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LM News and Press, Legg Mason Inc. From 02/18/20

Stock Information

Company Name: Legg Mason Inc.
Stock Symbol: LM
Market: NYSE
Website: leggmason.com

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LM - EnTrust Global Announces Reacquisition of Legg Mason's Interest

NEW YORK , Feb. 18, 2020 /PRNewswire/ -- EnTrust Global ("EnTrust") announced today that it has entered into a definitive agreement with Franklin Resources, Inc. (" Franklin Templeton ") (NYSE: BEN) to reacquire the 65% interest that Legg Mason , Inc. (" Legg Mason ") (NYSE: LM) hol...

LM - Franklin Templeton to pay $4.5B for Legg Mason

Franklin Resources (NYSE: BEN ), aka Franklin Templeton, agrees to buy Legg Mason (NYSE: LM ) for $50 per share in an all-cash transaction, a 23% premium to Legg Mason's closing price of $40.72 on Friday. More news on: Franklin Resources, Inc., Legg Mason, Inc., Financial stocks news, Me...

LM - Franklin Templeton to Acquire Legg Mason, Creating $1.5 Trillion AUM Global Investment Manager

Combined Company to Offer Complementary Investment Strategies through Expanded Global Distribution Platform   Significant Diversification, Including Increased Alternative and Institutional Assets   Transaction Structured to Ensure Continued Autonomy of Legg Mason Affilia...

LM - Wall Street Breakfast: Coronavirus Takes Bite Out Of Apple

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . Apple slipped 3.3% premarket after becoming the first major U.S. company to say it won't meet its revenue projections for the c...

LM - Franklin Resources nears deal for Legg Mason

Amid an industry shift toward passive investing and unprecedented pressures on fees, active asset managers have been hunting for new sources of revenue and ways to slash expenses, such as mergers. More news on: Franklin Resources, Inc., Legg Mason, Inc., Top stock market news, Financial st...

LM - Legg Mason Reports Assets Under Management and Flows for January 2020

BALTIMORE , Feb. 12, 2020 /PRNewswire/ -- Legg Mason , Inc. (NYSE: LM) reported preliminary assets under management (AUM) of $806.0 billion as of Jan 31, 2020 . This month's AUM included long-term net inflows of $0.1 billion , driven by fixed income net inflows of $1.0 billion and ...

LM - Legg Mason, Inc. 2020 Q3 - Results - Earnings Call Presentation

The following slide deck was published by Legg Mason, Inc. in conjunction with their 2020 Q3 earnings Read more ...

LM - Legg Mason Inc (LM) Q3 2020 Earnings Call Transcript

Image source: The Motley Fool. Legg Mason Inc   (NYSE: LM) Q3 2020 Earnings Call Jan 29, 2020 , 5:00 p.m. ET Operator Continue reading

LM - Legg Mason, Inc. (LM) CEO Joe Sullivan on Q3 2020 Results - Earnings Call Transcript

Legg Mason, Inc. (LM) Q3 2020 Earnings Conference Call January 29, 2020 5:00 P.M. ET Company Participants Alan Magleby - Head of Investor Relations Joe Sullivan - Chairman and Chief Executive Officer Pete Nachtwey - Chief Financial Officer Conference Call Participants Bill ...

LM - Legg Mason EPS beats by $0.08, beats on revenue

Legg Mason (NYSE: LM ): Q3 Non-GAAP EPS of $1.03 beats by $0.08 ; GAAP EPS of $0.83 misses by $0.01 . More news on: Legg Mason, Inc., Earnings news and commentary, Financial stocks news, Read more ...

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