NEW YORK, NY--(Marketwire -04/09/12)- www.SignalWatcher.com provides members with proprietary analysis of over 10,000 stocks which is updated every day. Today, members can receive their complimentary stock analysis on The Bank of New York Mellon Corporation (NYSE: BK - News) and Legg Mason Inc. (NYSE: LM - News). Sign up now on www.SignalWatcher.com to get your free reports on these stocks.
Market fluctuations and a cloudy economic outlook have put a premium on lowering expenses and streamlining operations for asset managers.
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Rising costs have affected nearly all asset managers but legal battles have compounded this problem for a select few. The Bank of New York Mellon Corp. was relieved to hear that five out of nine claims brought against it were dismissed in a California court last week. The remaining four will be moved to out of state courts but the dismissal bodes well not only for BNY's bottom-line but also for its relationships with clients. www.SignalWatcher.com gives traders a unique insight about The Bank of New York Mellon Corporation by registering now at http://signalwatcher.com/BK/April092012.php.
Lowering expenses and streamlining operations has also become a greater priority for asset managers amidst economic uncertainty. Legg Mason Inc. is moving closer to its goal of slashing expenses by $140 million by the end of fiscal 2012. www.SignalWatcher.com gives traders a unique insight about Legg Mason Inc. by registering now at http://signalwatcher.com/LM/April092012.php.
Moving forward, improved market conditions would be a welcome sign for asset managers but internal efforts to improve efficiency may yet create growth opportunities for several companies.
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