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Stock Market & Financial Investment News

News Breaks
April 29, 2014
15:02 EDTLMLegg Mason increases dividend to 16c from 13c
Legg Mason declared a quarterly cash dividend on the company's common stock in the amount of 16c per share. This represents an increase of 23% on the dividend rate paid on shares of the company's common stock during the prior fiscal quarter. The dividend is payable on July 14 to shareholders of record on June 17.
News For LM From The Last 14 Days
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August 1, 2014
08:13 EDTLMLegg Mason weakness creates buying opportunity, says Wells Fargo
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July 31, 2014
07:03 EDTLMLegg Mason reports Q1 adjusted EPS 91c, consensus 56c
Reports Q revenue $693.9M, consensus $704.36M. Assets Under Management were $704.3B, up slightly from $701.8B as of March 31 and up 9% from $644.5B as of June 30, 2013.
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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