Legg Mason (LM) AUM Slipped to $737.2B in August 2016
- Stocks and yen struggle as tech troubles weigh
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- Yen at multi-decade lows, dollar drops before US data
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
Legg Mason Reports Assets Under Management and Flows For August 2016
September 13, 2016 8:01 AM EDTBALTIMORE, Sept. 13, 2016 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of approximately $737.2 billion as of August 31, 2016. This month's AUM included long-term inflows of $1.5 billion, driven by fixed income inflows of $2.1 billion and breakeven alternative[1] flows, partially offset by equity... More