All Posts Tagged With: "LM"
(LM) Legg Mason’s December Assets Under Management Perks Up
Baltimore-based Legg Mason Inc. (LM) experienced a rise in its assets under management (AUM) in December on a sequential basis. This was preceded by a decline in November and a rise in October AUM.
Preliminary...
(LM) Legg Mason’s August AUM Plunges Assets Under Management
Baltimore-based Legg Mason Inc. (LM) experienced a decline in its assets under management (AUM) in August on a sequential basis. This was preceded by a drop in both July and June.
Preliminary month-end...
(LM) Legg Mason Analyst Reiterates Shares at Neutral
We maintain our Neutral recommendation on Legg Mason Inc. (LM) based on strong fourth-quarter results. However, Legg Mason experienced a decline in its assets under management (AUM) in May on a sequential basis....
(AVP) Company News for May 04, 2011 – Corporate Summary
• Share prices of Beazer Homes (NYSE:BZH) dropped more than 5% to end the day at $4.33 after the company reported a larger-than-expected loss primarily because of lesser orders for new homes, which shows the continued...
(LM) Legg Mason Assets Under Management Rises Marginally
Baltimore-based Legg Mason Inc. (LM) experienced a slight increase in its assets under management (AUM) in March on a sequential basis. This was preceded by a modest rise in February and stable AUM in Janaury.
Preliminary...
(AMP) Stock Market News for March 10, 2011 – Market News
The second anniversary of the market’s Bull Run ended on a weak note as markets pared gains of the earlier trading day and closed marginally lower. The S&P 500 has gained 95.4% since it slid to 676.53 on March 9, 2009. However, continuing unrest in the Persian Gulf and...
(BXP) Company News for January 27, 2011 – Corporate Summary
• Qualcomm (NASDAQ:QCOM) reported Q1 EPS of $0.82, ex-items, ahead of the Zacks Consensus Estimate of $0.63 per share. Revenues for the quarter rose 25% year-over-year to $3.35 billion, above the Zacks Consensus Estimate...
(LM) Legg Mason’s July Assets Under Management Higher
Legg Mason Inc. (LM) reported preliminary month-end assets under management (AUM) of $659.3 billion for the month of July, up 2.0% from $645.4 billion at the end of the prior month having declined marginally...
(BLK) BlackRock Announces Plans to Double Mexican Asset Portfolio
On Wednesday, BlackRock, Inc. (BLK) said that the company intends to double its $13 billion asset portfolio in Mexico in the next three years. The company enjoys huge demand for Exchange Traded Funds (ETFs)...
(LM) Legg Mason Plans $300 Million Stock Buyback
Baltimore-based money manager Legg Mason, Inc. (LM) announced on Monday that it will buy back its $300 million common stock in an accelerated share repurchase transaction. As a result, the transaction is expected...
(LM) Legg Mason’s Earnings Report Outshines Street Estimates
Legg Mason Inc.’s (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 substantially ahead...
(LM) Legg Mason’s Earnings Report Underperforms Expectations
Legg Mason’s (LM) third quarter earnings of 28 cents per share missed the Zacks Consensus Estimate of 31 cents per share as well as the 30 cents per share from the second quarter of 2010.
However,...
(LM) Legg Mason, Inc. – Estimates Climb
Legg Mason, Inc. (LM) is surging ahead of its Q3 results set to be delivered on Oct 22, helped by rising estimates and a financial sector recovery.
Company Description
Legg Mason, Inc. operates as an...
(EV) Eaton Vance Matches Expectations – sluggish fee income amid weak fund inflows
Asset manager Eaton Vance Corp. (EV) reported fiscal third-quarter net income of $31.2 million, a decline of 37% year-over-year as performance was affected by sluggish fee income amid weak fund inflows. Excluding a charge associated with an IPO, earnings per...