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Stock Market & Financial Investment News

News Breaks
January 10, 2013
12:13 EDTLMLegg Mason board against go-private until new CEO in place, Reuters says
The board of Legg Mason (LM) has rejected approaches from both private equity firms and senior managers with plans to take the company private, with the board opting not to explore these options until a new CEO is in place, according to a Reuters report that cites three sources. At the time of this writing, shares of Legg Mason had gained $1.10, or 4.23%, to $27.13. Reference Link
News For LM From The Last 14 Days
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January 13, 2015
10:00 EDTLMOn The Fly: Analyst Upgrade Summary
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08:00 EDTLMLegg Mason reports preliminary December assets under management of $709.1B
Legg Mason reported preliminary assets under management of $709.1B as of December 31, 2014. This month's AUM included preliminary long-term inflows of $1.7B, reflecting fixed income inflows of $3.0B which were partially offset by equity outflows of $1.3B. Liquidity inflows were $3.8B December AUM included a negative foreign exchange impact of $2.0B.
08:00 EDTLMLegg Mason upgraded at BofA/Merrill
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06:01 EDTLMLegg Mason upgraded to Buy from Neutral at BofA/Merrill
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