Wednesday, August 16, 2006

Evercore: The Google of I-Banking: Financial News - Yahoo! Finance

"Despite a tough IPO market, Evercore Partners posted a strong public offering, as its stock price surged 18.3% to $24.85. Then again, the firm's margins look more like Google's, not an investment bank's. The challenge is whether the firm can continue its flawless execution, given the increased competition and risks of a slowdown in the mergers & acquisitions (M&A) market."

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