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December 13, 2012
07:13 EDTLMLegg Mason says to take non-cash impairment charges of $650M-$750M
Concurrently with Permal's acquisition of Fauchier Partners, Legg Mason announced in a Current Report on Form 8-K filed with the Securities and Exchange Commission that the company has modified its employment and other arrangements with the management of Permal Group. Legg Mason also announced that on December 12 it concluded that it will take aggregate non-cash impairment charges in the range of $650M-$750M, or $460M-$550M after net tax benefits, for impairment of two significant indefinite-life fund management contract intangible assets.
News For LM From The Last 14 Days
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November 25, 2014
07:30 EDTLMLegg Mason price target raised to $60-$65 from $56-$60 at Wells Fargo
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November 20, 2014
10:33 EDTLMHigh option volume stocks
High option volume stocks: KBR LM PRGO CHRW DG ZMH LGF ZTS OSIR REGI
November 19, 2014
07:37 EDTLMCitigroup to hold a conference
Global Financial Conference is being held in Singapore on November 19-20.
November 13, 2014
17:00 EDTLMTrian Fund Management gives quarterly update on stakes
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08:02 EDTLMLegg Mason reports preliminary October AUM of $719.5B
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November 12, 2014
07:28 EDTLMBofA/Merrill to hold a conference
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