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Stock Market & Financial Investment News

News Breaks
January 31, 2014
07:03 EDTLMLegg Mason reports Q3 adjusted EPS $1.03, may not be comparable to consensus 66c
Reports Q3 EPS 67c, consensus 66c. Reports Q3 revenue $720.1M, consensus $725.85M
News For LM From The Last 14 Days
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August 26, 2015
07:39 EDTLMPiper Jaffray lowers estimates for asset managers below consensus
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August 14, 2015
17:21 EDTLMTrian Fund gives quarterly update on stakes
NEW STAKES: Pentair (PNR), and Sysco (SYY). INCREASED STAKES: Mondelez (MDLZ), and Tiffany & Co (TIF). DECREASED STAKES: Legg Mason (LM), Wendy's (WEN), and Ingersoll-Rang (IR). LIQUIDATED STAKES: Allegion (ALLE).
August 13, 2015
10:00 EDTLMOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: A. Schulman (SHLM) upgraded to Buy from Accumulate at Global Hunter... American Capital Agency (AGNC) upgraded to Buy from Neutral at Compass Point... Annaly Capital (NLY) upgraded to Buy from Neutral at Compass Point... Aramark (ARMK) upgraded to Outperform at Baird... Bernstein upgrades Yahoo (YHOO), says shares pricing in 'almost' worst case scenario... BreitBurn Energy (BBEP) upgraded to Neutral from Sell at UBS... CAE (CAE) upgraded to Buy from Hold at Desjardins... Capital One (COF) upgraded at Argus... Coca-Cola Enterprises (CCE) upgraded to Outperform from Underperform at CLSA... Community Health (CYH) upgraded to Outperform from Market Perform at Raymond James... EZchip (EZCH) upgraded to Buy from Hold at Brean Capital... Enzymotec (ENZY) upgraded to Outperform from Market Perform at Wells Fargo... Extra Space Storage (EXR) upgraded on positive catalysts at BMO Capital... Green Plains (GPRE) upgraded to Buy from Neutral at Goldman... Legg Mason (LM) upgraded to Overweight from Equal Weight at Barclays... Lincoln National (LNC) upgraded to Overweight at Morgan Stanley... Merck (MRK) upgraded on improved pipeline outlook at BMO Capital... Microsoft (MSFT) upgraded to Buy from Hold at Stifel... Monster Beverage (MNST) upgraded to Overweight from Equal Weight at Morgan Stanley... National Research (NRCIB) upgraded to Overweight from Equal-Weight at First Analysis... Qlik Technologies (QLIK) upgraded to Buy from Hold at Deutsche Bank... Spectra Energy Partners (SEP) upgraded to Overweight from Neutral at JPMorgan... Yahoo (YHOO) upgraded to Outperform from Market Perform at Bernstein.
05:19 EDTLMLegg Mason upgraded to Overweight from Equal Weight at Barclays
Barclays analyst Kenneth Hill upgraded Legg Mason to Overweight citing an improving outlook for the asset manager's equity products and overdone concerns around fixed income outflows. Hill raised his price target for the stock to $57 from $55.

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