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Archive for October, 2016

Companies set monthly record for mergers, acquisitions

Saturday, October 29th, 2016

U.S. companies are cutting merger deals at a record pace even though antitrust regulators have moved to oppose several recent high-profile combinations. So far this month, companies have agreed to mergers and acquisitions valued at $249 billion, according to financial information provider Dealogic.

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UPDATE 2-Lazard profit beats expectation as restructuring advisory fees jump

Friday, October 28th, 2016

The firm reported strength from its restructuring business, which nearly doubled from a year ago to $51.27 million. This helped Lazard report a 3.8 percent rise in financial advisory revenue.

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Senate committee invites wrong Time Warner

Friday, October 28th, 2016

On Thursday the Senate Judiciary Committee's antitrust subcommittee announced a hearing into the AT&T-Time Warner deal and said “Robert Marcus, the CEO of Time Warner, will testify.” Number three: Marcus left THAT company earlier this year.

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Equifax Inc. (EFX) Updates Q4 Earnings Guidance

Thursday, October 27th, 2016

Equifax Inc. updated its fourth quarter earnings guidance on Wednesday. The company provided earnings per share guidance of $1.35-1.38 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.36.

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