(BALTIMORE)Legg Mason Inc. said Wednesday it priced an offering of a special class of stock the investment manager is selling to raise $1 billion. The company expects the sale to close Monday...READ MORE
Among the stock activity stories for Tuesday, May 6, from AP Financial News: NEW YORK (AP) _ Shares of Advanced Micro Devices Inc. continued to rise Tuesday as documents revealed t...READ MORE
(NEW YORK)Shares of Anadarko Petroleum Corp. rose to an all-time high Tuesday, posting the biggest gain on the Standard & Poor's 500 and supporting the index to a higher close.READ MORE
Among the earnings stories for Tuesday, May 6, from AP Financial News: ZURICH, Switzerland (AP) _ Adecco SA on Tuesday reported a 3 percent rise in first quarter net profit but the...READ MORE
(BALTIMORE)Legg Mason Inc. plans to raise $1 billion by selling a special kind of stock to raise enough cash to continue supporting company-run funds struggling amid turbulent capital markets...READ MORE
(BALTIMORE)Legg Mason Inc. lost more than $250 million in the fiscal fourth quarter as the investment manager set money aside for possible bailouts of funds suffering from turbulent markets, ...READ MORE
(NEW YORK)Cash is starting to flow out of money market accounts as interest rates on those accounts have tumbled along with the Federal Reserve Board's recent spate of cuts.READ MORE