Legg Mason

                   
msn.com: Citigroup to announce massive job cuts msn.com

50,000 jobs to go

baltimoresun.com
8 hrs ago 372 related
        

Citigroup announces major cut; it has 6,000 employees in Md. In the biggest round of layoffs seen to date in the battered U.S. financial sector, Citigroup Inc. said yesterday that it plans to cut about 50,000 additional jobs as...

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OUT WITH A YANG

nypost.com
3 hrs ago 5 related
        

In a move aimed at quieting disgruntled investors, Yahoo! said late last night that co-founder Jerry Yang would relinquish his role as CEO of the Internet search giant. Yahoo!'s board has retained executive search firm Heidrick...

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Plunging stocks lead to start of layoffs at mutual funds

usatoday.com
yesterday
        

The long knives are coming out in the mutual fund industry. And, although few have been sent packing lately, many mutual fund managers will be scanning the want ads soon, too. The Dow Jones industrial average has plunged 36%...

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What's so great about bonds? They aren't stocks (the case for investment grade corporate bonds)

freerepublic.com
yesterday 3 related
        

At a funeral one day, the minister stood up and said, "You know, I didn't know Ralph terribly well. Could someone stand up and say something nice about him?" Silence. Finally, a guy stands up in the back of the room to offer...

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Greater transparency could limit risk

ft.com
yesterday
        

High profile US mutual funds have suffered heavy losses as markets have tanked. The Brandywine Fund, once renowned for its stock picking prowess, has slid more than 41 per cent during the first 10 months of the year. Fidelity’s...

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A fresh look at stocks' values

floridatoday.com
16-Nov-2008 2 related
        

ASSOCIATED PRESS • November 16, 2008 Plenty of beaten-down stocks appear to be attractively priced nowadays relative to their earnings. But in an unusual market like this one, figuring out what stocks are good buys is more...

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Legg Mason Hires Sullivan Back From Stifel

globest.com
15-Nov-2008 10 related
        

ST. LOUIS-Sullivan will leave the local firm and hire on as chief administrative officer for the company he left in 2005, and will likely assist in streamlining cuts at the firm. To continue reading this article you must be an...

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Twenty-Four Funds With Staying Power (Screens)

smartmoney.com
14-Nov-2008 4 related
        

As the credit crisis heated up over the last year we thought it would be smart for investors to go with fund managers who have been around the block a time or two. After all, we like the idea of putting money with somebody who...

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Fidelity to cut 1,700 jobs early next year

menafn.com
14-Nov-2008 48 related
        

New cuts will bring planned dismissals to roughly 7% of total workforce By John Letzing, MarketWatch SAN FRANCISCO (Menafn - MarketWatch) -- Fidelity Investments plans to cut roughly 1,700 jobs during the first quarter of 2009,...

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cnn.com: MONEY MAGAZINE cnn.com

'Value trap' kills value funds

cnn.com
13-Nov-2008 8 related
        

Value investors have a simple, elegant strategy. They buy a stock trading cheaply relative to the company's earnings or business value and then patiently wait for the market to catch on to how wonderful it is.

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