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Bill Miller's 35-Year Tenure At Legg Mason Comes To An End
Thursday, August 11, 2016 - 3:35pm | 343Stock guru and mutual fund king Bob Miller has left Legg Mason Inc (NYSE: LM). This comes on the heels of his acquiring a 100 percent stake in LMM LLC. He was already holding 50 percent stake. Miller's 3 1/2 decades could be described as success to failure and return to success. He rose to...
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Bill Miller Loves Twitter At $16
Wednesday, February 3, 2016 - 10:34am | 276Shares of Twitter Inc (NYSE: TWTR) were trading higher by more than 2 percent ahead of Wednesday's opening bell. ClearBridge's Bill Miller was a guest on CNBC's Squawk On the Street and apparently said he "loves Twitter at $16." Investors and traders found Miller's...
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Key Takeaways From ARCP 2014 Earnings Call And Presentation
Tuesday, March 31, 2015 - 2:10pm | 742American Realty Capital Properties Inc (NASDAQ: ARCP) on Monday hosted a conference call to discuss the delayed release of its Q4 and FY 2014 results. Additionally, ARCP posted a 24 slide presentation of financial highlights and a review of where the business currently stands. By the end of...
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Experts Talking Gilead, Not Bubbles At Detroit's Engage Conference
Friday, March 27, 2015 - 12:31pm | 957Tim Seymour, Bill Miller, Stephanie Link and Bob Doll all spoke at the Engage conference in Detroit. Follow @Benzinga on Twitter to get more live updates from the conference today. Yesterday in Detroit, four of the savviest investors on Wall Street laid out some solid pieces of wisdom for...
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Did Apple Die With Steve Jobs? You Tell Us
Tuesday, October 8, 2013 - 11:35am | 693This past Saturday, October 5, was the two-year anniversary of the death of Steve Jobs, Apple's (NASDAQ: AAPL) cofounder. "Steve was an amazing human being and left the world a better place. I think of him often and find enormous strength in memories of his friendship, vision and...
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Legg Mason's Bill Miller Talks About The NYSE Takeover On Fox Business
Friday, April 29, 2011 - 6:03pm | 487Legg Mason Chairman and CFO Bill Miller spoke with FOX Business Network's (FBN) Liz Claman about being the second largest shareholder of the New York Stock Exchange (NYSE) and the bidding war between NASDAQ and Deutsche Boerse to gain control of the NYSE. Miller said “if it had to happen right now...
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Healthcare Stocks Set To Perform Well, Says Legg Mason’s (LM) Miller
Monday, March 22, 2010 - 8:01am | 325Bill Miller, chief investment officer at Legg Mason (NYSE: LM), expects U.S. healthcare stocks to perform well over the coming few months. Miller believes that with uncertainty over legislation for reforming the sector now over, healthcare stocks should see a strong performance. On Sunday, a long...
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Bill Miller Says Stocks Undervalued
Wednesday, January 13, 2010 - 4:58pm | 175Legg Mason Value Trust Manager, Bill Miller said in a CNBC interview yesterday that the 10 largest S&P 500 companies are undervalued. These stocks are trading at an average multiple of twelve times earnings and Miller believes that they should be trading at a 14 to 18 earnings multiple. "I...
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Bill Miller Favors JPMorgan (JPM), IBM
Tuesday, January 12, 2010 - 5:05pm | 159Bill Miller, renowned investor and CEO of Legg Mason Capital Management, shared his investment outlook with CNBC. Bill Miller has the distinction of beating S&P 500 for 15 straight years. He said that even in the current economic scenario, ‘there are bargains in plain sight’. He favored IBM (...
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Legg Mason's Bill Miller Makes A Comeback (LM)
Wednesday, December 30, 2009 - 5:20pm | 268For 15 straight years, Bill Miller could do no wrong. During that time period, Miller's Legg Mason Capital Management Value Trust beat the S&P 500 index every single year, a feat which brought Miller considerable notoriety. Starting in 2005, however, Miller's golden touch began to lose its...
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Miller Expects US Economy To Return To Its Earlier Strength
Wednesday, December 30, 2009 - 1:08pm | 154The famous fund manager of Legg Mason (NYSE: LM), Bill Miller, is close to regaining his top position as the best manager, after losing his 15-year record in 2006. Miller is betting on the return of the US economy to its old strength. The data posted by Morningstar Inc (NASDAQ: MORN) in Chicago...