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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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October 30, 2014
15:41 EDTLMNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Exxon Mobil (XOM), consensus $1.73; Chevron (CVX), consensus $2.56; AbbVie (ABBV), consensus 77c; NextEra Energy (NEE), consensus $1.55; Dominion Resources (D), consensus 96c; Aon plc (AON), consensus $1.12; Weyerhaeuser (WY), consensus 30c; Clorox (CLX), consensus $1.03; Rockwell Collins (COL), consensus $1.27; Newell Rubbermaid (NWL), consensus 55c; Pinnacle West (PNW), consensus $2.15; Legg Mason (LM), consensus 0c; TECO Energy (TE), consensus 32c; Oshkosh (OSK), consensus 82c; Hilton Worldwide (HLT), consensus 17c; Genesee & Wyoming (GWR), consensus $1.17; Spirit AeroSystems (SPR), consensus 74c; Madison Square Garden (MSG), consensus 32c; Magellan Midstream (MMP), consensus 66c.
October 28, 2014
08:36 EDTLMLegg Mason names Joseph A. Sullivan as chairman and John Murphy as director
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