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Legg Mason income up in second quarter

Legg Mason, Inc. Thursday reported net income of $94.5 million and adjusted income of $129.3 million in the first fiscal quarter of this year compared to $72.2 million and $107.2 million, respectively, for the same quarter last year. For the current quarter, operating revenues were $708.6 million, up 2 percent compared to $693.9 million in the first quarter of  the last ...

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