Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: Legg Mason Inc.

Legg Mason’s second quarter profit down 25 percent

Asset manager Legg Mason Inc. on Thursday said its fiscal second-quarter profit plunged 25 percent as its customers pulled money out of the markets, which experienced the worst quarter since the economic crisis, and its investments lost value. The results, ...

Read More »

Fetting says Legg still has work to be done

As part of its continuing restructuring efforts, Legg Mason Inc. said Tuesday that it had laid off 180 people, about 5 percent of its workforce, at the beginning of the month. The staff reduction, part of an effort to save ...

Read More »