Legg Mason Inc. (LM) is in the Financial Services Industry

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• An Open Letter to Bill Miller

  Jonathan Heller submits: Dear Bill, I hope you are well these days. I understand it’s been a difficult time for you lately, and I’d imagine you’ve had many sleepless nights. I trust that there are better days ahead for you. I hope for your sake, as well as for...

  External links 2008-07-22

  Tags: Financial, Legg Mason Inc.

• Legg Mason averts Yahoo! proxy fight with Icahn

  Legg Mason Capital Management portfolio manager, Bill Miller, has rescued Yahoo! from its nasty proxy fight with billionaire investor, Carl Icahn. Miller, who controls 4.4% of Yahoo! shares, says he stands behind the board's decision to reject Microsoft's recent offer to buy the company's search business. At the company's...

  News items 2008-07-21

  Tags: Legg Mason Inc., Yahoo! Inc., Icahn Enterprises LP, Microsoft Corp.

• Legg's Miller Backs Yahoo in Proxy War With Icahn

  By Muralikumar Anantharaman and Eric Auchard BOSTON/SAN FRANCISCO (Reuters) - Fund manager Bill Miller, one of Yahoo Inc's YHOO top shareholders, dealt a blow on Friday to billionaire investor Carl Icahn's two-month campaign to replace the Internet firm's directors, throwing his support ...

  News items 2008-07-18

  Tags: Corporate governance, Financial accounting, Legg Mason Inc., Yahoo! Inc., shareholder, billionaire investor, board, Carl Icahn, slate, fund manager, Internet company, search business, director, Mr., capital management, capital market, Thomson Reuters Corp., stock price, Mi

• Top Funds May Have Lost $4 Billion on Freddie, Fannie This Week

  By Muralikumar Anantharaman BOSTON (Reuters) - Some of the best known U.S. fund firms probably suffered significant losses in this week's meltdown in the stocks of mortgage finance agencies Fannie Mae FNM and Freddie Mac FRE. Among the casualties may be the one-time...

  News items 2008-07-11

  Tags: Investment, Financial accounting, Freddie Mac, Legg Mason Inc., Fannie Mae, Morningstar Inc., fund company, S&P 500, meltdown, mutual fund, agency, Boston, stock, capital management, America, Thomson Reuters Corp., housing market, Bush Administration, performance, analyst, e

• Second Quarter Earnings Expectations

  Hickey and Walters Bespoke submit: With earnings season starting this week, below we highlight the current estimated second quarter earnings growth for the S&P 500 and its ten sectors.  As shown, Financials and Consumer Discretionary are once again expected to drag down the index as a whole.  Financials...

  External links 2008-07-07

  Tags: US Market, Financial, Apache Corp., ConocoPhillips Co., Chevron Corp., KeyCorp, Legg Mason Inc., Merrill Lynch & Co. Inc., Integrys Energy Group Inc., Tesoro Corp.

• Legg Manager Unsure If to Support Icahn Versus Yahoo

  By Muralikumar Anantharaman CHICAGO (Reuters) - A portfolio manager for Yahoo Inc's YHOO third-largest institutional shareholder, Legg Mason Capital Management, said on Friday he is not sure if he will support activist investor Carl Icahn's board slate. Icahn is seeking to oust Yahoo's...

  News items 2008-06-27

  Tags: Corporate governance, SEARCH, Legg Mason Inc., activist investor, Yahoo! Inc., Morningstar Inc., capital management, devil, slate, sideline, Chicago, shareholder, severance package, search business, board, founder, Internet search advertising, Microsoft Corp., Thomson Reut

• 6 Stock Picks for a Weak Market - Barron's Interview

  Barron's interviews Legg Mason LM value investors Harry Cohen and Scott Glasser, whose Legg Mason Partners Appreciation outdid the S&P 500 by nine points over the past year, despite losing 0.69%. They say the time to get bearish was a year ago -- now it's time to be...

  External links 2008-06-22

  Tags: Legg Mason Inc., US Market, E. I. Du Pont de Nemours & Co., Kraft Foods Inc., Kimberly-Clark Corp., Newfield Exploration Co., PPG Industries, Travelers Companies Inc., Exxon Mobil Corp.

• Legg Mason Struggles

  Hickey and Walters Bespoke submit: Even the best are struggling.  As of yesterday's close, Bill Miller's Legg Mason Value Trust was down 22.7% on the year versus the S&P 500's decline of 8.55%.  Mr. Miller's fund performance is doing nothing to help out Legg Mason's stock LM either. ...

  External links 2008-06-21

  Tags: Legg Mason Inc., Financial

• Legg Mason, Inc. F4Q08 (Qtr. End 03/31/08) Earnings Call Transcript

  Legg Mason, Inc. F4Q08 (Qtr. End 03/31/08) Earnings Call Transcript

  Earnings calls 2008-05-06

  Tags: Legg Mason Inc., Call Transcript, Earnings, Seeking Alpha, Financial Accounting, Finance

• Legg Mason Manager Sees End of Panic, Start of Value

  Bill Miller famously outperformed the S&P 500 for the first 15 years he managed Legg Mason's Value Fund. Almost as famously, he has underperformed that benchmark for the last two years. Now he's sticking his neck out and saying the worst is likely over in the financial sector. For...

  Blog posts 2008-04-24

  Tags: Financial, Legg Mason Inc., Equity, Miller, Financial Accounting, Investment, Financial Services, Finance, Kevin Kelleher

• Legg Mason, Inc. F3Q08 (Qtr. End 12/31/07) Earnings Call Transcript

  Legg Mason, Inc. F3Q08 (Qtr. End 12/31/07) Earnings Call Transcript

  Earnings calls 2008-01-30

  Tags: Legg Mason Inc., Call Transcript, Earnings, Seeking Alpha, Financial Accounting, Finance

• Legg Mason F2Q08 (Qtr End 9/30/07) Earnings Call Transcript

  Legg Mason F2Q08 (Qtr End 9/30/07) Earnings Call Transcript

  Earnings calls 2007-10-24

  Tags: Legg Mason Inc., Call Transcript, Earnings, Seeking Alpha, Financial Accounting, Finance

• Legg Mason F1Q08 (Qtr End 6/30/07) Earnings Call Transcript

  Legg Mason F1Q08 (Qtr End 6/30/07) Earnings Call Transcript

  Earnings calls 2007-07-24

  Tags: Legg Mason Inc., Call Transcript, Earnings, Seeking Alpha, Financial Accounting, Finance

• TrendAlert: Lowry's Reports V. Legg Mason - The $20 Million Copyright Wake-Up Call

  Copyright infringement is just one of the fronts in a broader battleground loosely referred to as "corporate compliance." This paper looks at Lowry's Reports v. Legg Mason, an important recent court decision in the field of copyright law, and analyzes its implications for copyright compliance activities and processes. The facts...

  White papers 2004-04-09

  Tags: Vertical industries, Legg Mason Inc., compliance, government, copyright law, environment

Additional Resources

• Fitch Affirms Legg Mason's IDR at 'A'; Outlook Remains Negative

  NEW YORK -- Fitch Ratings has affirmed the long-term Issuer Default Rating IDR of Legg Mason LM following the firm's recent announcement that it has entered into capital support agreements CSAs with three additional money market funds managed by a subsidiary of the company. The Rating Outlook remains Negative. ...

  Articles 2008-07-03

• Baltimore-based Legg's shares drop as ratings services revise

  Legg Mason Inc. shares hit a five-year low Tuesday after the company announced it will cut earnings and ratings services downgraded outlooks. Shares of the Baltimore-based investment manager's stock fell 9 percent to $39.62 during New York Stock Exchange trading Tuesday before rebounding to close at $41.25,...

  Articles 2008-07-02

• The Daily Record News Summaries: July 1, 2008

  Legg to protect 3 funds Legg Mason Inc. said it entered agreements to protect three money- market funds against potential losses that will cut earnings in the three months ended today by 64 cents a diluted share. The Baltimore- based money manager said it will provide as...

  Articles 2008-07-01

• Legg Mason Provides Money Market Fund Update

  BALTIMORE, June 30 /PRNewswire-FirstCall/ -- Legg Mason, Inc. announced that the Company has entered into capital support agreements CSAs to support three money market funds managed by a subsidiary of the Company. Neither the funds nor their shareholders incurred a loss in these transactions. Legg Mason...

  Articles 2008-06-30

• Week in Review

  What cost renaissance? A new report co-authored by Loyola College Economics Professor Stephen J.K. Walters questions whether Baltimore's downtown renaissance has made the city hostile to private investment. The study targeted the city's high property tax rate and use of eminent domain to assemble large parcels of...

  Articles 2008-06-27

• A costly lesson for those bitten by big name, hall of shame dog

  INVESTORS are losing thousands by putting their money in so- called "dog funds" that turn in a woeful performance year on year. Many well-known names make it into the hall of shame, and some do not make the grade even after three and five years. If you...

  Articles 2008-06-08