$LM News

Last published 2y ago

2y agoDIS IHRT IR IVZ+10Trian Nominates Two Candidates to The Walt Disney Company BoardGlobeNewswireNEW YORK and PALM BEACH, Fla., Dec. 14, 2023 (GLOBE NEWSWIRE) -- Trian Fund Management, L.P. (together with its affiliates, "Trian", "our" or "we"), which beneficially owns $3 billion of common stock in The Walt Disney
6y agoLMThe Royce Fund Announces That Last Remaining Series Approves New Investment Advisory Agreement at Special MeetingPR NewswireThe Royce Fund (the "Trust") today announced that the shareholders of Royce Total Return Fund (the "Fund") voted to approve a new investment advisory ...
6y agoBEN LMEnTrust Global Completes Reacquisition of Legg Mason’s InterestBusiness WireNEW YORK--(BUSINESS WIRE)--EnTrust Global (“EnTrust”), a leading alternative asset management firm, announced today that it has completed its return to an independent, private company after closing on the previously reported transaction with Franklin Resources, Inc. (NYSE: BEN), pursuant to which it reacquired the 65% interest that Legg Mason, Inc. (NYSE: LM) held in EnTrust.
6y agoBEN LMFranklin Templeton Completes Acquisition of Legg MasonBusiness WireSAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. (the “Company”) [NYSE:BEN], a global investment management organization with subsidiaries operating as Franklin Templeton, today announced that it has completed its previously announced acquisition of Legg Mason, Inc. [NYSE:LM] and its specialist investment managers.
6y agoLM BEN IAA DLX+5Sunrun, IAA & Rexford Industrial Realty Set to Join S&P MidCap 400; Bancfirst, Deluxe & Carpenter Technology to Join S&P SmallCap 600PR NewswireS&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the opening of trading on Monday, ...
6y agoLMLegg Mason Reports Results For First Fiscal QuarterPR NewswireLegg Mason, Inc. (NYSE: LM) today reported its operating results for the first fiscal quarter ended June 30, 2020. Quarters Ended Financial Results...
6y agoBEN LMFranklin Templeton Expects to Close Acquisition of Legg Mason on July 31, 2020Business WireSAN MATEO, Calif. & BALTIMORE--(BUSINESS WIRE)--Franklin Resources, Inc. (“Franklin Templeton”) (NYSE: BEN) and Legg Mason, Inc. (“Legg Mason”) (NYSE: LM) announced today that all conditions to the closing of their previously announced merger transaction have been satisfied and the transaction is expected to close on July 31, 2020.
6y agoLM AMZN GOOGLValue Stocks’ Advantage Is Probably Short-LivedBloombergBill Miller is counting on a comeback for growth.
6y agoLMLegg Mason Reports Assets Under Management and Flows for June 2020PR NewswireLegg Mason, Inc. (NYSE: LM) reported preliminary assets under management (AUM) of $783.4 billion as of June 30, 2020. This month's AUM included...
6y agoMORN JPM LM BLK+1Vanguard and State Street Are Resisting the Hot New ETF CrazeBloombergOne of Wall Street’s hottest innovations is being hailed as the potential key to luring trillions of actively managed dollars to the booming market for exchange-traded funds. Yet two of the industry’s biggest players want no part of it for now.
6y agoSF FHN NYCB MKTX+22KBW Announces Index Rebalancing for Second Quarter 2020GlobeNewswireNEW YORK, June 12, 2020 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a full‐service, boutique investment bank and broker‐dealer that specializes in the financial services sector, and a...
6y agoLMLegg Mason Reports Assets Under Management and Flows for May 2020PR NewswireLegg Mason, Inc. (NYSE: LM) reported preliminary assets under management (AUM) of $780.2 billion as of May 31, 2020. This month's AUM included...
6y agoIVZ LM BEN MSMorgan Stanley Eyeing Deals to Get Bigger in Asset ManagementBloombergMorgan Stanley expects to make acquisitions in the asset-management industry, according to Chief Executive Officer James Gorman.
6y agoLM JPM BLKBlackRock Moves Ahead on Plan for ETF That Keeps Holdings SecretBloombergBlackRock Inc. is moving ahead with plans to launch a new kind of exchange-traded fund that hides its holdings.
6y agoLMLegg Mason And ClearBridge Investments Launch Semi-Transparent ETF Using Precidian Investments' Innovative ActiveShares® TechnologyPR NewswireLegg Mason, Inc. (NYSE: LM) and its affiliate, ClearBridge Investments, LLC, today announced the launch of Legg Mason's first exchange-traded fund...
6y agoJPM GS LMLegg Mason’s New ETF Kicks Off With a Secret: Its Stock HoldingsBloombergLegg Mason is starting a value-focused ETF that will conceal its holdings.
6y agoLM BENLegg Mason Shareholders Approve Merger with Franklin TempletonPR NewswireLegg Mason, Inc. (NYSE: LM) announced that its shareholders have voted to approve its proposal to merge with Franklin Resources, Inc. (NYSE:BEN), a...
6y agoLMLegg Mason Reports Assets Under Management and Flows for April 2020PR NewswireLegg Mason, Inc. (NYSE: LM) reported preliminary assets under management (AUM) of $763.1 billion as of Apr 30, 2020. This month's AUM included...
6y agoLMLegg Mason Reports Results for Fourth Fiscal Quarter and Fiscal Year-Ended 2020PR NewswireLegg Mason, Inc. (NYSE: LM) today reported its operating results for the fourth fiscal quarter and the fiscal year ended March 31, 2020. Quarters...
6y agoLMLegg Mason Reports Assets Under Management and Flows for March 2020PR NewswireLegg Mason, Inc. (NYSE: LM) reported preliminary assets under management (AUM) of $730.8 billion as of Mar 31, 2020. This month's AUM included...
6y agoMEET LM EQM BFSTMoore Kuehn, PLLC Encourages Investors of MEET, LM, EQM, and BFST to Contact Law FirmPR NewswireMoore Kuehn, PLLC, a securities litigation law firm located on Wall Street in downtown New York City, is investigating potential claims concerning...
6y agoLMPrecidian Issues Statement on Launch of American Century ActiveShares® ETFPR NewswirePrecidian Investments commented today on the launch of American Century Investment's (ACI) two new Actively Managed ETFs utilizing their proprietary...
6y agoLMLiquidation of Legg Mason Emerging Markets Low Volatility High Dividend ETF (CBOE BZX (Ticker Symbol): LVHE)Business WireNEW YORK--(BUSINESS WIRE)--Legg Mason, Inc. (NYSE: LM) announced today that the Board of Trustees of the Legg Mason Emerging Markets Low Volatility High Dividend ETF (the “fund”) has determined to liquidate the fund. Proceeds of the liquidation are currently expected to be sent to shareholders of the fund on or about May 22, 2020 (the “Liquidation Date”).
6y agoLMLegg Mason Reports Assets Under Management and Flows for February 2020PR NewswireLegg Mason, Inc. (NYSE: LM) reported preliminary assets under management (AUM) of $789.4 billion as of Feb 29, 2020. This month's AUM included...
6y agoGS LM MORN BACOnce Again, It’s During a Stock Rout That Active Managers ShineBloombergAfter a decade-long uphill battle against passive investing, active funds are getting a rare moment of respite, courtesy of the worst equity sell-off since 2018.
6y agoLAZ EVR IVZ V+5Ex-Goldman Banker’s Little M&A Shop Is Having a Breakout MomentBloombergWhen Chris Cole walked away from his post as one of Goldman Sachs Group Inc.’s top investment bankers back in 2016 to co-found a small advisory firm, it wasn’t the best moment. The business his new firm would specialize in -- transactions in the financial services industry -- was sluggish.
6y agoLM RESI ETFC IOTSMoore Kuehn Encourages LM, RESI, ETFC, and IOTS Investors to Contact Law FirmPR NewswireMoore Kuehn, PLLC, a securities law firm located on Wall Street in downtown New York City, is investigating potential claims concerning whether the...
6y agoFB TSLA LM BEN+3We're Still Not Getting Coronavirus RightBloombergFrom markets to governments to health officials, mistakes are being made.
6y agoGE PG BEN LMTrian to Make $70 Million in Nine Months on Legg Mason BetBloombergBillionaire Nelson Peltz stands to make about $266 million over the past decade on two separate investments in Legg Mason Inc., after the asset manager agreed to be acquired Tuesday for $4.5 billion by Franklin Resources Inc.
6y agoAAPL AVGO MU INTC+13Stocks making the biggest moves midday: Apple, Legg Mason, Virgin Galactic, Tesla and moreCNBCThese are the stocks posting the largest moves in midday trading.
6y agoBEN LMEnTrust Global Announces Reacquisition of Legg Mason's InterestPR NewswireEnTrust Global ("EnTrust") announced today that it has entered into a definitive agreement with Franklin Resources, Inc. ("Franklin Templeton")...
6y agoBEN LMFranklin Templeton to Acquire Legg Mason, Creating $1.5 Trillion AUM Global Investment ManagerBusiness WireSAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. (the “Company”) [NYSE:BEN], a global investment management organization operating as Franklin Templeton, today announced that it has entered into a definitive agreement to acquire Legg Mason, Inc. [NYSE:LM] for $50.00 per share of common stock in an all-cash transaction. The Company will also assume approximately $2 billion of Legg Mason ...
6y agoLM BENFranklin Resources Nears All-Cash Deal to Buy Legg MasonBloombergFranklin Resources Inc. is nearing an all-cash offer for asset manager Legg Mason Inc., a deal that would create an investing giant with more than $1 trillion in assets under management, according to people familiar with the matter.
6y agoLMLegg Mason Reports Assets Under Management and Flows for January 2020PR NewswireLegg Mason, Inc. (NYSE: LM) reported preliminary assets under management (AUM) of $806.0 billion as of Jan 31, 2020. This month's AUM included...
6y agoLMLegg Mason Announces Quarterly DividendPR NewswireLegg Mason, Inc. (NYSE: LM) announced today that its Board of Directors has declared a quarterly cash dividend on the Company's common stock in the...
6y agoLMLegg Mason Reports Results For Third Fiscal QuarterPR NewswireLegg Mason, Inc. (NYSE: LM) today reported its operating results for the third fiscal quarter ended December 31, 2019. Quarters Ended Nine Months...
6y agoSTT LM IVZAsset Managers Lock Horns With $7 Trillion Prize Up for GrabsBloombergThere’s a brutal showdown brewing beside the blissed-out beaches of Hollywood, Florida.
6y agoLM AMZN RH FLXN+1Bill Miller’s Hedge Fund Rose 120% in 2019 After Fast FinishBloombergLegendary investor Bill Miller’s hedge fund jumped 120% last year -- and he says it’s because he didn’t stray from his top names.
6y agoLMModi Reform Doubts Prompt Western Asset to Trim Bond HoldingsBloombergWestern Asset Management Co. is reducing its Indian government bond holdings as tensions around a new citizenship law and the Kashmir region cloud the economic outlook.
6y agoLMLegg Mason Reports Assets Under Management and Flows for December 2019PR NewswireLegg Mason, Inc. (NYSE: LM) reported preliminary assets under management (AUM) of $803.5 billion as of Dec. 31, 2019. This month's AUM included...
6y agoLM MORN IVZStar Traders’ Stumbles Give Europe a Lesson in Key-Person RiskBloombergEurope’s money managers have learned a tough message from the meltdown at Swiss investment firm GAM Holding AG and the travails of former star stock pickers such as Neil Woodford: A single person can bring down the whole firm.
6y agoBLK BEN MORN LMT. Rowe’s $1 Trillion Answer to Claims Stock-Picking Is DeadBloombergStock pickers may be under siege after decades of ruling Wall Street, but not every old-school champion of active mutual funds is losing ground to cheaper rivals tracking indexes.
6y agoLMRoyce & Associates, LP Rebrands As Royce Investment PartnersPR NewswireRoyce & Associates, LP, a small-cap equity specialist for more than 45 years, announced a new brand name for the firm—Royce Investment Partners. The...
6y agoSF ARI APO AINV+43KBW Announces Index Rebalancing for Fourth-Quarter 2019GlobeNewswireNEW YORK, Dec. 13, 2019 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a full‐service, boutique investment bank and broker‐dealer that specializes in the financial services sector, and a...
6y agoLMLegg Mason Reports Assets Under Management and Flows for November 2019PR NewswireLegg Mason, Inc. (NYSE: LM) reported preliminary assets under management (AUM) of $790.5 billion as of Nov 30, 2019. This month's AUM included...
7y agoLMLegg Mason Reports Assets Under Management and Flows for October 2019PR NewswireLegg Mason, Inc. (NYSE: LM) reported preliminary assets under management (AUM) of $791.0 billion as of Oct 31, 2019. This month's AUM included...
7y agoLMLegg Mason Announces Quarterly DividendPR NewswireLegg Mason, Inc. (NYSE: LM) announced today that its Board of Directors has declared a quarterly cash dividend on the company's common stock in the...
7y agoLMLegg Mason Reports Results For Second Fiscal QuarterPR NewswireLegg Mason, Inc. (NYSE: LM) today reported its operating results for the second fiscal quarter ended September 30, 2019. Quarters Ended Six Months...
7y agoLMMark Rayner Elevated to Leadership Role for Royce International Premier FundPR NewswireMark Rayner has been elevated to portfolio management leadership for Royce International Premier Fund, effective October 21, 2019. Mark has been a...
7y agoLMLegg Mason Reports Assets Under Management and Flows for September 2019PR NewswireLegg Mason, Inc. (NYSE: LM) reported preliminary assets under management (AUM) of $781.8 billion as of Sept. 30, 2019. This month's AUM included...