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A Mutual Fund Legend Steps Down

Posted by forexpromos on November 20th, 2011

Legg Mason’s (LM) Bill Miller was the mutual fund industry’s rock star through the 1990s and the first few years of this millennium. Now he’s unplugging his amp and walking off the stage.

Legg Mason, Inc. (NYSE:LM) reported its operating results for the third fiscal quarter ended December 31, 2010. The Company reported net income (1) of $61.6 million, or $0.41 per diluted share, as compared with $75.3 million, or $0.50 per diluted share, in the previous quarter and $44.9 million, or $0.28 per diluted share in the third quarter of fiscal 2010.

Orofino Gold Corp. (ORFG.PK) has previously acquired a 55% interest in the Mina Azul/La Estrella property with the rights to acquire up to 80%. By acquiring its interest in an established operating mine, Orofino has established itself as a serious participant in the effort to revitalize the Senderos de Oro mining scene.

Crown Equity Holdings, Inc. (OTCBB:CRWE) is pleased to announce its joint venture with Communication Expert Corporation.

The cornerstone of Crown Tele Services Inc. strategy is to meet the highest standards when it comes to delivering VoIP (Voice over Internet Protocol) communications solutions specifically designed to meet the business and residential market needs.

Crown Equity Holdings Inc. (OTCBB:CRWE) discloses that Crown Equity Holdings Inc. has launched its crwenewswire.fr website to provide news in France's native language. Crown Equity Holdings Inc. had previously launched its German website crwenewswire.de and is launching its Canadian website crwenewswire.cn shortly.

Good piece on Legg Mason's role in the emerging landscape of actively-traded ETFs.

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