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Stock Market & Financial Investment News

News Breaks
February 5, 2013
09:11 EDTLMLegg Mason downgraded to Underperform from Market Perform at BMO Capital
BMO Capital downgraded Legg Mason given rate pressure from mix shift towards more liquidity vs. less equity. Price target is $26.
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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