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

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• Merrill's Thain: Credit Crisis Easing

  By Rina Chandran MUMBAI (Reuters) - The U.S. credit crisis is easing and the risk in its housing market is dramatically lower now, but economic growth will remain under pressure over the next year, the chief executive of Merrill Lynch & Co Inc...

  News items 2008-05-07

  Tags: Asset management, Merrill Lynch & Co. Inc., New York, London, asset, Thomson Reuters Corp.

• Legg Mason Posts First-ever Loss

  By Muralikumar Anantharaman BOSTON (Reuters) - Legg Mason Inc (LM) posted on Tuesday a wider-than-expected quarterly loss, the U.S. money manager's first loss ever, as it took a big charge related to a bail-out of money market funds exposed to risky securities and...

  News items 2008-05-06

  Tags: Asset management, Investment, Financial accounting, Legg Mason Inc., quarterly loss, Boston, equity, asset, Thomson Reuters Corp., S&P 500, Balanced Scorecard, earnings, analyst, net income, performance, security, financial, stock

• 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

• BlackRock Profit Hit By Market Turmoil

  BOSTON (Reuters) - Money manager BlackRock Inc (BLK) reported higher first-quarter profit on Wednesday as assets under management grew, but earnings fell far short of Wall Street estimates, hurt by market turmoil. "As the second quarter begins, markets remain highly unstable...

  News items 2008-04-16

  Tags: Performance management, Investment, Financial accounting, Financial services, turmoil, Merrill Lynch & Co. Inc., Boston, performance, capital market, Thomson Reuters Corp., foreign-exchange, earnings, earnings forecast, asset, hedge fund, quarterly profit, asset manageme

• 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

• Shares fall 10 percent as Baltimore's Legg Mason suffers 1st

  Legg Mason Inc. reported its first loss as a public company Tuesday, surprising analysts with a larger-than-expected fourth- quarter loss of $255.5 million, or $1.81 per diluted share, and the announcement of plans to raise $1 billion through an equity offering. The news sent Legg Mason's stock...

  Articles 2008-05-07

• Spot Runner Receives $51 Million in New Funding From Daily Mail and General Trust, Grupo Televisa, Legg Mason Capital Management and Groupe Arnault/LVMH

  Spot Runner today announced that globalmedia leaders Daily Mail and General Trust (DMGT) and Grupo Televisa, alongwith renowned institutions Legg Mason Capital Management* and GroupeArnault/LVMH, as well as existing investors have made equity investments inthe company totaling $51 million. "These strategic investments serve as a strong validation of Spot Runner'stechnology-driven...

  Articles 2008-05-07

• Fitch Affirms Legg Mason's IDR at 'A'

  CHICAGO -- Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR) of Legg Mason (LM) following its announcement that the company intends to issue mandatorily convertible debt. The Rating Outlook remains Negative. Legg Mason Inc. --Long-term IDR at `A'; --Long-term debt at `A'....

  Articles 2008-05-06

• Legg Mason Reports Results for Fourth Fiscal Quarter and Fiscal Year Ended March 31, 2008

  - Fourth Quarter Loss of $255 Million or $1.81 per Diluted Share - - Net Loss Primarily Driven By Non-Cash Charges to Support Money Market Funds, Reductions in Value of Acquired Wealth Management Contracts - - Assets Under Management of $950 Billion - BALTIMORE,...

  Articles 2008-05-06

• Legg Mason Launches $1 Billion Equity Units Offering

  BALTIMORE, May 6 /PRNewswire-FirstCall/ -- Legg Mason, Inc. today announced that it plans to offer and sell 20 million equity units, each with a stated amount of $50 for an aggregate stated amount of $1 billion. Legg Mason plans to grant the underwriters for the equity units offering...

  Articles 2008-05-06

• LMP Corporate Loan Fund Inc. as of March 31, 2008

  NEW YORK -- LMP Corporate Loan Fund Inc. (NYSE: TLI) announces its portfolio composition as of March 31, 2008. Investment Objective: The Fund's investment objective is to maximize current income consistent with prudent efforts to preserve capital. [TABLE OMITTED][TABLE OMITTED] LMP Corporate Loan Fund Inc., a...

  Articles 2008-05-05

• Western Asset Emerging Markets Income Fund II Inc. as of March 31, 2007

  NEW YORK -- Western Asset Emerging Markets Income Fund II Inc. (NYSE: EDF) announces its portfolio composition as of March 31, 2008. Investment Objective: The Fund seeks high current income. As a secondary objective, the Fund seeks capital appreciation. [TABLE OMITTED][TABLE OMITTED] Western Asset Emerging Markets...

  Articles 2008-05-05

• Western Asset Municipal High Income Fund Inc. as of March 31, 2008

  NEW YORK -- Western Asset Municipal High Income Fund Inc. (NYSE: MHF) announces its portfolio composition as of March 31, 2008. Investment Objective: The Fund seeks high current income exempt from Federal income taxes. [TABLE OMITTED] * Portfolio holdings and weightings are historical and are presented...

  Articles 2008-05-05

• Legg Mason Hosting Conference Call to Discuss Fiscal Fourth Quarter and Year End Operating Results

  -- General Public Invited to Participate Via Special Access Line -- BALTIMORE, May 2 /PRNewswire-FirstCall/ -- Legg Mason, Inc. will announce operating results for its fiscal 2008 fourth quarter and year ended March 31, 2008 on Tuesday, May 6, 2008 in a press release that will...

  Articles 2008-05-02

• Western Asset High Income Fund Inc. Announces Financial Position as of March 31, 2008

  NEW YORK -- Western Asset High Income Fund Inc., which is listed on the New York Stock Exchange under the symbol "HIF," today announced the financial position of the Fund as of March 31, 2008. [TABLE OMITTED] This financial data is unaudited. The Fund files its...

  Articles 2008-04-30

• Legg Mason Announces Quarterly Dividend

  BALTIMORE, April 29 /PRNewswire-FirstCall/ -- Legg Mason announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock in the amount of $0.24 per share. The dividend is payable July 7, 2008 to shareholders of record on the close of...

  Articles 2008-04-29

• LMP Real Estate Income Fund Inc. Announces Results of Annual Meeting of Stockholders

  NEW YORK -- LMP Real Estate Income Fund Inc., which is traded on the New York Stock Exchange under the symbol "RIT," announced today the results of the votes cast at the Fund's annual meeting of stockholders held on April 28, 2008. Daniel P. Cronin, Paolo M. Cucchi,...

  Articles 2008-04-28

• Western Asset High Income Fund Inc. Announces Results of Annual Meeting of Stockholders

  NEW YORK -- Western Asset High Income Fund Inc., which is traded on the New York Stock Exchange under the symbol "HIF," announced today the results of the votes cast at the Fund's annual meeting of stockholders held April 28, 2008. Leslie H. Gelb and Dr. Riordan Roett...

  Articles 2008-04-28

• Legg Mason's manager Bill Miller: 'By far the worst is behind us'

  The Legg Mason Value Trust fund performed terribly last quarter, manager Bill Miller told investors Wednesday, but said "by far the worst is behind us." Miller, the famed manager whose stock picks beat Standard & Poor's 500 stock index for the first 15 of his 17 years...

  Articles 2008-04-24

• Legg Mason Value Trust Letter to Shareholders: First Quarter 2008

  BALTIMORE, April 23 /PRNewswire-FirstCall/ -- LEGG MASON VALUE TRUST Investment Commentary First Quarter 2008 Fund Performance Total returns for the Fund for various periods ended March 31, 2008, are presented below, along with those of a comparative index: ...

  Articles 2008-04-23