Legg Mason Inc (LM) 34.62 $LM Legg Mason Closes
Post# of 273246
Legg Mason Closes 82% Stake Purchase in Financial Guard
Zacks Equity Research - Zacks Investment Research - Thu Aug 18, 7:45AM CDT
Legg Mason Inc. (LM) completed the acquisition of 82% stake in Financial Guard LLC, an online Registered Investment Advisor based in Salt Lake City, UT.
CACC: 194.61 (-5.11), EFSC: 31.01 (-0.22), HBHC: 32.31 (-0.28), LM: 34.62 (-0.16)
Legg Mason (LM) to Offload Entire Stake in LMM LLC
Zacks Equity Research - Zacks Investment Research - Mon Aug 15, 8:20AM CDT
On Thursday, Legg Mason, Inc. (LM) entered into a definitive agreement to sell its entire stake in LMM LLC to Bill Miller, Chief Investment Officer of LMM. Therefore, Miller along with the companies he controls will gain complete ownership of LMM.
OSBC: 8.09 (-0.02), EFSC: 31.01 (-0.22), LM: 34.62 (-0.16), CMA: 46.80 (-0.78)
Legg Mason Partners Fund Advisor, LLC Announces Distributions for Certain Closed End Funds Pursuant to their Managed Distribution Policy
BusinessWire - Mon Aug 15, 7:00AM CDT
Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared distributions pursuant to their managed distribution policy.
SCD: 13.95 (+0.07), ESD: 16.60 (+0.04), LM: 34.62 (-0.16), SBW: 11.78 (-0.05), EMD: 11.83 (+0.04), BWG: 13.78 (+0.06)
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of September, October and November 2016
BusinessWire - Mon Aug 15, 7:00AM CDT
Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of September, October and November 2016.
IGI: 22.05 (-0.05), TLI: 10.65 (-0.01), MNP: 17.61 (+0.37), HIO: 5.10 (+0.01), DMO: 24.45 (+0.02), SBI: 10.72 (+0.14), LM: 34.62 (-0.16), MHF: 7.98 (+0.02), HYI: 15.41 (+0.13), EHI: 10.37 (+0.04), MTT: 24.93 (+0.19), GDO: 17.73 (-0.01), MMU: 15.50 (+0.16), GFY: 16.03 (+0.01), HIX: 7.20 (-0.06)
Legg Mason (LM) AUM Improves in July, Inflows Recorded
Zacks Equity Research - Zacks Investment Research - Thu Aug 11, 3:25PM CDT
Baltimore-based Legg Mason Inc. (LM) reported a rise in its assets under management (AUM) as of Jul 31, 2016, as compared with the prior month. Preliminary month-end AUM came in at $756.6 billion, up 2% from Jun 2016.
FII: 32.61 (-0.14), IVZ: 31.33 (-0.15), LM: 34.62 (-0.16), BEN: 36.12 (-0.03)
How These Asset Management Stocks are Faring? -- Legg Mason, Eaton Vance, Och-Ziff Capital Management, and SEI Investments
PR Newswire - Thu Aug 11, 7:20AM CDT
New competitors, shifts in client preferences, and rising costs are some of the biggest challenges faced by Asset Managers. Despite inconsistencies in its overall performance, Stock-Callers.com reviews four names in this segment: Legg Mason Inc. (NYSE: LM), Eaton Vance Corp. (NYSE: EV), Och-Ziff Capital Management Group LLC (NYSE: OZM), and SEI Investments Co. (NASDAQ: SEIC). Register now and get full and free access to our downloadable research reports on these stocks at:
SEIC: 45.69 (-0.30), LM: 34.62 (-0.16), OZM: 3.91 (+0.04), EV: 39.76 (-0.37)
Bill Miller to Acquire Legg Mason's Stake in LMM LLC
PR Newswire - Thu Aug 11, 6:36AM CDT
Legg Mason, Inc. (NYSE: LM) ("Legg Mason" today announced that it has reached an agreement with Bill Miller for the acquisition by Mr. Miller of all of Legg Mason's interests in LMM LLC ("LMM". As a result, Mr. Miller, together with companies he controls, will own 100% of LMM.
LM: 34.62 (-0.16)
Invesco's July AUM up 4.1% on Rise in all Asset Classes
Zacks Equity Research - Zacks Investment Research - Wed Aug 10, 7:25AM CDT
Invesco's (IVZ) AUM came in at $811.8 billion, a rise of 4.1% from $779.6 billion recorded in the prior month.
APO: 18.51 (-0.39), IVZ: 31.33 (-0.15), LM: 34.62 (-0.16), BEN: 36.12 (-0.03)
Western Asset Middle Market Funds to Host Conference Call Today
BusinessWire - Wed Aug 10, 7:00AM CDT
Legg Mason and Western Asset Management Company ("Western Asset" to host a conference call today, Wednesday, August 10, 2016 at 12:00 p.m. (EST). Western Asset portfolio manager Chris Jacobs will provide an update on investment activities of Western Asset Middle Market Debt Fund Inc. (XWAMX) and Western Asset Middle Market Income Fund Inc. (XWMFX) and hold a question and answer session.
LM: 34.62 (-0.16)
Legg Mason Reports Assets Under Management and Flows For July 2016
PR Newswire - Wed Aug 10, 7:00AM CDT
Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of approximately $756.6 billion as of July 31, 2016. This month's AUM included long-term outflows of $0.5 billion, driven by alternative1 of $1.1 billion and equity of $0.8 billion, largely offset by fixed income inflows of $1.4 billion. Liquidity inflows were $2 billion and this month's AUM included a positive foreign exchange impact of $0.8 billion.
LM: 34.62 (-0.16)
Franklin (BEN) July AUM Up on Higher Equity & Hybrid Assets
Zacks Equity Research - Zacks Investment Research - Tue Aug 09, 7:13AM CDT
Franklin Resources Inc. (BEN) announced preliminary assets under management (AUM) by its subsidiaries of $739.9 billion for Jul 2016.
IVZ: 31.33 (-0.15), LM: 34.62 (-0.16), EV: 39.76 (-0.37), BEN: 36.12 (-0.03)
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Month of August 2016
BusinessWire - Fri Aug 05, 7:00AM CDT
Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the month of August 2016.
HIO: 5.10 (+0.01), MHY: 4.86 (-0.02), LM: 34.62 (-0.16), EHI: 10.37 (+0.04), GDF: 9.30 (+0.02)
Legg Mason Prices Junior Subordinated Notes Worth $500M
Zacks Equity Research - Zacks Investment Research - Thu Aug 04, 7:50AM CDT
Legg Mason Inc. (LM) announced the pricing of an underwritten public offering of Junior Subordinated notes worth $500 million. The notes will bear a fixed interest rate of 5.45% and will be sold at a price equal to 100% of par.
JPM: 67.24 (-0.20), C: 47.00 (-0.29), LM: 34.62 (-0.16), MS: 31.75 (-0.14)
Western Asset Middle Market Funds to Host Conference Call
BusinessWire - Thu Aug 04, 7:34AM CDT
Legg Mason and Western Asset Management Company ("Western Asset" to host a conference call, August 10, 2016 at 12:00 p.m. (EDT). Western Asset portfolio manager Chris Jacobs will provide an update on investment activities of Western Asset Middle Market Debt Fund Inc. (XWAMX) and Western Asset Middle Market Income Fund Inc. (XWMFX) and hold a question and answer session.
LM: 34.62 (-0.16)
Legg Mason, Inc. Announces Pricing of Junior Subordinated Notes Offering
PR Newswire - Wed Aug 03, 2:05PM CDT
Legg Mason, Inc. (NYSE: LM) ("Legg Mason" announced today that it priced its underwritten public offering of $500 million of Junior Subordinated Notes due 2056 (the "Junior Subordinated Notes" at a price equal to 100% of par. The offering is expected to close on August 8, 2016, subject to the satisfaction of customary closing conditions.
LM: 34.62 (-0.16)
CORRECTING and REPLACING Legg Mason BW Global Income Opportunities Fund Inc. Commentary Now Available
BusinessWire - Wed Aug 03, 10:07AM CDT
Third paragraph, first sentence hyperlink of release dated Aug. 2, 2016 should read: Legg Mason BW Global Income Opportunities Fund, Inc.
LM: 34.62 (-0.16), BWG: 13.78 (+0.06)
IoT Startup Receives Seed Funding to Battle Firefighter Cancer Rates
PR Newswire - Tue Aug 02, 3:55PM CDT
Vault RMS, the creators of Vault Exposure Tracker, announced today $1.3 million in a seed funding round led by Bill Miller of Legg Mason and San Diego-based Keshif Ventures, with participation from San Francisco-based Right Side Capital. Vault Exposure Tracker is a web-based platform that captures data around the toxic exposures firefighters face every day. The system integrates with 911-dispatch, traditional records systems, wearable devices, heat and chemical sensors, and weather API's. Users can also add objective data about their role at an incident.
LM: 34.62 (-0.16)
Legg Mason Affiliated Closed-End Funds Commentaries Now Available
BusinessWire - Tue Aug 02, 3:45PM CDT
Investment professionals from ClearBridge Investments, LLC ("ClearBridge", a Legg Mason, Inc. ("Legg Mason" affiliate, provided a quarterly commentary to discuss their views on the current market and provide their outlook. The ClearBridge investment professionals included:
CEM: 16.56 (unch), EMO: 13.22 (unch), SCD: 13.95 (+0.07), CBA: 8.77 (+0.07), LM: 34.62 (-0.16), CTR: 13.19 (+0.07)