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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: Harbor East, Corporate Officers, Harbor, Finance, New Products

    2. May 22, 2013 |Story| Baltimore Sun

  2. 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...
    3. May 3, 2013 |Story| Baltimore Sun

  3. 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: Corporate Officers, Companies and Corporations, Economy, Business and Finance

    4. Apr 30, 2013 |Story| Baltimore Sun

  4. 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: Hurricane Sandy (2012), Harbor East, Corporate Officers, Harbor, Finance

    5. Apr 24, 2013 |Story| Baltimore Sun

  5. 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: Pratt Street, Exelon Corp., Rental Service, Stephanie Rawlings-Blake, Harbor East

    6. Apr 23, 2013 |Story| Baltimore Sun

  6. 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...
    7. Apr 2, 2013 |Story| Baltimore Sun

  7. 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: Corporate Officers, Finance, Mutual Funds, Bill Miller, Global Expansion

    8. Mar 26, 2013 |Story| Baltimore Sun

  8. 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

    9. Mar 15, 2013 |Story| Baltimore Sun

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

    10. Mar 13, 2013 |Story| Baltimore Sun

  10. 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: Finance, BNP Paribas, Economy, Business and Finance

    11. Mar 5, 2013 |Story| Baltimore Sun

  11. Legg CFO says company might trim laggard funds and reduce office space

    Legg Mason Inc. might eliminate some of its less popular investment funds and some of its 32 offices as it continues to look at ways to operate more efficiently, the chief financial officer of the Baltimore-based money manager said Tuesday.
    Legg Mason Inc. might eliminate some of its less popular investment funds and some of its 32 offices as it continues to look at ways to operate more efficiently, the chief financial officer of the Baltimore-based money manager said Tuesday. CFO Pete...

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

    12. Feb 17, 2013 |Story| Baltimore Sun

  12. Legg Mason's new CEO draws lessons from hockey

    Raymond "Chip" Mason first met Joseph A. Sullivan over dinner at a Chicago restaurant, where the founder of Legg Mason Inc. interviewed the young bond trading manager for a job with the Baltimore company.
    Raymond "Chip" Mason first met Joseph A. Sullivan over dinner at a Chicago restaurant, where the founder of Legg Mason Inc. interviewed the young bond trading manager for a job with the Baltimore company. A lot of the conversation, Mason recalled, was...

    Tags: Ice Hockey, St. John's University, Personal Finance, Federal Reserve, Religion and Belief

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