Legg Mason Inc


  • Feb 27- Fund managers in the United States raised their recommended exposure to North American debt to the highest in nearly four years in February, but made minor changes to their overall global model portfolios, a Reuters poll showed. "The U.S. economy will continue to grow but probably not at as fast a pace as in the last two quarters I think the Fed will be very...

  • Investors in beat-up oil bonds lean on banks for rescue Wednesday, 17 Dec 2014 | 1:00 AM ET

    BOSTON, Dec 17- Independent oil exploration and production companies are leaning heavily on bank credit lines to survive plunging crude prices, making it a nervous time for U.S. funds holding their junk-rated debt. 'said Francis Bradley III, a Greenberg Traurig attorney in Houston who specializes in energy company financing deals. " U.S. mutual funds hold an...

  • Midday movers: Biogen Idec, Priceline, BP & more Tuesday, 2 Dec 2014 | 12:43 PM ET
    Wall Street subway station NYSE

    Some of Tuesday's midday movers

  • Oil price collapse roils US junk bond funds Tuesday, 2 Dec 2014 | 1:00 AM ET

    BOSTON, Dec 2- Collapsing energy prices have hit hard U.S. corporate junk bond funds, putting them on track for their worst performance in six years by squeezing the exploration and drilling companies that have been among most active issuers of high-yield debt. Last week's decision by the Organization of the Petroleum Exporting Countries to refrain from...

  • Nelson Peltz resigns from Legg Mason board Monday, 1 Dec 2014 | 6:45 PM ET

    Dec 1- Activist investor Nelson Peltz resigned from the board at Legg Mason Inc to focus on other commitments, the asset manager said on Monday. Peltz, Chief Executive and a founding partner of Trian Fund Management LP, was chairman of Legg Mason's corporate governance committee. Under Chief Executive Joseph Sullivan, who took charge in February 2013, Legg Mason...

  • Fed day: Give these guys your money Wednesday, 29 Oct 2014 | 8:41 AM ET
    Federal Reserve Board Chair Janet Yellen.

    Investors betting on rising rates and bank stocks may want to consider fund managers, especially with the Fed in no rush to push rates up.

  • Cramer: Billionaire investor about to unlock value Wednesday, 17 Sep 2014 | 6:33 PM ET
    Key and keyhole

    Cramer has been a fan of this stock for quite some time. However, he's just found another reason to buy and it's a big one.

  • Google made more IPO money my way: Bill Hambrecht Tuesday, 19 Aug 2014 | 10:58 AM ET

    If Google had used a traditional IPO process when its stock debuted 10 years ago, it would have made less money, the Silicon Valley pioneer who crafted the deal tells CNBC.

  • Cramer: Piggyback Peltz into BNY Mellon Monday, 14 Jul 2014 | 6:44 PM ET
    Nelson Peltz

    Cramer rarely likes to play piggyback and follow another investor into a stock. But this is an exception.

  • Lightning Round: Chiptole, Gilead & more Thursday, 19 Jun 2014 | 6:50 PM ET

    It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Stifel to buy Legg Mason's advisory unit Wednesday, 4 Jun 2014 | 8:11 AM ET

    Stifel Financial said it would buy asset manager Legg Mason's investment advisory unit to expand its wealth management business.

  • Why Warren Buffett's wrong on bitcoin: Bill Miller Thursday, 10 Apr 2014 | 10:07 AM ET
    Legg Mason chairman and CIO Bill Miller speaks at the Morningstar Investment Conference in Chicago.

    Legg Mason's Bill Miller may have lost 20 percent of his investment in bitcoin, but he's still bullish on its potential.

  • US bonds on track for biggest gain since May 2012 Friday, 31 Jan 2014 | 3:37 PM ET

    Treasurys rose on month-end buying and lingering concerns about EM economies, putting safe-haven bonds on track to notch strong gains in January.

  • U.S. stock index futures signaled a steep drop at the start of trading on Wall Street Friday, ahead of fourth quarter earnings from Chevron and MasterCard.

  • Legg Mason to pay $21M to settle US civil charges Monday, 27 Jan 2014 | 12:42 PM ET

    A unit of asset manager Legg Mason will pay more than $21 million to settle civil cases with that accused the company of hiding losses from investors.

  • As Mondelez gets Peltz’d, should you buy? Tuesday, 21 Jan 2014 | 6:26 PM ET

    Cramer’s proprietary research shows that if you follow this activist investor into a stock, you win.

  • Midday stock movers: Netflix, Twitter, Express & More Monday, 13 Jan 2014 | 12:57 PM ET

    Some of Monday's midday movers:

  • Your first trade for Monday Friday, 1 Nov 2013 | 6:23 PM ET
    Fast Money Final Trade

    The "Fast Money" traders share their final trades of the day.

  • Twitter prepares to feed new hunger for IPOs Monday, 28 Oct 2013 | 6:32 AM ET

    As Twitter begins an eight-city road show, it will be entering one of the strongest markets for IPOs in three years.

  • Squawking 'Win US Back,' Spanx, hedge fund titans Friday, 18 Oct 2013 | 5:59 AM ET

    It was a "Who's Who" of guests on "Squawk Box"—everybody from Buffett to Bowles, Tepper to Cooperman, and McCain to Corker. "Talking Squawk," the official show blog, covers them all.