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Stock Market & Financial Investment News

News Breaks
December 12, 2012
16:34 EDTLMLegg Mason announce acceleration of quarterly dividend
Legg Mason announced that its board approved an amendment to the payment date for the company's quarterly cash dividend on its common stock in the amount of 11c per share. The dividend was previously declared by the company on October 26. The dividend will now be payable on December 28, rather than the previously announced payment date of January 7, 2013. No changes have been made to the record date, December 12, or amount of this previously declared quarterly cash dividend.
News For LM From The Last 14 Days
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July 25, 2014
07:33 EDTLMLegg Mason acquisition positive, says Wells Fargo
After Legg Mason agreed to buy international equity manager Martin Currie, Wells Fargo thinks the deal will enable Legg Mason to gain a foothold in international equity, while enabling Currie to leverage Legg Mason's retail distribution channel. The firm does not expect the deal to affect Legg Mason's share buybacks. It keeps an Outperform rating on the shares.
July 24, 2014
08:32 EDTLMLegg Mason acquires Martin Currie
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July 11, 2014
07:56 EDTLMLegg Mason reports assets under management $704B as of June 30
This month's AUM included fixed income inflows of approximately $500M, equity outflows of approximately $200M and liquidity inflows of $9.6B. June AUM included a positive foreign exchange impact of approximately $1B.

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