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Bennett Blau Joins Evercore as Senior Managing Director in the Healthcare Investment Banking Group
Bennett Blau Joins Evercore as Senior Managing Director in the Healthcare Investment Banking Group

Business Wire

time4 days ago

  • Business
  • Business Wire

Bennett Blau Joins Evercore as Senior Managing Director in the Healthcare Investment Banking Group

NEW YORK--(BUSINESS WIRE)--Evercore (NYSE: EVR) announced today that Bennett Blau has joined the firm as a senior managing director in the healthcare investment banking group, where he will focus on the medical technology sector. He will be based in San Francisco. Naveen Nataraj, co-head of U.S. Investment Banking, said, 'We are excited to welcome Bennett to Evercore. His deep expertise in medtech will further broaden our healthcare franchise to best serve our clients holistically.' 'Medical technology is a vital component of patient care. Expanding our expertise in this area enhances the relevance and strength of Evercore's healthcare group within the industry. We are delighted to welcome Bennett to our team,' added Francois Maisonrouge, chairman of Evercore's global healthcare group. 'I'm excited to be joining Evercore at a time when the medical technology industry is seeing exceptional opportunities for growth and innovation, alongside increasing complexity. Evercore's focus on delivering high-impact, tailored advice, backed by deep industry insight and exceptional execution, powerfully positions the firm to support clients in their most important strategic decisions,' said Mr. Blau. Mr. Blau joins Evercore with over 15 years of investment banking experience. Most recently, he was a managing director in Goldman Sachs' healthcare investment banking group. He holds a B.A. from The George Washington University. About Evercore Evercore (NYSE: EVR) is a premier global independent investment banking advisory firm. We are dedicated to helping our clients achieve superior results through trusted independent and innovative advice on matters of strategic and financial significance to boards of directors, management teams and shareholders, including mergers and acquisitions, strategic shareholder advisory, restructurings and capital structure. Evercore also assists clients in raising public and private capital, delivers equity research and equity sales and agency trading execution, and provides wealth and investment management services to high-net-worth and institutional investors. Founded in 1995, the firm is headquartered in New York and maintains offices and affiliate offices in major financial centers in the Americas, Europe, the Middle East and Asia. For more information, please visit

Jarden in talks to secure offshore partner, strategic investor
Jarden in talks to secure offshore partner, strategic investor

AU Financial Review

time6 days ago

  • Business
  • AU Financial Review

Jarden in talks to secure offshore partner, strategic investor

Jarden is courting strategic partnerships with independent and global advisory houses including New York-based Evercore, the boutique investment bank that has been shaking up Wall Street deal making. The negotiations between the Trans-Tasman firm's leadership and prospective offshore partners include discussions about taking a stake in Jarden, according to multiple people briefed on the matter but not authorised to speak publicly. The tie-up may also extend beyond merger and acquisitions advice to Jarden's equities and fixed income divisions.

Adobe Shares Slump as Q2 Beat Fails to Deliver a Catalyst
Adobe Shares Slump as Q2 Beat Fails to Deliver a Catalyst

Yahoo

time13-06-2025

  • Business
  • Yahoo

Adobe Shares Slump as Q2 Beat Fails to Deliver a Catalyst

June 13 - Shares of Adobe (NASDAQ:ADBE) slipped about 4% in Friday's premarket trading after its fiscal second-quarter results topped forecasts but failed to sway investor sentiment. The company posted a modest beat on both revenue and earnings per share. It also raised its full-year revenue outlook, aided in part by favorable foreign exchange. Despite the gains, analysts noted the lack of a clear near-term growth catalyst. Evercore, which kept an Outperform rating and a $475 target, said the quarter offered no real fireworks for either bulls or bears. The firm said Adobe needs to reshape its broader investment case before attracting fresh interest. Morgan Stanley reiterated its Overweight rating with a $510 price target. Analysts said the print was largely in line, with improving AI adoption not yet showing a major impact on results. Jefferies maintained a Buy rating and a $590 target, pointing to steady progress in AI. The firm said Firefly and Acrobat AI saw growing traction, while AI-generated content rose 20% quarter over quarter. Still, analysts flagged that digital media recurring revenue guidance points to slower growth in the second half, which could keep shares range-bound for now. This article first appeared on GuruFocus.

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