Legg Mason (LM)
Legg Mason News
The implied valuation for Western Asset Management is significantly lower than it would receive in a management buyout or as a fully independent public company.
The most recent short interest data has been released by the NASDAQ for the 11/15/2013 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the S&P 500 by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.
TheStreet highlights 5 stocks pushing the financial services industry lower today.
Chaikin money flow can help to confirm breakouts or breakdowns.
Peltz Trian Fund Lifts Legg Mason (LM) Stake Slightly; Exits Sothebys (BID) and State Street (STT) (more..)Street Insider Nov 14
Einhorn's Greenlight Capital Enters Tempur Sealy (TPX), Ups Spirit AeroSystems (SPR), Cuts Rite Aid (RAD) (more...)Street Insider Nov 14
Baltimore-based Legg Mason Inc. reported a surge in its assets under management (AUM) as of Oct 31, 2013, compared with the prior month. Preliminary month-end AUM came in at $669.9 billion, up 2.1% from September-end.
Franklin Resources Inc. declared preliminary assets under management (AUM) of $868.9 billion by its subsidiaries for Oct 2013.
BALTIMORE, Nov. 12, 2013 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $670 billion as of October 31, 2013. October total AUM increased from September primarily ...
Invesco reported a rise in its preliminary month-end AUM for Oct 2013. The AUM for the month was $763.9 billion, up 2.5% from $745.5 billion at the end of Sep 2013.
Bill Miller, the stock picker who rose to fame after beating the Standard & Poor’s 500 Index for a record 15 years, bought J.C. Penney Co. debt for a new Legg Mason Inc. fund that can invest in a mix of ...