Last $4.19 USD
Change Today +0.09 / 2.20%
Volume 185.4K
LTS On Other Exchanges
Symbol
Exchange
NYSE Amex
Berlin
As of 8:04 PM 10/24/14 All times are local (Market data is delayed by at least 15 minutes).

ladenburg thalmann financial (LTS) Key Developments

Ladenburg Thalmann Financial Services Inc. Confirms Series A Preferred Stock Monthly Dividends for Fourth Quarter of 2014, Payable on October 28, 2014, November 28, 2014 and December 29, 2014

Ladenburg Thalmann Financial Services Inc. confirmed the fourth quarter 2014 monthly cash dividends for its 8.00% Series A Cumulative Redeemable Preferred Stock. The $0.1667 per share dividends are payable on October 28, 2014, November 28, 2014 and December 29, 2014 to the shareholder of record on October 15, 2014, November 15, 2014 and December 15, 2014 respectively.

Ladenburg Thalmann Mulls Acquisitions

Ladenburg Thalmann Financial Services Inc. (AMEX:LTS) is looking for acquisitions. Richard Lampen, President and Chief Executive Officer of Ladenburg Thalmann Financial Services Inc. said, "We want to continue to grow in the independent space through organic growth, recruitment, and, from time to time, through acquisitions."

Ladenburg Thalmann Financial Services Inc. Announces Consolidated Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Ladenburg Thalmann Financial Services Inc. announced consolidated unaudited earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenues of $220,753,000 compared with $193,869,000 for the same period a year ago. Income before change in fair value of contingent consideration was $3,690,000 compared with loss before change in fair value of contingent consideration of $4,776,000 for the same period a year ago. Income before income taxes was $3,690,000 compared with loss before income taxes of $4,920,000 for the same period a year ago. Net loss available to common shareholders was $766,000 or $0.00 per basic and diluted share compared with $6,551,000 or $0.04 per basic and diluted share for the same period a year ago. Adjusted EBITDA was $13,337,000 compared with $10,907,000 for the same period a year ago. The strong growth in advisory fees revenue was largely driven by an increase in net new advisory assets, successful recruitment of additional advisors and market appreciation. Commissions and investment banking revenues also remained very strong due to increased levels of client activity. For the six months, the company reported total revenues of $432,571,000 compared with $381,174,000 for the same period a year ago. Income before change in fair value of contingent consideration was $8,535,000 compared with loss before change in fair value of contingent consideration of $4,153,000 for the same period a year ago. Income before income taxes was $8,547,000 compared with loss before income taxes of $4,274,000 for the same period a year ago. Net income available to common shareholders was $294,000 or $0.00 per basic and diluted share compared with net loss available to common shareholders of $6,415,000 or $0.03 per basic and diluted share for the same period a year ago. Adjusted EBITDA was $27,910,000 compared with $24,867,000 for the same period a year ago.

Ladenburg Thalmann Financial Services Inc. Confirms Series A Preferred Stock Monthly Dividends for Third Quarter of 2014, Payable on July 28, 2014, August 28, 2014 and September 29, 2014

Ladenburg Thalmann Financial Services Inc. confirmed the third quarter 2014 monthly cash dividends for its 8.00% Series A Cumulative Redeemable Preferred Stock. The $0.1667 per share dividends are payable on July 28, 2014, August 28, 2014 and September 29, 2014 to the shareholder of record on July 15, 2014, August 15, 2014 and September 15, 2014 respectively.

Ladenburg Thalmann Financial Services Inc. Approves Amendment to the Articles of Incorporation

Ladenburg Thalmann Financial Services Inc. announced at the AGM held on June 25, 2014 has approved the amendment to the Articles of Incorporation.

 

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