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A collection of news and information related to Legg Mason, Inc. published by this site and its partners.

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    Jun 12, 2013 |Story| Baltimore Sun

  1. Legg Mason's new CEO sees compensation more than double

    The compensation of Legg Mason Inc.'s CEO and chief financial officer more than doubled over the year that ended March 31, according to a proxy statement filed Wednesday with regulators.
    The compensation of Legg Mason Inc.'s CEO and chief financial officer more than doubled over the year that ended March 31, according to a proxy statement filed Wednesday with regulators. CEO Joseph A. Sullivan, who took the helm of the Baltimore-based...

    Tags: Proxy Filings, Harbor East, Economy, Business and Finance, Harbor, Companies and Corporations

    2. Jun 6, 2013 |Story| Baltimore Sun

  2. Legg Mason Inc. expands board by adding two directors

    Legg Mason Inc. has expanded its board of directors, adding two independent members, the Baltimore based money manager announced Thursday.
    Legg Mason Inc. has expanded its board of directors, adding two independent members, the Baltimore based money manager announced Thursday. Joining the board are John V. Murphy, a formerly of Korn/Ferry International, and John H. Myers, a retired...

    Tags: Economy, Business and Finance, Companies and Corporations, Corporate Officers

    3. May 22, 2013 |Story| Baltimore Sun

  3. Two key employees leave Legg Mason Capital Management

    Legg Mason Inc. has lost two key employees of its Legg Mason Capital Management, including portfolio manager Mary Chris Gay.
    Legg Mason Inc. has lost two key employees of its Legg Mason Capital Management, including portfolio manager Mary Chris Gay. Gay, manager of an overseas version of the subsidiary's well-known Value Trust fund, and Randy Befumo, head of research at Legg...
    4. May 28, 2013 |Story| Baltimore Sun

  4. T. Rowe Price, Legg Mason offering up ultrashort-term bond funds

    Baltimore's two major mutual fund companies have joined a small but growing number of investment firms offering ultrashort-term bond funds, which may become an alternative to the traditional money market fund.
    Baltimore's two major mutual fund companies have joined a small but growing number of investment firms offering ultrashort-term bond funds, which may become an alternative to the traditional money market fund. The T. Rowe Price Ultra Short-Term Bond...

    Tags: Litigation and Regulation, Credit and Debt, Morningstar Incorporated, Credit Ratings, Economy, Business and Finance

    5. May 3, 2013 |Story| Baltimore Sun

  5. Legg Mason CEO awarded 500,000 in options to purchase stock

    Legg Mason Inc.'s compensation committee awarded CEO Joseph A. Sullivan options to purchase a half million shares of the company stock at $31.46 per share, the Baltimore-based money manager announced in a regulatory filing.
    Legg Mason Inc.'s compensation committee awarded CEO Joseph A. Sullivan options to purchase a half million shares of the company stock at $31.46 per share, the Baltimore-based money manager announced in a regulatory filing. The company said the...

    Tags: Economy, Business and Finance, Companies and Corporations, Corporate Officers

    6. Apr 30, 2013 |Story| Baltimore Sun

  6. Legg Mason reports $29.2M fourth-quarter profit, loss for year

    Legg Mason Inc. reported Tuesday that it earned $29.2 million in its fourth quarter, down about 62 percent from a year earlier due to added real estate expenses.
    Legg Mason Inc. reported Tuesday that it earned $29.2 million in its fourth quarter, down about 62 percent from a year earlier due to added real estate expenses. The Baltimore-based money manager's results still beat analysts' expectations, and its stock...

    Tags: Harbor East, Mergers, Acquisitions and Takeovers, Hurricane Sandy (2012), Economy, Business and Finance, Quarterly or Semiannual Financial Statements

    7. Apr 24, 2013 |Story| Baltimore Sun

  7. T. Rowe Price weighs headquarters move

    T. Rowe Price, a fixture in downtown Baltimore since its founding 76 years ago, is considering moving its headquarters once its current lease expires in 2017, the company said Wednesday.
    T. Rowe Price, a fixture in downtown Baltimore since its founding 76 years ago, is considering moving its headquarters once its current lease expires in 2017, the company said Wednesday. The Baltimore-based money manager is weighing several options,...

    Tags: Constellation Energy Group, Pratt Street, Economy, Business and Finance, Harbor, Companies and Corporations

    8. Apr 23, 2013 |Story| Baltimore Sun

  8. Legg Mason Inc. increases quarterly dividend

    Legg Mason Inc. on Tuesday announced a quarterly divided of 13 cents per share, an 18 percent increase. The Baltimore-based money manager said the dividend will be paid on July 8 for those who are shareholders as of June 11.
    Legg Mason Inc. on Tuesday announced a quarterly divided of 13 cents per share, an 18 percent increase. The Baltimore-based money manager said the dividend will be paid on July 8 for those who are shareholders as of June 11. - Text BUSINESS to 70701 to...
    9. Apr 2, 2013 |Story| Baltimore Sun

  9. Legg Mason CEO shuffles executive team

    Legg Mason Inc.'s new CEO, Joseph A. Sullivan, announced Tuesday a shake-up of his executive team and the exit of some top officials, including one who had been in the running for chief executive.
    Legg Mason Inc.'s new CEO, Joseph A. Sullivan, announced Tuesday a shake-up of his executive team and the exit of some top officials, including one who had been in the running for chief executive. Sullivan, a Legg insider who was named CEO and...

    Tags: Mutual Funds, Global Expansion, Bill Miller, Economy, Business and Finance, Companies and Corporations

    10. Mar 26, 2013 |Story| Baltimore Sun

  10. Legg Mason: Investors' expectations don't reflect bond market reality

    When it comes to generating income from investments, Americans' expectations for returns are significantly higher than what they are actually earning, according to a survey released this morning by Legg Mason Inc. “Our survey is telling us that...

    Tags: Bonds

    11. Mar 15, 2013 |Story| Baltimore Sun

  11. As stock market breaks records, Legg Mason Inc.'s shares hit yearly high

    Legg Mason Inc.'s stock, which has struggled to recover from the financial crisis, hit a new 52-week high last week.
    Legg Mason Inc.'s stock, which has struggled to recover from the financial crisis, hit a new 52-week high last week. It could be a harbinger of a turnaround at the Baltimore-based money manager. Or Legg shares simply may be riding the recent record-...

    Tags: Morningstar Incorporated, Economy, Business and Finance, Stock Market, T. Rowe Price, Finance

    12. Mar 13, 2013 |Story| Baltimore Sun

  12. Legg Mason Inc. completes Fauchier Partners acquisition

    Legg Mason Inc. said Wednesday that it completed the acquisition of Fauchier Partners, a European money manager acquired from BNP Paribas Investment Partners.
    Legg Mason Inc. said Wednesday that it completed the acquisition of Fauchier Partners, a European money manager acquired from BNP Paribas Investment Partners. Legg Mason Inc. said Wednesday that it completed the acquisition of Fauchier Partners, a...

    Tags: BNP Paribas, Economy, Business and Finance, Finance

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Legg Mason, Inc. president and CEO Mark R. Fetting
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Legg Mason, Inc. president and CEO Mark R. Fetting in 2...
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