Peltz joins Legg Mason board as Trian buys stake

Billionaire investor and activist shareholder Nelson Peltz is joining the board of directors of asset manager Legg Mason Inc.

0

0

Legg Mason posts 2Q profit, topping Street

Asset manager Legg Mason Inc. on Thursday posted a profit for the second quarter in contrast to a year-ago loss as it cut costs and took smaller charges.

0

0

Legg Mason completes equity unit exchange offer

Asset manager Legg Mason Inc. said Wednesday it completed an offer to exchange "equity units" for stock, with about 91 percent of units tendered.

0

0

Legg Mason shares climb after Peltz report

Shares of Legg Mason Inc. wavered on Thursday, giving up morning gains that followed reports that an activist investor was seeking a bigger stake in the asset management firm.

0

0

Managing the purchase of "troubled assets" from major investment banks is the sort of thing that can only be trusted to the people who got the assets into trouble, right? That must be the logic of this plan to hire Neel Kashkari, a "former" Goldman Sachs banker to oversee the bai …

0

0

Legg Mason, one of the largest holders of Yahoo stock, will back the company's recommendations for its board of directors instead of those offered by dissident investor Carl Icahn.

3

0

Cookie'n'Buzzy go to Washington

Mercenaries, Scandals, Political Appointments and Insider Trading: The Adventures of a Pair of Baltimore Blue-Bloods in their Service of the Nation

21

17