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	<title>Stock Blog Hub &#187; Legg Mason Inc.</title>
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		<title>(LM) Legg Mason&#8217;s December Assets Under Management Perks Up</title>
		<link>http://www.stockbloghub.com/2012/01/13/lm-legg-masons-december-assets-under-management-perks-up/90150</link>
		<comments>http://www.stockbloghub.com/2012/01/13/lm-legg-masons-december-assets-under-management-perks-up/90150#comments</comments>
		<pubDate>Fri, 13 Jan 2012 21:09:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BEN]]></category>
		<category><![CDATA[Franklin Resources Inc.]]></category>
		<category><![CDATA[Invesco Limited]]></category>
		<category><![CDATA[IVZ]]></category>
		<category><![CDATA[Legg Mason Inc.]]></category>
		<category><![CDATA[LM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=90150</guid>
		<description><![CDATA[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 month-end AUM came in at $627.0 billion, up 1.0% from $620.6 billion at the end of November. Though equity AUM plummeted, fixed income AUM and liquidity AUM climbed compared with the prior month. Legg Mason’s equity AUM as of November inched down 1.6% from the prior month to $153.3 billion while fixed income AUM inched up 1.1% to $352.6 billion. The decrease in equity AUM coupled with a rise in fixed income, resulted in long-term AUM of $505.9 billion, down slightly compared with the prior month. Concurrently, liquid assets, which are convertible into cash, edged ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/13/lm-legg-masons-december-assets-under-management-perks-up/90150/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(LM) Legg Mason&#8217;s August AUM Plunges Assets Under Management</title>
		<link>http://www.stockbloghub.com/2011/09/19/lm-legg-masons-august-aum-plunges-assets-under-management/83238</link>
		<comments>http://www.stockbloghub.com/2011/09/19/lm-legg-masons-august-aum-plunges-assets-under-management/83238#comments</comments>
		<pubDate>Mon, 19 Sep 2011 20:45:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BEN]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Franklin Resources Inc.]]></category>
		<category><![CDATA[Invesco Limited]]></category>
		<category><![CDATA[IVZ]]></category>
		<category><![CDATA[Legg Mason Inc.]]></category>
		<category><![CDATA[LM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=83238</guid>
		<description><![CDATA[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 AUM came in at $643.4 billion, down 1.8% from $655.4 billion at the end of July. Moreover, equity AUM and fixed income AUM both plummeted compared with the prior month, while liquidity AUM increased. Legg Mason’s equity AUM in August dipped 7.7% from the prior month to $162.6 billion while fixed income AUM inched down 0.9% to $367.2 billion. The decrease in equity AUM coupled with drop in fixed income, resulted in long-term AUM of $529.8 billion, down 3.1% compared with the prior month. On the other hand, liquid assets, which are convertible into cash, edged up ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/09/19/lm-legg-masons-august-aum-plunges-assets-under-management/83238/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(LM) Legg Mason Analyst Reiterates Shares at Neutral</title>
		<link>http://www.stockbloghub.com/2011/07/03/lm-legg-mason-analyst-reiterates-shares-at-neutral/78277</link>
		<comments>http://www.stockbloghub.com/2011/07/03/lm-legg-mason-analyst-reiterates-shares-at-neutral/78277#comments</comments>
		<pubDate>Sun, 03 Jul 2011 19:25:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BlackRock Inc.]]></category>
		<category><![CDATA[BLK]]></category>
		<category><![CDATA[Legg Mason Inc.]]></category>
		<category><![CDATA[LM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78277</guid>
		<description><![CDATA[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. This was preceded by a slight decline in April, but a modest increase in March AUM. Preliminary May-end AUM came in at $671.0 billion, down 0.1% from $672.0 billion at the end of April. Fixed income and liquidity AUM grew sequentially during the month, while equity AUM plummeted. In May, Legg Mason reported fourth-quarter fiscal 2011 earnings of 77 cents per share, surpassing the Zacks Consensus Estimate of 45 cents. Results for the reported quarter included 7 cents in transition-related costs. Earnings beat the prior-year quarter figure by 8 cents per share. Results improved due to higher ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/03/lm-legg-mason-analyst-reiterates-shares-at-neutral/78277/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AVP) Company News for May 04, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/05/04/avp-company-news-for-may-04-2011-corporate-summary/73247</link>
		<comments>http://www.stockbloghub.com/2011/05/04/avp-company-news-for-may-04-2011-corporate-summary/73247#comments</comments>
		<pubDate>Wed, 04 May 2011 18:09:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Personal Products]]></category>
		<category><![CDATA[Avon Products Inc.]]></category>
		<category><![CDATA[AVP]]></category>
		<category><![CDATA[Beazer Homes USA Inc.]]></category>
		<category><![CDATA[BZH]]></category>
		<category><![CDATA[General Motors]]></category>
		<category><![CDATA[GM]]></category>
		<category><![CDATA[Heartware International Inc]]></category>
		<category><![CDATA[HTWR]]></category>
		<category><![CDATA[Legg Mason Inc.]]></category>
		<category><![CDATA[LINE]]></category>
		<category><![CDATA[Linn Energy Llc]]></category>
		<category><![CDATA[LM]]></category>
		<category><![CDATA[OmniVision Technologies Inc.]]></category>
		<category><![CDATA[OVTI]]></category>
		<category><![CDATA[PFE]]></category>
		<category><![CDATA[Pfizer Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73247</guid>
		<description><![CDATA[•    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 weakness in the housing industry •    Pfizer’s (NYSE:PFE) share prices dropped 2.76% to close at $20.44 after the company lowered its revenue forecast for the year 2011 •    Although Legg Mason Inc&#8217;s (NYSE:LM)  earnings results were in line with expectations, share prices fell 5.31% after the money manager reported its assets under management fell 1% to $677.6 billion •    World&#8217;s largest direct seller of beauty products Avon Products, Inc&#8217;s. (NYSE:AVP) share prices gained 4.53% after it reported that its first quarter profit tripled because of strong demand in Mexico and Turkey •    UBS upgraded ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(LM) Legg Mason Assets Under Management Rises Marginally</title>
		<link>http://www.stockbloghub.com/2011/04/13/lm-legg-mason-assets-under-management-rises-marginally/71466</link>
		<comments>http://www.stockbloghub.com/2011/04/13/lm-legg-mason-assets-under-management-rises-marginally/71466#comments</comments>
		<pubDate>Thu, 14 Apr 2011 02:54:52 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Invesco Limited]]></category>
		<category><![CDATA[IVZ]]></category>
		<category><![CDATA[Legg Mason Inc.]]></category>
		<category><![CDATA[LM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=71466</guid>
		<description><![CDATA[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 month-end AUM came in at $677.6 billion, up 0.7% from $672.7 billion at the end of February. Fixed income, equity and liquidity AUM, all three grew sequentially during the month. Legg Mason’s equity AUM in March inched up 0.5% from the prior month to $189.6 billion and fixed income AUM increased 0.9% from the prior month to $356.6 billion. The increase in equity and fixed income AUM primarily resulted in a 0.8% climb in long-term AUM to $546.2 billion from $542.1 billion at the end of the prior month. Moreover, liquid assets, which are ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/13/lm-legg-mason-assets-under-management-rises-marginally/71466/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AMP) Stock Market News for March 10, 2011 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2011/03/10/amp-stock-market-news-for-march-10-2011-market-news/68495</link>
		<comments>http://www.stockbloghub.com/2011/03/10/amp-stock-market-news-for-march-10-2011-market-news/68495#comments</comments>
		<pubDate>Thu, 10 Mar 2011 17:35:46 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Ameriprise Financial Inc.]]></category>
		<category><![CDATA[AMP]]></category>
		<category><![CDATA[AMTD]]></category>
		<category><![CDATA[BEN]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[CIEN]]></category>
		<category><![CDATA[Ciena Corporation]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[Fifth Third Bancorp]]></category>
		<category><![CDATA[Finisar Corporation]]></category>
		<category><![CDATA[FITB]]></category>
		<category><![CDATA[FNSR]]></category>
		<category><![CDATA[Franklin Resources Inc.]]></category>
		<category><![CDATA[JDS Uniphase Corporation]]></category>
		<category><![CDATA[JDSU]]></category>
		<category><![CDATA[KEY]]></category>
		<category><![CDATA[KeyCorp]]></category>
		<category><![CDATA[Legg Mason Inc.]]></category>
		<category><![CDATA[LM]]></category>
		<category><![CDATA[RIG]]></category>
		<category><![CDATA[TD AMERITRADE Holding Corporation]]></category>
		<category><![CDATA[Texas Instruments Inc.]]></category>
		<category><![CDATA[Transocean Limited]]></category>
		<category><![CDATA[TXN]]></category>
		<category><![CDATA[XOM]]></category>
		<category><![CDATA[ZION]]></category>
		<category><![CDATA[Zions BanCorporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=68495</guid>
		<description><![CDATA[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&#38;P 500 has gained 95.4% since it slid to 676.53 on March 9, 2009. However, continuing unrest in the Persian Gulf and concerns over the conflict spreading to other oil rich nations continued to create apprehensions among investors. Technology stocks also weighed heavy on the indices following a weak outlook from Texas Instruments. The volatile fear gauge, CBOE Volatility Index rose above 20 and the advance decline ratio on the New York Stock Exchange was evenly balanced. On the NYSE, Nasdaq and AMEX, consolidated volumes were roughly 7.04 billion shares, below the daily average volumes of 8.47 billion of last year. The Dow ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/03/10/amp-stock-market-news-for-march-10-2011-market-news/68495/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BXP) Company News for January 27, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/01/30/bxp-company-news-for-january-27-2011-corporate-summary/65879</link>
		<comments>http://www.stockbloghub.com/2011/01/30/bxp-company-news-for-january-27-2011-corporate-summary/65879#comments</comments>
		<pubDate>Sun, 30 Jan 2011 18:15:13 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[REIT - Office]]></category>
		<category><![CDATA[Boston Properties Inc.]]></category>
		<category><![CDATA[BXP]]></category>
		<category><![CDATA[COV]]></category>
		<category><![CDATA[Covidien plc]]></category>
		<category><![CDATA[LCC]]></category>
		<category><![CDATA[Legg Mason Inc.]]></category>
		<category><![CDATA[LM]]></category>
		<category><![CDATA[McAfee Inc.]]></category>
		<category><![CDATA[MFE]]></category>
		<category><![CDATA[Praxair Inc.]]></category>
		<category><![CDATA[PX]]></category>
		<category><![CDATA[QCOM]]></category>
		<category><![CDATA[QUALCOMM Inc]]></category>
		<category><![CDATA[SBUX]]></category>
		<category><![CDATA[Starbucks Corporation]]></category>
		<category><![CDATA[US Airways Group Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=65879</guid>
		<description><![CDATA[• 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 of $3.139 billion • Starbucks (NASDAQ:SBUX) reported Q1 EPS of $0.45, above the Zacks Consensus Estimate of $0.35 per share. Revenues for the quarter rose 8% year-over-year to $2.95 billion, ahead of the Zacks Consensus Estimate of $2.716 billion • US Airways (NYSE:LCC) reported Q4 adjusted EPS of $0.17, well above the Zacks Consensus Estimate of $-0.43 per share. Revenues for the quarter rose to $2.91 billion, ahead of the Zacks Consensus Estimate of $2.858 billion • Praxiar (NYSE:PX) reported Q4 adjusted EPS of $1.25, lower than the Zacks Consensus Estimate of $1.26 per share. Revenues for the quarter rose ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/01/30/bxp-company-news-for-january-27-2011-corporate-summary/65879/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(LM) Legg Mason&#8217;s July Assets Under Management Higher</title>
		<link>http://www.stockbloghub.com/2010/08/13/lm-legg-masons-july-assets-under-management-higher/47785</link>
		<comments>http://www.stockbloghub.com/2010/08/13/lm-legg-masons-july-assets-under-management-higher/47785#comments</comments>
		<pubDate>Fri, 13 Aug 2010 23:46:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BlackRock]]></category>
		<category><![CDATA[BLK]]></category>
		<category><![CDATA[Legg Mason Inc.]]></category>
		<category><![CDATA[LM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=47785</guid>
		<description><![CDATA[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 in June from May. The company has recorded a rise in AUM after two consecutive months of decline. At the end of July, Legg Mason&#8217;s equity AUM totaled $165.3 billion, up 6% from $155.8 billion at the end of the prior month. Fixed income AUM was up 2% sequentially to $364.7 billion from $357.9 billion at the end of the last month, while total long-term AUM was $530.0 billion, up 3% sequentially from $513.7 billion. However, liquidity assets, which are convertible into cash, contracted 2% sequentially to $129.3 billion from $131.7 billion at the end of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/08/13/lm-legg-masons-july-assets-under-management-higher/47785/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BLK) BlackRock Announces Plans to Double Mexican Asset Portfolio</title>
		<link>http://www.stockbloghub.com/2010/06/18/blk-blackrock-announces-plans-to-double-mexican-asset-portfolio/40733</link>
		<comments>http://www.stockbloghub.com/2010/06/18/blk-blackrock-announces-plans-to-double-mexican-asset-portfolio/40733#comments</comments>
		<pubDate>Fri, 18 Jun 2010 17:49:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[BEN]]></category>
		<category><![CDATA[BlackRock]]></category>
		<category><![CDATA[BLK]]></category>
		<category><![CDATA[Franklin Resources Inc.]]></category>
		<category><![CDATA[Legg Mason Inc.]]></category>
		<category><![CDATA[LM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=40733</guid>
		<description><![CDATA[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) by many foreign and institutional investors. Black Rock’s major business interest in Mexico is the iShare group of ETFs. In December 2009, the company had acquired Barclays Global Investors and the iShare ETFs from Barclays plc (BCS), for $13.5 billion. Through the Mexican Stock Exchange&#8217;s (MSE) international system of quotations, BlackRock offers 133 ETFs and 12 are listed on the exchange. Half of these 12 ETFs are of the Mexican government and corporate-bond ETFs and the other half are of Mexican equities ETFs that also includes iShares Naftrac ETF. Last year, iShares had acquired Naftrac ETF, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/06/18/blk-blackrock-announces-plans-to-double-mexican-asset-portfolio/40733/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(LM) Legg Mason Plans $300 Million Stock Buyback</title>
		<link>http://www.stockbloghub.com/2010/05/26/lm-legg-mason-plans-300-million-stock-buyback/38539</link>
		<comments>http://www.stockbloghub.com/2010/05/26/lm-legg-mason-plans-300-million-stock-buyback/38539#comments</comments>
		<pubDate>Wed, 26 May 2010 23:28:24 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BlackRock]]></category>
		<category><![CDATA[BLK]]></category>
		<category><![CDATA[Legg Mason Inc.]]></category>
		<category><![CDATA[LM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=38539</guid>
		<description><![CDATA[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 to be completed earlier before the previously scheduled time. The recent announcement is a part of Legg Mason’s $1 billion share repurchase authorization announced on May 10, 2010. The company will fund the stock repurchase with $1 billion in net free cash and cash income generated in excess of $100 million in the last quarter. The company foresees additional stock purchases worth $100 million by the end of March 2011. The remaining stocks of the $1 billion authorization are expected to be repurchased in future years. The accelerated shares repurchase program quickly returns capital to shareholders and executes ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(LM) Legg Mason&#8217;s Earnings Report Outshines Street Estimates</title>
		<link>http://www.stockbloghub.com/2010/05/11/lm-legg-masons-earnings-report-outshines-street-estimates/36815</link>
		<comments>http://www.stockbloghub.com/2010/05/11/lm-legg-masons-earnings-report-outshines-street-estimates/36815#comments</comments>
		<pubDate>Tue, 11 May 2010 22:06:22 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Legg Mason Inc.]]></category>
		<category><![CDATA[LM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=36815</guid>
		<description><![CDATA[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 of a loss of $2.33 per share reported in the fourth quarter of 2009 due to extensive expense control that led to higher-than-expected operating income. This was coupled with augmented growth in Assets Under Management (AUM). Net income stood at $63.6 million, compared to $44.9 million in the third quarter and a net loss of $330.2 million in the year-ago quarter. During the reported quarter, total revenue was $671.4 million, up 8.8% year over year due to increase in performance fees, particularly from Permal and Western Asset Management, and higher average AUM. However, on a sequential basis, revenues were down ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/11/lm-legg-masons-earnings-report-outshines-street-estimates/36815/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(LM) Legg Mason&#8217;s Earnings Report Underperforms Expectations</title>
		<link>http://www.stockbloghub.com/2010/01/21/lm-legg-masons-earnings-report-underperforms-expectations/25685</link>
		<comments>http://www.stockbloghub.com/2010/01/21/lm-legg-masons-earnings-report-underperforms-expectations/25685#comments</comments>
		<pubDate>Fri, 22 Jan 2010 00:56:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Legg Mason Inc.]]></category>
		<category><![CDATA[LM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=25685</guid>
		<description><![CDATA[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, year-over-year the earnings came in substantially ahead of the loss of $10.59 per share reported in the third quarter of 2009 due to increased operating expenses and augmented compensation on higher revenues. This included 11 cents per share or $28.3 million in real estate lease losses. Net income was $44.9 million, compared to $45.8 million in the second quarter and a net loss of $1.5 billion in the year-ago quarter. During the reported quarter, total revenues were $690.5 million, up 4.6% sequentially due to increase in the percentage of higher yielding equity assets and ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/21/lm-legg-masons-earnings-report-underperforms-expectations/25685/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(LM) Legg Mason, Inc. &#8211; Estimates Climb</title>
		<link>http://www.stockbloghub.com/2009/10/16/lm-legg-mason-inc-estimates-climb/17740</link>
		<comments>http://www.stockbloghub.com/2009/10/16/lm-legg-mason-inc-estimates-climb/17740#comments</comments>
		<pubDate>Fri, 16 Oct 2009 22:06:32 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Legg Mason Inc.]]></category>
		<category><![CDATA[LM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=17740</guid>
		<description><![CDATA[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 asset management firm servicing both individual and institutional investors. The company was founded in 1899 and has a market cap of $4.71 billion. Shares of Leg Mason are up huge over the last 6 months as the financial sector heals and investors regain their confidence. The company&#8217;s better than expected second-quarter results, reported on July 21, help provide shares with a nice boost. Second-Quarter Results Revenue took a hit, down to $613 million from $1.1 billion last year. But earnings came in better than expected at 35 cents per share, 14 cents ahead of the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/10/16/lm-legg-mason-inc-estimates-climb/17740/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(EV) Eaton Vance Matches Expectations &#8211; sluggish fee income amid weak fund inflows</title>
		<link>http://www.stockbloghub.com/2009/08/20/ev-eaton-vance-matches-expectations-sluggish-fee-income-amid-weak-fund-inflows/12988</link>
		<comments>http://www.stockbloghub.com/2009/08/20/ev-eaton-vance-matches-expectations-sluggish-fee-income-amid-weak-fund-inflows/12988#comments</comments>
		<pubDate>Fri, 21 Aug 2009 03:55:32 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[AB]]></category>
		<category><![CDATA[AllianceBernstein Holding L.P.]]></category>
		<category><![CDATA[Eaton Vance Corp.]]></category>
		<category><![CDATA[EV]]></category>
		<category><![CDATA[Legg Mason Inc.]]></category>
		<category><![CDATA[LM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=12988</guid>
		<description><![CDATA[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 share came in at 28 cents, matching the Zacks Consensus Estimate. The company stated that quarterly revenue slumped 19% year over year to $228.4 million as investment advisory and administration fees declined 17% to $175.2 million. Distribution and service fees also fell 31% and 26% to $21.7 million and $29.9 million respectively. The slump in fees was caused by a decline in assets under management (AUM) to $143.7 billion, compared to $155.8 billion in the year-ago quarter as clients adopted a cautious approach towards closed-end funds. Eaton’s AUM was particularly ]]></description>
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