News
EVR
185.86
-2.64%
-5.04
Weekly Report: what happened at EVR last week (0408-0412)?
Weekly Report · 1d ago
LIVE MARKETS-U.S. stocks rebound as PPI soothes some inflation fears
U.S. Stocks rebound as PPI soothes some inflation fears Nasdaq and S&P 500 gain; Dow flat. Data showed producer prices increased only modestly in March. The Nasdaq was the best performing major index, rising 1.7%. Tech leads S-P 500 sector gainers, while financials were the worst performer.
Reuters · 4d ago
LIVE MARKETS-Silver lining to the cloudy rate-cut outlook
Bond market has adopted a less aggressive stance on rate cuts than the Fed has suggested. The bond market has been discounting the potential for rate cuts in 2024. One analyst sees a silver lining to the sell-off in the bond market. Main stock indexes up on the day.
Reuters · 4d ago
LIVE MARKETS-Markets likely to see more volatility, Evercore ISI shows how to play it
Markets likely to see more volatility, Evercore ISI shows how to play it. Evercore recommends investors add to hedges or short positions if the VIX rises above 17.94. The firm recommends investors remain defensively positioned in communication services, consumer staples and healthcare. The volatility may be a good time to put on some hedges.
Reuters · 4d ago
Press Release: Evercore to Announce First Quarter 2024 Financial Results and Host Conference Call on April 24, 2024
Evercore to Announce First Quarter 2024 Financial Results and Host Conference Call on April 24, 2024. Evercore will release its first quarter 2024 financial results and host a related conference call that same day. The conference call will be available via telephone and webcast at 8:00 a.m. Eastern Time.
Dow Jones · 5d ago
Fed's rate-cut confidence wobbles as inflation data misbehaves
Fed's rate-cut confidence wobbles as inflation data misbehaves. At least four of the 12 Fed officials voting on monetary policy have a skeptical stance. Last year, inflation had collapsed to the Fed's 2% target. The economy continues to grow above trend and unemployment is low.
Reuters · 6d ago
Weekly Report: what happened at EVR last week (0401-0405)?
Weekly Report · 04/08 09:05
Evercore: Sequential Improvements, But Exposure To PE Shows
Evercore's performance has not improved year over year due to its focus on sponsor clients that have been affected by interest rate hikes. Sequential sales growth is coming in, but YoY revenues were down 6%. Other companies in the industry saw growth, particularly in the mid-market. Evercore: Sequential Improvements, But Exposure To PE Shows.
Seeking Alpha · 04/08 07:08
LIVE MARKETS-U.S. stocks tank as discretion may be the better part of valor
Main U.S. Indexes end sharply lower All S&P 500 sectors red: Tech weakest group. All major U.s. Indexes close sharply lower as investors weigh the outlook for possible interest rate cuts. The CBOE volatility index hit 17, its highest level since mid-February.
Reuters · 04/04 20:12
BUZZ-U.S. STOCKS ON THE MOVE-US banks, Hertz, Spirit,
Wall Street's main stock indexes advanced on Thursday. The Dow Jones Industrial Average was up 0.39% at 39,279.3. The top three S&P 500 percentage gainers were Enphase Energy, Delta Air Lines. The Nasdaq Composite was up 1.06%.
Reuters · 04/04 18:02
LIVE MARKETS-Bitcoin top could spell trouble for stocks, Stifel says
Bitcoin top could spell trouble for stocks, Stifel says Main U.S. Indexes green. Bitcoin's recent run could signal a weaker stock market and leadership shift. Stifels chief equity strategist Barry Bannister says a peak in the cryptocurrency could signal trouble for stock market.
Reuters · 04/04 17:16
LIVE MARKETS-European chemicals: destocking done, now what?
European chemicals: destocking done, what? Main U.S. Indexes green: Nasdaq up ~1.1% all S&P 500 sectors rise. Inventories of European chemical companies at the end of 2023 were 11% lower than 2019 in volume terms.
Reuters · 04/04 16:40
LIVE MARKETS-Silver’s ready to happen
Demand for silver is booming due to growth in renewable energy and mining projects. TD Securities says investors should also pay heed to silver. Main U.S. Indexes green: Nasdaq up 1%. TD sees the current pace of demand growth depleting the silver free float in two years.
Reuters · 04/04 16:00
BUZZ-U.S. STOCKS ON THE MOVE-Delta Air Lines, Alternus Clean Energy, US banks
Wall Street's main stock indexes advanced on Thursday. Dow Jones Industrial Average was up 0.41% at 39,288.94. Delta Air Lines and Alternus Clean Energy were among the biggest decliners on the New York Stock Exchange. The Nasdaq composite and S&P 500 were both up.
Reuters · 04/04 15:52
MARK LIPACIS JOINS EVERCORE ISI AS SENIOR MANAGING DIRECTOR
Reuters · 04/03 12:00
BUZZ-Gritstone bio dives on stock-and-warrants offering
Gritstone bio's GRTS.O shares down 38.3% at $1.45 premarket after follow-on offering priced. Vaccine developer announced 21.6 mln shares, including warrants, for $32.5 mln gross proceeds. Company also announced positive preliminary data from mid-stage study for colorectal cancer vaccine.
Reuters · 04/02 11:15
Weekly Report: what happened at EVR last week (0325-0329)?
Weekly Report · 04/01 09:06
B. Riley Financial: Audit Risk May Have Potential Rewards
B. Riley Financial's delayed filing of its 10-K raises concerns, but the company has a reasonable explanation. The company's involvement with Brian Kahn and FRG has caused controversy, but there is no evidence of wrongdoing on B. Riley's part. The potential asset sales of Great American could generate significant value for RILY.
Seeking Alpha · 03/29 06:43
Refiner Citgo set to open data room for bidders tied to court auction
Refiner Citgo set to open data room for bidders tied to court auction. A U.S. Federal court last year launched an auction of shares in a parent of the refiner to satisfy $21.3 billion in judgments. Citgo is Venezuela's foreign crown jewel.
Reuters · 03/27 18:20
US banks to see modest hit from deal to lower swipe fee by Visa, Mastercard
US banks to see modest hit from deal to lower swipe fee by Visa, Mastercard by Visa and Mastercard. The antitrust settlement announced on Tuesday is one of the largest in U.S. History. Wall Street analysts expect banks to absorb a large part of the revenue loss.
Reuters · 03/27 12:27
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About EVR
Evercore Inc. is an independent investment banking advisory company. The Company operates in two segments: Investment Banking & Equities and Investment Management. The Investment Banking & Equities segment includes the investment banking business through which it provides advice to clients on mergers, acquisitions, divestitures, shareholder activism and other strategic corporate transactions with a particular focus on advising multinational corporations and private equity firms on large, complex transactions. It provides liability management and restructuring advice to companies in financial transition, as well as to creditors, shareholders and potential acquirers. The Investment Management segment includes the wealth management business, through which it provides investment advisory, wealth management and fiduciary services for high-net-worth individuals and associated entities, and the private equity business, which holds interests in private equity funds, not managed by the Company.