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Jobless Claims Get Better, but Remain at High Level

Legg Mason Inc

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  • Stay Diversified for the Long Haul: Legg Mason CEO Friday, 28 Oct 2011 | 4:19 PM ET

    With October's recent stock market rally, it was no September to remember for Legg Mason. The manager of $612 billion in assets had a 25 percent drop in net income as falling stocks prompted its institutional investors to pull out or rebalance their portfolios. But in October, "things are looking a lot better," Chief Executive Mark Fetting told CNBC Friday.

  • Inside Legg Mason's Business  Friday, 28 Oct 2011 | 3:16 PM ET

    For the second quarter, Legg Mason plunged 25% as customers pulled money out of the markets and the company's investments lost value. Discussing the current state of business is Mark Fetting, Legg Mason chairman/CEO.

  • 4 Spectacular Fund-Manager Blowups of 2011 Wednesday, 31 Aug 2011 | 12:09 PM ET

    Many investors have been tested this year, as a confluence of events, from natural disasters to an unexpectedly weakening economy, has pummeled stocks. A report from TheStreet details four high-profile, respected fund managers who have struggled this year.

  • The best outcome for the United States is "some nominal growth or some acceleration in nominal growth," Wayne Lin, portfolio manger and investment strategy analyst for Legg Mason Global Asset Allocation, told CNBC Tuesday.

  • Pisani: Futures Pop on Nonfarm Payrolls Thursday, 28 Jul 2011 | 9:40 AM ET

    S&P futures popped about 6 points when initial jobless claims for the week, at 398,000, were lighter than expected. Stocks are oversold—some agreement on the debt ceiling should lead to a gap up.

  • Earnings Roundup: May 3 Tuesday, 3 May 2011 | 5:25 PM ET

    What follows is a roundup of corporate earnings reports for Tuesday, May 3.

  • Stocks End Mixed in Choppy Session Tuesday, 3 May 2011 | 4:53 PM ET

    Stocks pared losses in the final hour of trading on Tuesday amid a sell-off in energy and materials stocks, as commodities sank in the wake of a nearly eight percent decline in silver prices.

  • Stocks Trim Losses Ahead of the Close Tuesday, 3 May 2011 | 3:55 PM ET

    Stocks pared losses in the final hour of trading on Tuesday amid a sell-off in energy and materials stocks, as commodities sank in the wake of a nearly eight percent decline in silver prices.

  • Legg Mason Q4 Earnings Results  Tuesday, 3 May 2011 | 3:33 PM ET

    Shares of Legg Mason fell today despite better than expected earnings. Breaking down Q4 numbers and looking at plans for future growth, with Mark Fetting, Legg Mason chairman & CEO.

  • Bill Miller

    Here's what you should be watching Wednesday, March 23.

  • Stocks to Watch: Sherwin Williams, McDonald's and More ... Wednesday, 19 Jan 2011 | 11:02 AM ET
    Six in 60

    Here's why you should keep a close eye on these six stocks.

  • The Market’s 12 Gifts of Christmas Thursday, 9 Dec 2010 | 6:48 PM ET

    Who says nothing of importance happened on Thursday? Plus, a call on Lululemon Athletica.

  • Stocks End Mixed; Nasdaq Hits 3-Year High Thursday, 9 Dec 2010 | 4:36 PM ET

    Stocks trimmed losses to end narrowly mixed Thursday as Treasury prices firmed and the dollar stabilized. McDonald's and DuPont fell, while BofA rose.

  • Stocks Trim Losses Before Close; Banks Rise Thursday, 9 Dec 2010 | 3:55 PM ET

    Stocks eased losses ahead of the close Thursday as Treasury prices firmed, but gains were limited by a stronger U.S. dollar. DuPont and McDonald's fell, while BofA rose.

  • Stocks Waver Ahead of Bond Auction; BofA Rises Thursday, 9 Dec 2010 | 12:37 PM ET

    Stocks declined Thursday as Treasurys erased most of their gains ahead of a 30-year bond auction and despite evidence the U.S. economy continues to improve.  DuPont and Travelers fell, while BofA rose.

  • Earnings Roundup: Oct. 27 Wednesday, 27 Oct 2010 | 9:53 AM ET

    What follows is a roundup of corporate earnings reports for Wednesday, Oct. 27.

  • Are Bulls About To Send Bears Into Hibernation? Monday, 26 Jul 2010 | 5:22 PM ET

    By Monday’s close the bulls were claiming victory after the Dow turned positive for the year and the S&P broke above a key technical level. Are the bears going into hibernation?

  • Earnings Roundup: July 26 Monday, 26 Jul 2010 | 4:22 PM ET

    What follows is a roundup of corporate earnings reports for Monday, July 26.

  • Is It Time to Scrap the Greenback? Friday, 23 Jul 2010 | 8:25 AM ET

    Is it time to move to coins? Share your opinion.

  • Are Large-Cap Stocks A Bargain? Thursday, 22 Jul 2010 | 7:52 AM ET

    Is it time to buy or is there still too much volatility? Share your opinion.