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Stock Market & Financial Investment News

News Breaks
February 11, 2013
13:35 EDTLMLegg Mason could name new CEO as early as Wednesday, WSJ reports
Legg Mason (LM) could name a new CEO this week, possibly as early as Wednesday, sources tell the Wall Street Journal. Interim CEO Joseph Sullivan is expected to remain with the company in a new role. Reference Link
News For LM From The Last 14 Days
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February 9, 2016
08:11 EDTLMMason reports AUM $651.5B as of January 31
Legg Mason reported preliminary assets under management of $651.5B as of January 31. This month's AUM included preliminary long-term net outflows of $5.8B, consisting of fixed income outflows of $3.8B and equity outflows of $2.0B. Liquidity outflows were $2.8B and this month's AUM included $1.7B in negative foreign exchange impact.

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