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Legg Mason, Inc.

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    Feb 13, 2013 |Story| Baltimore Sun
  1. Sullivan named Legg Mason CEO and president

    Legg Mason Inc. chose an insider as its new CEO, quelling speculation that the Baltimore-based money manager might  be headed for a breakup that could have been bad news for the city.
    Legg Mason Inc. chose an insider as its new CEO, quelling speculation that the Baltimore-based money manager might be headed for a breakup that could have been bad news for the city. After a worldwide search for a new leader, Legg announced Wednesday...

    Tags: Morningstar Incorporated, T. Rowe Price, Stock Market, University of Pennsylvania, Mutual Funds

  2. Feb 11, 2013 |Story| Baltimore Sun
  3. Report: Legg Mason to announce new CEO this week

    The Wall Street Journal reported Monday that Legg Mason Inc. is expected to announce its new CEO as early as Wednesday and also will likely name a new independent board member.
    The Wall Street Journal reported Monday that Legg Mason Inc. is expected to announce its new CEO as early as Wednesday and also will likely name a new independent board member. The Baltimore-based money manager has been without a permanent leader...

    Tags: The Wall Street Journal, Newspaper and Magazine, Corporate Officers, Companies and Corporations

  4. Feb 8, 2013 |Story| Baltimore Sun
  5. Industry experts suggest what Legg Mason's new CEO must do

    After more than four months without a permanent leader, Legg Mason Inc.'s search for a new CEO might finally be near the end.
    After more than four months without a permanent leader, Legg Mason Inc.'s search for a new CEO might finally be near the end. It probably can't come soon enough for employees and investors who have lived through months of uncertainty. "The longer it...

    Tags: Bill Miller, T. Rowe Price, Mutual Funds, Employees, College Park (Prince George's, Maryland)

  6. Feb 7, 2013 |Story| Baltimore Sun
  7. Legg Mason pays at least $80 million for European money manager

    Legg Mason Inc. said it agreed to pay $80 million for European fund manager Fauchier Partners, plus as much as an additional $56 million in the next four years if certain financial targets are achieved.
    Legg Mason Inc. said it agreed to pay $80 million for European fund manager Fauchier Partners, plus as much as an additional $56 million in the next four years if certain financial targets are achieved. Though Legg announced in December its plan to...

    Tags: BNP Paribas

  8. Feb 1, 2013 |Story| Baltimore Sun
  9. Legg Mason reports loss of nearly $454 million

    Legg Mason Inc. reported Friday a $453.9 million loss for the third quarter, following a previously announced $734 million writedown of certain assets.
    Legg Mason Inc. reported Friday a $453.9 million loss for the third quarter, following a previously announced $734 million writedown of certain assets. On a per-share basis, the Baltimore-based money manager lost $3.45. For the corresponding quarter a...

    Tags: Corporate Officers, Morningstar Incorporated, Buyback, Stock Market, Companies and Corporations

  10. Jan 28, 2013 |Story| Baltimore Sun
  11. Legg Mason seeks to sublease space at Harbor East headquarters

    Legg Mason Inc. is looking to sublease 78,000 square feet on three floors at its headquarters in Harbor East.
    Legg Mason Inc. is looking to sublease 78,000 square feet on three floors at its headquarters in Harbor East. The Baltimore-based investment management firm is consolidating its space, partly due to the recently announced merger of Legg Mason Capital...

    Tags: Harbor East

  12. Jan 4, 2013 |Story| Baltimore Sun
  13. Legg Mason Capital Management's chief investment strategist resigns

    Legg Mason Capital Management's chief investment strategist, Michael J. Mauboussin, resigned as of Jan. 2, said Mary Athridge, Legg Mason Inc.'s spokeswoman. Mauboussin's resignation is not a surprise, and he's expected to announce his plans in the...

    Tags: Columbia University, Bill Miller

  14. Jan 22, 2013 |Story| Baltimore Sun
  15. Legg Mason Inc. to take $734 million charge

    Legg Mason Inc. will take a $734 million impairment charge largely related to a drop in value of certain fund contracts, the Baltimore-based money manager disclosed Tuesday in a filing with the Securities and Exchange Commission.
    Legg Mason Inc. will take a $734 million impairment charge largely related to a drop in value of certain fund contracts, the Baltimore-based money manager disclosed Tuesday in a filing with the Securities and Exchange Commission. Last month, Legg...

    Tags: Mutual Funds, Finance

  16. Jan 17, 2013 |Story| Baltimore Sun
  17. Storied Legg Mason unit to merge into New York sister subsidiary

    Legg Mason Inc. plans to lay off an undisclosed number of employees as it folds its once high-profile Legg Mason Capital Management unit in Baltimore into a much larger investment division based in New York.
    Legg Mason Inc. plans to lay off an undisclosed number of employees as it folds its once high-profile Legg Mason Capital Management unit in Baltimore into a much larger investment division based in New York. Capital Management rose to fame under star...

    Tags: Bill Miller, Corporate Officers, Morningstar Incorporated, T. Rowe Price, Finance

  18. Dec 12, 2012 |Story| Baltimore Sun
  19. Legg Mason accelerates dividend payment

    Legg Mason Inc. announced Wednesday that it would accelerate a quarterly dividend that was to be paid out in January. The cash dividend of 11 cents per share will be paid out on Dec. 28, instead of Jan. 7. The Baltimore-based investment company becomes...

    Tags: Credit Ratings, U.S. Congress

  20. Dec 13, 2012 |Story| Baltimore Sun
  21. Legg Mason plans to acquire European provider of funds of hedge funds

    Baltimore-based Legg Mason Inc. announced Thursday morning it has agreed to acquire Fauchier Partners, a manager of funds of hedge funds based in Europe. The terms of the deal were not disclosed. Fauchier will be merged into Legg's subsidiary Permal, an...

    Tags: Mutual Funds, Finance

  22. Dec 5, 2012 |Story| Baltimore Sun
  23. Monumental undertaking

    Tonight, we celebrate the season with the lighting of Baltimore's Washington Monument. But unless we take needed action, we are at risk of losing this festive tradition — along with one of our city's most iconic landmarks.
    Tonight, we celebrate the season with the lighting of Baltimore's Washington Monument. But unless we take needed action, we are at risk of losing this festive tradition — along with one of our city's most iconic landmarks. Sadly, the monument...

    Tags: Mount Vernon Place, Culture, George Washington, Washington Monument, Baltimore School for the Arts

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Legg Mason, Inc. Photos
Legg Mason, Inc. president and CEO Mark R. Fetting
(July 22, 2008)
Legg Mason, Inc. president and CEO Mark R. Fetting
Legg Mason, Inc. president and CEO Mark R. Fetting in 2...
(July 22, 2008)
Mark R. Fetting
Legg Mason Inc. Chairman and CEO Raymond A. "Chip" Maso...
(October 23, 2002)
Legg Mason Chairman and CEO Raymond A. &quot;Chip&quot; Mason