Lower June AUM For Legg Mason

On Tuesday, Baltimore-based money manager Legg Mason Inc. (NYSE:LM) reported preliminary month-end assets under management (AUM) of $645.4 billion for the month of June 2010. This was down 1.9% from t...

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On July 7th, 2010, Legg Mason filed an amended 40-APP document with the SEC with the noticeable difference being the exclusion of derivative usage within the proposed “Initial Fund”. The 40-APP fi...

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Legg Mason: Lower May AUM

On Thursday, Baltimore-based money manager Legg Mason Inc. (NYSE:LM) reported preliminary month-end assets under management (AUM) of $657.9 billion for the month of May. AUM was down 4.0% from $685.3 ...

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Mutual Funds: Top 5 Legg Mason Funds

Legg Mason is one of the world’s largest asset managers with assets under management of $685 billion. It uses a multi-affiliate business model to provide a wide range of financial services to indivi...

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LM Plans $300M Stock Buyback

Baltimore-based money manager Legg Mason, Inc. (NYSE:LM) announced on Monday that it will buy back its $300 million common stock in an accelerated share repurchase transaction. As a result, the transa...

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Legg Mason Outshines Estimate

Legg Mason Inc.’s (NYSE:LM) fourth-quarter earnings of 39 cents per share surpassed the Zacks Consensus Estimate of 35 cents as well as prior-quarter earnings of 28 cents. Earnings came in substanti...

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 Fluor (NYSE:FLR) reported better-than-expected first quarter earnings of 76 cents.  Revenue was $4.9 billion, which fell shy of Street estimates of $5.1 billion.  Legg Mason (NYSE:LM) ...

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Legend Bill Miller Shares His Strategy

On this week’s WealthTrack, Consuelo Mack conducts an exclusive television interview with Legg Mason’s legendary portfolio manager and Chief Investment Officer Bill Miller. How has the only money ...

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We Seem Incapable Of Grasping Masonomics

Arnold Kling: At MIT and other bastions of mainstream economics, most economists are to the left of center but to the right of the academic community as a whole. These economists are known for saying,...

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Mutual Funds: Top 5 Legg Mason Funds

With assets under management of $682 billion, Legg Mason is one of the world’s largest asset managers. It uses a multi-affiliate business model to provide a wide range of financial services to indiv...

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