BUZZ- Lazard rises after higher Q4 profit

Investment bank Lazard's LAZ.N shares up ~4.8% at $55.23

LAZ reports Q4 adjusted net income of $85 million, or 78 cents per share, compared with $65 million, or 66 cents, a year ago

Co's financial advisory revenue on an adjusted basis rise 6% to $508 million from a year earlier

LAZ's asset management revenue rise 5% on an adjusted basis

LAZ stock was up ~47.9% in 2024