LM News and Press, Legg Mason Inc. From 05/29/19

This article is part of a series that provides an ongoing analysis of the changes made to Nelson Peltz’s 13F portfolio on a quarterly basis. It is based on Peltz’s regulatory 13F Form filed on 05/15/2019. Please visit our Tracking Nelson Peltz’s Trian Fund Management Po...

Legg Mason (NYSE: LM ) is cutting 120 jobs and streamlining its executive committee as activist investor Nelson Peltz joins the asset manager's board, Bloomberg reports, citing a memo to its staff. More news on: Legg Mason, Inc., Financial stocks news, Read more ...

NEW YORK , May 21, 2019 /PRNewswire/ -- Precidian Investments today announced that the U.S. Securities and Exchange Commission (SEC) granted exemptive relief for Precidian's non-transparent exchange-traded fund (ETF) structure, ActiveShares®. Once approved for listing and tr...

Legg Mason (NYSE: LM ) says it has increased the size of its board to 12 members from 10 and has appointed Trian Fund Management founding partners Nelson Peltz and Ed Garden to the board, settling a potential proxy fight. More news on: Legg Mason, Inc., Financial stocks news, Read mo...

BALTIMORE , May 20, 2019 /PRNewswire/ --Legg Mason, Inc. (NYSE: LM) announced today that it has increased the size of its Board of Directors from 10 to 12 members and has appointed Nelson Peltz and Ed Garden of Trian Fund Management, L.P. ("Trian Partners") to the Company's Board of D...

I monitor dividend increases for stocks on my watch list of dividend growth stocks to identify candidates for further analysis. Companies that regularly increase their dividends show confidence in future earnings growth potential. I look for dividend increase announcements for stocks in the ...

Introduction The Dividend Champions list is a monthly compilation of companies which have consistently increased their annual dividend payouts, and the latest edition may be found here . However, since this list is only produced once per month, the data in it can quickly get out of date. Fu...

Legg Mason (NYSE: LM ) is near a settlement that would give activist Trian Fund Management three or four seats on its board and avoid a proxy fight, WSJ reports. More news on: Legg Mason, Inc., Financial stocks news, Read more ...

Morgan Stanley analyst Michael Cyprys sees Legg Mason's (NYSE: LM ) reported talks with activist investor Nelson Peltz motivate the mutual fund firm to enact "deeper change" than was being considered in the past. More news on: Legg Mason, Inc., Financial stocks news, Read more ...

Legg Mason (NYSE: LM )  +2.3% after-hours following a WSJ report that says Trian Fund Management may wage an activist campaign at the money manager in a push to improve weak results. More news on: Legg Mason, Inc., Financial stocks news, Stocks on the move, Read more ...