Legg Mason Inc. turned a $75.9 million profit in the fourth quarter as assets under management increased more than 8 percent over the last year. The Baltimore money manager’s profit of 76 cents per share is a turn from a loss of $45.3 million, or 43 cents per share, in the year-ago quarter. Legg’s results beat Wall Street estimates. Analysts polled by the Thomson Financial Network projected earnings of 71 cents per share. The earnings mark Legg’s fourth straight quarter of profitability. Operating…
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