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News Watch
- 10/17/2008 2:15:36 PM
By Chip Brian, SmarTrend Analytics Team
Today, Legg Mason Inc. (NYSE:LM), reported its fiscal results for its 1Q. The company reported a loss of $31.3 million, or $0.22 per share, compared to last year's profit of $191 million, or $1.32 per share. Revenue fell 13% to $1.05 billion from $1.21 billion a year earlier.
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