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Stock Market & Financial Investment News

News Breaks
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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January 30, 2015
07:00 EDTLMLegg Mason reports new $1B share repurchase authorization
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06:59 EDTLMLegg Mason reports Q3 EPS 67c, consensus 67c
Reports Q3 revenue $719B, consensus $714.34M. Reports Q3 adjusted EPS 98c. Reports Q3 AUM $709B.
January 29, 2015
15:37 EDTLMNotable companies reporting before tomorrow's open
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