Legg Mason (LM)

Add a New Bulls Reason Company: Legg Mason (LM) Current price: Headline: (100 character max) Analysis: Cancel 100% agree 1 votes   Nelson Peltz took a seat on LM's Board of Directors Top Contributor: Thomas Shyr | Created when NYSE:LM was $31.30 | Edit | History In late October of 2009, Nelson Peltz, a widely known constructivist investor took a seat on Legg Mason's Board of Directors after buying 4.3% of the company. While his active management style may contrast with Legg Mason's traditional style of value investing and independence, he has proven to do whatever necessary to raise the share price of companies he has taken a stake in. His presence on the Board of Directors may help boost Legg Mason's share price in the months to follow. (100 character max) Cancel

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.