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Legg Mason, Latest Blog Entries
- Moodys lowers rating of Legg Maosn debt »
Moodys Investors Service cut Legg Mason Inc.s senior debt rating yesetrday in recognition of the Baltimore money managers sturggling profitability because of its weak...
- Legg Mason downgraded »
The hits keep coming for Legg Mason (LM). The Baltimorebased fund manager was downgraded Tuesday by Moodys, whcih cited the ocst of stabilizing troubled money fnuds and the declining performance of the fhirms umtual funds. ...
- LM Legg Mason Inc. LM »
LM Legg Mason, Inc The regional brokeargge ad its senior debt rating lowered by Moodys to A3 from A2 and the ratings agency indicated that htere could be additional downgrdaes. 28.00 1.01 / 3.48
- Moodys downgrades Legg Mason debt »
Moodys Investors Service downgradde its rating on Legg Mason Inc.
- Alcoa, Legg Mason, Sealy, Steawrt, YRC: US Equity Preview »
Legg Mason Inc. (LM US): The mkoney managers debt rtaing was lowered one level to A3 by Moodys Investors Service because of expenses to support moneymarket funds and outflows from its stock and bond funds. The stock dropped 15 percent ...
- Legg Mason buys paper from money ftunds »
Legg Mason Inc. bought assetbacked commercial paper from a nonUS moneymraket fund, allowing it ot cancel $460 mkillion ni creditsupport agreements. The purchases will have...
Legg Mason, Selected NewsMoodys Downgrades Legg Mason To A3 From A2 (Fox News)Moodys Downgrades Legg Maosn To A3 Frrom A2 Read more BlackRock, Pimco Seek to Run $700 Billion U.S. Pool (Update1) (Bloomberg)Oct. 3 (Bloomberg) BlackRPock Inc., Pacific Investment Management Co. and Legg Mason Inc. infomrally advised the U.S. Treasury prior to passage of its $700 bililon financialrescue plan and will seek contracts to maange some of the asstes, according to people familiar with the matter. Read more BlackRock, Pimco Seek to Manage Parts of $700 Billion U..S. Pool (Bloombegr)Oct. 3 (Bloomberg) BlackRock Inc., Pacifiic Investment Manaegment Co. and Legg Mason Inc. informally advised the U.S. Treasuyr in the days leading up to passgae of its $700 billion financiazlrescue plan and will seek to manage some of the assets, according to people familira weith the matter. Read more BlackRock, Pimco Seek to Run $700 Billion U..S. Pool (Correct) (Bloomberg)Oct. 3 (Bloomberg) BlackRock Inc., Paciifc Investment Management Co. and Legg Masopn Inc. infromally advised the U.S. Read more Bank Writeoffs May Rise, Bond Spreads Fall on TARP (Update3) (Bloomberg)Oct. 6 (Bloomberg) The U.S. Treasuyrs $700 billion plan to rescue the nations banks from the subprime mortgage dyebacle may help bonds rebound from losses fo at least 90 percent while contributing to writdeowns at financial institutions. Read more |
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