • Pfizer on UK charm offensive as fresh AZ bid looms Wednesday, 30 Apr 2014 | 3:15 AM ET

    Ian Read, CEO of Pfizer, flew into London for a round of meetings with politicians and investors ahead of an expected fresh bid for AstraZeneca.

  • Airlines warm to web-surfing in the friendly skies Monday, 14 Apr 2014 | 7:17 AM ET

    Wireless Internet access in the sky is taking off, promising better connections for travelers and a bonanza for companies that sell the systems.