Western Asset Portfolio Manager Sees Value in Some Corporate Bonds
at The Street - Thu Feb 12, 3:41PM CST
John Bellows says investors can find some high yields.
LM: 57.84 (-0.25)
Brandywine Global Considers Energy Cost Declines A Broad Blessing For Worldwide Economies
PR Newswire - Thu Feb 12, 11:00AM CST
The global collapse of energy prices has analysts everywhere grasping for answers. No one is certain why prices fell so quickly - despite the myriad theories postulated - so it can be difficult to authoritatively predict future movements.
LM: 57.84 (-0.25)
U.S. Investors Call U.S. Equities Best Opportunity For 2015, Maintaining Or Increasing Equity Allocation
PR Newswire - Wed Feb 11, 1:21PM CST
According to the 2015 Legg Mason Global Investor Survey, 85% of 458 affluent U.S. investors surveyed said U.S. equities "offer the best opportunities over the next 12 months" among all domestic and global asset classes. This is an increase over the 74% who said the same going into 2014.
LM: 57.84 (-0.25)
Legg Mason January AUM Dips; Liquidity Outflows Recorded - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Feb 11, 12:10PM CST
Baltimore-based Legg Mason Inc. (LM) reported a slight fall in its assets under management (AUM) as of Jan 31, 2015, as compared with the prior month. Preliminary month-end AUM came in at $705.7 billion, down around 0.5% from the prior month.
WF: 25.24 (+0.42), IVZ: 39.52 (-0.06), LM: 57.84 (-0.25), BEN: 53.91 (+0.23)
Invesco's (IVZ) January AUM Slips 0.7% on Net Outflows - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Feb 11, 12:00PM CST
Invesco's preliminary month-end AUM witnessed a decline for the month of Jan 2015. The AUM came in at $786.5 billion, down 0.7% from the previous month.
AMG: 215.77 (+1.21), IVZ: 39.52 (-0.06), LM: 57.84 (-0.25), BEN: 53.91 (+0.23)
Equity outflows and fixed income inflows at Legg Mason in January
Seeking Alpha - at Seeking Alpha - Tue Feb 10, 7:07AM CST
LM: 57.84 (-0.25)
Legg Mason Reports Assets Under Management and Flows For January 2015
PR Newswire - Tue Feb 10, 6:57AM CST
Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $705.7 billion as of January 31, 2015. This month's AUM included preliminary long-term inflows of $2.8 billion, driven by fixed income inflows of $2.8 billion, while equity flows were breakeven. Liquidity outflows were $4.9 billion. January AUM included a negative foreign exchange impact of $2.4 billion.
LM: 57.84 (-0.25)
Pete Nachtwey, Chief Financial Officer, To Present At 16th Annual Credit Suisse Financial Services Forum
PR Newswire - Wed Feb 04, 3:30PM CST
Legg Mason, Inc. (NYSE: LM) today announced that Pete Nachtwey, its Chief Financial Officer, is scheduled to speak at the Credit Suisse Financial Services Forum taking place at the Turnberry Isle Miami in Aventura, Florida on Tuesday, February 10, 2015 at approximately 10:15 am (EST).
LM: 57.84 (-0.25)
Is A Dividend Cut The End Of The World? Stock Price Recovery And The Contrarian View, Part IV
On2Freedom - at Seeking Alpha - Tue Feb 03, 5:42PM CST
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Legg Mason inflows increase
at Investor's Business Daily - Fri Jan 30, 5:37PM CST
The asset manager earned 67 cents per share in its fiscal Q3, flat vs. a year earlier and in line with estimates. Revenue dipped to $719 mil from $720 mil a year ago but beat views for $714 mil. CEO Joseph Sullivan said that Legg Mason (LM) delivered...
LM: 57.84 (-0.25)
Legg Mason (LM) Earnings Report: Q3 2015 Conference Call Transcript
at The Street - Fri Jan 30, 4:48PM CST
The following Legg Mason (LM) conference call took place on January 30, 2015, 08:00 AM ET. This is a transcript of that earnings call:
LM: 57.84 (-0.25)
Legg Mason's (LM) CEO Joseph Sullivan on Q3 2015 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Fri Jan 30, 2:08PM CST
LM: 57.84 (-0.25)
Legg Mason (LM) Fiscal Q3 Earnings Beat, AUM Improves - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jan 30, 10:34AM CST
Legg Mason (LM) reported fiscal third-quarter 2015 adjusted earnings of 98 cents per share, slivering past the Zacks Consensus Estimate by a penny. However, the figure compared unfavorably with the year-ago figure of $1.03 per share.
BLK: 376.04 (+1.16), TROW: 82.45 (+0.17), JNS: 17.38 (+0.24), LM: 57.84 (-0.25)
Legg Mason BW Global Income Opportunities Fund Inc. Portfolio Composition as of December 31, 2014
Business Wire - Fri Jan 30, 9:00AM CST
Legg Mason BW Global Income Opportunities Fund Inc. (NYSE: BWG) announces its portfolio composition as of December 31, 2014.
LM: 57.84 (-0.25), BWG: 16.95 (+0.04)
Legg Mason (LM) Beats on Q4 Earnings, Sees AUM Growth - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Jan 30, 7:22AM CST
Legg Mason (LM) Beats on Q4 Earnings, Sees AUM Growth
LM: 57.84 (-0.25)
Legg Mason beats, sets $1B buyback
Seeking Alpha - at Seeking Alpha - Fri Jan 30, 6:55AM CST
LM: 57.84 (-0.25)
Legg Mason tops 3Q profit forecasts
Automated Insights - Fri Jan 30, 6:10AM CST
BALTIMORE (AP) _ Legg Mason Inc. (LM) on Friday reported fiscal third-quarter profit of $77 million.
LM: 57.84 (-0.25)
Legg Mason beats by $0.31, beats on revenue
Seeking Alpha - at Seeking Alpha - Fri Jan 30, 5:59AM CST
LM: 57.84 (-0.25)
Legg Mason Reports Results For Third Fiscal Quarter 2015
PR Newswire - Fri Jan 30, 5:57AM CST
Legg Mason, Inc. (NYSE: LM) today reported its operating results for the third fiscal quarter ended December 31, 2014. The Company reported net income1 of $77.0 million, or $0.67 per diluted share, as compared to $4.9 million, or $0.04 per diluted share, in the previous quarter, and net income of $81.7 million, or $0.67 per diluted share, in the third quarter of fiscal 2014. In the prior quarter, Legg Mason completed a debt refinancing that resulted in a $107.1 million pre-tax charge, or $0.59 per diluted share. Adjusted income2 for the third fiscal quarter was $113.1 million, or $0.98 per diluted share, as compared to $40.6 million, or $0.35 per diluted share, in the previous quarter and $124.6 million, or $1.03 per diluted share, in the third quarter of fiscal 2014. For the current quarter, operating revenues were $719.0 million, up 2% from $703.9 million in the prior quarter, and were relatively flat compared to $720.1 million in the third quarter of fiscal 2014. Operating expenses were $599.6 million, up 5% from $573.5 million in the prior quarter, and were relatively flat compared to $598.4 million in the third quarter of fiscal 2014.
LM: 57.84 (-0.25)
Notable earnings before Friday’s open
Seeking Alpha - at Seeking Alpha - Thu Jan 29, 4:30PM CST
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