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Wednesday, April 7, 2010 as of 11:14 AM ET

Legg Mason

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Legg Mason, Inc. () is an American-based global investment management firm with a focus on asset management.

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Get updates on Legg Mason
Barrick Gold Corporation, WellPoint Included in Stocks Up on High Volume Thursday

These stocks are up on high volume today:Barrick Gold Corporation (NYSE:ABX) was up on high volume today, after trading at a volume of 15.

8 million, or 1.7 times its average daily volume. Share price went up 6.2% to $37.41. The stock has fallen over the last three months, dropping $11.04 (-22.8%) from $48.45 on February 21, 2012. The stock has climbed a step closer to its 50-day moving average, sitting at just 94% of the mark.WellPoint (NYSE:WLP) saw its price climb on above-normal volume, as 3.5 million shares, which is 1.7 times the stock's average daily volume, changed hands. At $66.45, share price improved 1.8%. Over the last month, the share price has dropped $2.72 (-3.9%) from $69.17 on April 18, 2012. The stock has climbed a step closer to its 200-day moving average, sitting at just 98.6% of the mark.Southwest Airlines (NYSE:LUV) was up on high volume today, trading with volume of 20.2 million, or 2.8 times its average daily volume. The stock price was up 1.7% to $8.35. The stoc...

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  1. Apple To Pay Quarterly Dividend, Buy Back Stock

    Apple Inc. (AAPL) announced a quarterly dividend of $2.65 a share and plans to buy back as much as $10 billion in stock, heeding calls for the technology heavyweight...

  2. Transitioning from the Endzone to the Corner Office

    Profit Investments CEO Eugene Profit on his shift from the NFL to building an investment firm.

  3. Was Yelp IPO Overvalued?

    Legg Mason Capital Management’s Robert Hagstrom on the firm’s decision not to buy into the Yelp IPO.

  4. Kraft Paying $6 Million To Executive Handling Company's Split

    Kraft Foods (KFT) is paying private-equity executive John Cahill $6 million in total annual compensation to help spearhead the company's planned split into two compa...

  5. Kraft To Pay $6 Mln To Exec Steering Company Split

    Kraft Foods is paying private-equity executive John Cahill $6 million in total annual compensation to help spearhead the company's planned split into two companies l...

  6. Why You Should be a Fan of Dividend Stocks

    Clearbridge Advisors Senior Portfolio Manager Hersh Cohen on the benefits of dividend-paying stocks.

  7. Federated Hits Financials As New Rules Near

    U.S. financial firms with a big business in money-market funds fell Tuesday morning after a report said that the SEC is close to proposing new regulations it hopes w...

  8. Legg Mason's Profit 3Q Slides, Misses Estimates

    Legg Mason Inc's (NYSE:LM) profit in its fiscal third quarter fell by more than half as asset management fees declined and it took a restructuring charge, but outflo...

  9. Should You Invest in Euro Sovereign Debt?

    David Hoffman, Brandywine Global managing director and portfolio manager, on investing in European sovereign debt during the ongoing debt crisis.

  10. Stocks Continue Downward Spiral

    FBN's Adam Shapiro with an afternoon market update, and news that Bill Miller will be leaving Legg Mason this spring.

  11. Star Fund Manager Bill Miller to Exit Legg Mason's Value Trust

    After more than three decades on the job, star fund manager Bill Miller announced on Thursday he will step down as manager of Legg Mason's (NYSE:LM) Value Trust mutu...

  12. Legg Falls As Miller Steps Down, Financials Weaker

    Shares of Baltimore asset manager Legg Mason Inc. fell in early trading on Thursday after the company unveiled a timetable for a management shuffle that will see lon...

  1. J.P. Morgan Weakens On Report, Legg Gains

    U.S. financial stocks were mixed in early trading with few standouts absent J.P. Morgan Chase & Co. and Legg Mason Inc. . Morgan fell 2.5% after a New York Times' re...

  2. Financial Sector Wrap

    The Financial sector (XLF) held steady on a trading day that saw S&P 500 drop 0.4%.The ETF, as a proxy for the sector, tracked closer to the overall market today tha...

  3. New Corporate Bond Volume Slows; No Major Deals Wednesday

    The pace of corporate bond issuance slowed down Wednesday, but enough small deals got done to suggest investor appetite remains in place despite several days of dete...

  4. SINA Corporation, Darden Restaurants Included in Stocks Up on High Volume Wednesday

    A few stocks are up on high volume today:SINA Corporation (NASDAQ:SINA) is seeing its price rise on above-normal volume today, as 6.9 million shares, 3.1 times the s...

  5. Legg Mason Shares Jump On $1.25 Bln Refi, Buyback

    Shares of Legg Mason Inc. jumped Wednesday after the asset manager said it planned to refinance $1.25 billion in debt. Shares rose 8.6% to $24.30 in recent activity....

  6. AOL Gets Boost from Patent Sale to Microsoft

    Legg Mason Funds’ Robert Hagstrom on the impact of AOL’s sale of more than $1 billion in patents to Microsoft on the two companies.

  7. Legg Top Financial Mover, Sector Up 22% YTD

    Shares of Legg Mason Inc. rose more than 2% on Monday and was the biggest financial sector gainer on Monday. The Financial Select Sector SPDR ETF , which tracks the ...

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