LM up +1.26% percent Today $LM High is at 54.86 an
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Recent News posted below.
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LM Legg Mason Inc Recent Headline News
ClearBridge Energy MLP Funds to Host Conference Call Today
Business Wire - Thu Nov 13, 8:01AM CST
Legg Mason and ClearBridge Investments, LLC ("ClearBridge" to host a conference call today, November 13, 2014, at 4:00 p.m. (EST). ClearBridge portfolio manager Michael Clarfeld will discuss the Funds' investment portfolio and outlook, and hold a question and answer session.
CEM: 27.66 (-0.07), EMO: 23.83 (+0.02), CBA: 17.79 (+0.11), LM: 54.43 (+0.40), CTR: 22.48 (+0.03)
Legg Mason Reports Assets Under Management and Flows For October 2014
PR Newswire - Thu Nov 13, 6:58AM CST
Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $719.5 billion as of October 31, 2014. This month's AUM included fixed income inflows of approximately $5.1 billion and equity inflows of approximately $1.2 billion, which were more than offset by liquidity outflows of approximately $9.5 billion. October AUM included a negative foreign exchange impact of approximately $1.1 billion and also included approximately $9.5 billion in AUM related to the Martin Currie acquisition which closed on October 1, 2014.
LM: 54.43 (+0.40)
Invesco's October AUM Up on Market Gains, Outflows Rise - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Nov 12, 2:50PM CST
Invesco (IVZ) reported a marginal increase in preliminary month-end AUM for Oct 2014.
IVZ: 40.31 (-0.55), NSAM: 20.28 (-0.55), LM: 54.43 (+0.40), BEN: 56.55 (-0.42)
Legg Mason BW Global Income Opportunities Fund Inc. Replay Now Available for Conference Call
Business Wire - Wed Nov 12, 1:00PM CST
The replay of the Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) conference call, held on October 29, 2014, is now available. Richard Lawrence of Brandywine Global Investment Management, LLC ("Brandywine" discussed the Fund's investment portfolio and outlook.
LM: 54.43 (+0.40), BWG: 17.20 (-0.04)
Where In The World Should Fixed Income Investors Search For Opportunity?
PR Newswire - Wed Nov 12, 8:00AM CST
With global economic recovery sluggish outside the U.S., and some European and Asian economies tottering, investors must be careful. Deflationary trouble spots dot the world, including Japan, but Europe may be the most serious. Opportunities exist across geographies and sectors, but Legg Mason affiliate Brandywine Global believes the outlook for further quantitative easing by European Central Bank (ECB) and Bank of Japan (BoJ) may be an important driver in bond and currency markets throughout 2015.
LM: 54.43 (+0.40)
Franklin (BEN) October AUM Up on Higher Fixed Income Assets - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Nov 11, 5:21PM CST
Franklin Resources Inc. (BEN) declared preliminary assets under management (AUM) of $898.4 billion by its subsidiaries for Oct 2014.
IVZ: 40.31 (-0.55), LM: 54.43 (+0.40), BEN: 56.55 (-0.42)
Will Stifel (SF) Gain from 1919 Investment Counsel Buy? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Nov 11, 3:20PM CST
Stifel (SF) has completed the acquisition of 1919 Investment Counsel. This latest move is in sync with the company's expansion strategy.
SF: 47.96 (-0.32), RJF: 56.59 (-0.46), EVR: 51.26 (-0.39), LM: 54.43 (+0.40)
Legg Mason Announces Joseph A. Sullivan, Chairman & CEO, To Present At Bank of America Merrill Lynch 2014 Banking & Financial Services Conference
PR Newswire - Thu Nov 06, 10:00AM CST
Legg Mason, Inc. (NYSE: LM) today announced that Joseph A. Sullivan, Chairman & CEO is scheduled to speak at the Bank of America Merrill Lynch 2014 Banking & Financial Services Conference taking place at The Pierre hotel in New York on Thursday, November 13, 2014 at approximately 9:40 a.m. E.S.T.
LM: 54.43 (+0.40)
Legg Mason Launches BW Dynamic Large Cap Value Mutual Fund (LMBGX Class IS)
Business Wire - Thu Nov 06, 8:45AM CST
Legg Mason announced today the launch of a new mutual fund, the Legg Mason BW Dynamic Large Cap Value Fund ("LMBGX" or the "Fund" , which will be sub-advised by Brandywine Global Investment Management, LLC's Diversified Value Equity team. The Fund's broad objective is to provide long-term capital appreciation by quantitatively investing in U.S. equities. The Fund and its underlying strategy have a quantitative focus driven by three key factors: valuation, quality and sentiment. The proprietary blend is used to identify stocks that have the potential to deliver the strategy's innovative, dynamic shifting tool, which is unique in the marketplace. The tool adjusts the portfolio to favor deeper value stocks when the model indicates that valuation dispersion has peaked and begun to narrow. On the contrary, when valuation dispersion has troughed, the tool shifts the portfolio closer to the index's valuation. This proprietary blend of quantitative selection and dynamic shifting seeks to both mitigate downside volatility and potentially enhance long-term returns.
LM: 54.43 (+0.40)
Legg Mason and ClearBridge Announce Conference Call to Discuss ClearBridge Energy MLP Funds
Business Wire - Thu Nov 06, 8:00AM CST
Legg Mason and ClearBridge Investments, LLC ("ClearBridge" will hold a live conference call to provide an update on the energy master limited partnership ("MLP" market. ClearBridge portfolio managers Michael Clarfeld will discuss the Funds' investment portfolios, give an update on the MLP sector and outlook, and hold a question and answer session.
CEM: 27.66 (-0.07), EMO: 23.83 (+0.02), CBA: 17.79 (+0.11), LM: 54.43 (+0.40), CTR: 22.48 (+0.03)
Legg Mason (LM) Earnings Report: Q2 2015 Conference Call Transcript
at The Street - Sat Nov 01, 12:09PM CDT
The following Legg Mason (LM) conference call took place on October 31, 2014, 08:00 AM ET. This is a transcript of that earnings call:
LM: 54.43 (+0.40)
Legg Mason Fiscal Q2 Earnings Beat on Higher Revenues - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Oct 31, 3:00PM CDT
Driven by higher revenues, Legg Mason Inc.'s (LM) fiscal second-quarter 2015 adjusted earnings came in at 35 cents per share, beating the Zacks Consensus Estimate of 33 cents
BX: 31.85 (-0.05), BLK: 346.54 (-3.36), LM: 54.43 (+0.40), WDR: 47.79 (+0.01)
Legg Mason's (LM) CEO Joseph Sullivan on Q2 2015 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Fri Oct 31, 11:00AM CDT
LM: 54.43 (+0.40)
More on Legg Mason FQ2 results
Seeking Alpha - at Seeking Alpha - Fri Oct 31, 7:56AM CDT
LM: 54.43 (+0.40)
Legg Mason beats by $0.02, misses on revenue
Seeking Alpha - at Seeking Alpha - Fri Oct 31, 6:07AM CDT
LM: 54.43 (+0.40)
Legg Mason tops 2Q profit forecasts
Automated Insights - Fri Oct 31, 6:03AM CDT
BALTIMORE (AP) _ Legg Mason Inc. (LM) on Friday reported fiscal second-quarter earnings of $4.9 million.
LM: 54.43 (+0.40)
Legg Mason Reports Results for Second Fiscal Quarter 2015
PR Newswire - Fri Oct 31, 5:58AM CDT
Legg Mason, Inc. (NYSE: LM) today reported its operating results for the second fiscal quarter ended September 30, 2014. The Company reported net income1 of $4.9 million, or $0.04 per diluted share, as compared with net income of $72.2 million, or $0.61 per diluted share, in the previous quarter, and net income of $86.3 million, or $0.70 per diluted share, in the second quarter of fiscal 2014. In the quarter, Legg Mason completed a debt refinancing that resulted in a $107.1 million charge, or $0.59 per diluted share. Adjusted income2 for the second quarter was $40.6 million, or $0.35 per diluted share, as compared to $107.2 million, or $0.91 per diluted share, in the previous quarter and $104.5 million, or $0.85 per diluted share, in the second quarter of fiscal 2014. For the quarter, operating revenues were $703.9 million, up 1% from $693.9 million in the prior quarter, and up 5% from $669.9 million in the second quarter of fiscal 2014. Operating expenses were $573.5 million, relatively flat compared to $574.4 million in the prior quarter and up 2% from $563.5 million in the second quarter of fiscal 2014.
LM: 54.43 (+0.40)
Notable earnings before Friday’s open
Seeking Alpha - at Seeking Alpha - Thu Oct 30, 4:30PM CDT
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Legg Mason BW Global Income Opportunities Fund Inc. Portfolio Composition as of September 30, 2014
Business Wire - Thu Oct 30, 8:01AM CDT
Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) announces its portfolio composition as of September 30, 2014.
LM: 54.43 (+0.40), BWG: 17.20 (-0.04)
Fixed Income Opportunities Highlighted By Selected High Yield Sectors
PR Newswire - Wed Oct 29, 8:00AM CDT
Fixed-income markets remain volatile: Europe is challenged, Brazil might struggle, and China is dealing with a potential property bubble. Opportunities nonetheless remain rife for savvy investors, particularly in the high-yield markets. Western Asset believes high-yield should be a key component of any successfully diversified bond portfolio.
LM: 54.43 (+0.40)