FOXBusiness.com: Legg Mason reports quarterly loss on asset writedowns

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Legg Mason reports quarterly loss on asset writedowns Feb 1st 2013, 14:27 Legg Mason Inc reported a quarterly loss on Friday on charges for impaired assets and continued outflows from its equity and bond funds, and the asset manager said it should name a permanent CEO soon.

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FOXBusiness.com: Legg Mason says Permal deal could spread to other units

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Legg Mason says Permal deal could spread to other units Feb 1st 2013, 14:38 Legg Mason Inc sees the new revenue share agreement that it established with its affiliate Permal as a "good framework to create a strong alignment for other affiliates," said Joseph Sullivan, interim chief executive officer, on the firm's third-quarter earnings call Friday morning.

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FOXBusiness.com: U.S. Treasuries debt pares losses after non-farm payrolls data

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U.S. Treasuries debt pares losses after non-farm payrolls data Feb 1st 2013, 14:40 Prices for U.S. Treasuries pared losses and turned positive after nonfarm payrolls data on Friday.

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FOXBusiness.com: Fed's Dudley floats even broader revamp of wholesale funding

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Fed's Dudley floats even broader revamp of wholesale funding Feb 1st 2013, 14:42 The United States could adopt even broader reforms of the wholesale funding markets than currently being considered, including forcing firms to rely more on longer-term funding or expanding the U.S. Federal Reserve's backstop, an influential Fed official said on Friday.

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FOXBusiness.com: Chevron profit rises on refining and asset swap gain

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Chevron profit rises on refining and asset swap gain Feb 1st 2013, 14:46 Chevron Corp posted a rise in quarterly profit on Friday as its refining arm managed to improve earnings despite the crippling of the company's oldest refinery last August by a fire.

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FOXBusiness.com: Mattel disappoints in holiday quarter; shares fall

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Mattel disappoints in holiday quarter; shares fall Feb 1st 2013, 14:47 Mattel Inc missed Wall Street's profit and sales estimates for the fourth quarter on weak demand for its mainstay Barbie dolls and movie-themed toys in a holiday season plagued by concerns about the U.S. economy.

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FOXBusiness.com: Legg Mason CFO says will report lease write-offs

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Legg Mason CFO says will report lease write-offs Feb 1st 2013, 14:52 Legg Mason Inc Chief Financial Officer Peter Nachtwey said the company will report lease write-off charges in the current quarter of $45 million to $55 million.

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