|Bid||90.57 x 0|
|Ask||90.57 x 0|
|Day's Range||89.43 - 90.60|
|52 Week Range||58.27 - 90.60|
|Beta (5Y Monthly)||1.07|
|PE Ratio (TTM)||34.82|
|Forward Dividend & Yield||0.95 (1.06%)|
|Ex-Dividend Date||Feb. 26, 2020|
|1y Target Est||52.00|
Brookfield Asset Management Inc. (“Brookfield”) (TSX: BAM.A, NYSE: BAM) today announced the pricing of its previously announced public offering of notes due 2050 (the “notes”). The notes will be issued by Brookfield Finance LLC, an indirect 100% owned subsidiary of Brookfield, and will be fully and unconditionally guaranteed by Brookfield. The net proceeds from the sale of the notes will be used to redeem all of the outstanding Cdn$350 million aggregate principal amount of 5.30% notes due March 1, 2021 issued by Brookfield and the remainder for general corporate purposes.
Brookfield Asset Management Inc. (“Brookfield”) (TSX: BAM.A, NYSE: BAM) today announced that it is commencing a public offering, subject to market and other conditions, of US$600 million of notes due 2050 (the “notes”). The notes will be issued by Brookfield Finance LLC, an indirect 100% owned subsidiary of Brookfield, and will be fully and unconditionally guaranteed by Brookfield. The net proceeds from the sale of the notes will be used to redeem all of the outstanding Cdn$350 million aggregate principal amount of 5.30% notes due March 1, 2021 issued by Brookfield and the remainder for general corporate purposes.
TORONTO — Brookfield Asset Management Inc. says its net income for the fourth quarter was less than half the level a year earlier, in part because of asset sales in the previous year. The company, which reports in U.S. dollars, says it had a net income of $1.64 billion, or 74 cents per diluted share, for the quarter ending Dec. 31, compared with $3.03 billion or $1.87 for the same quarter a year earlier. Revenue was $17.82 billion, up from $16 billion for the same quarter last year.Analysts had expected revenue of $14.6 billion and earnings of 26 cents per share, according to financial markets data firm Refinitiv.The company says it has declared a quarterly dividend of US$0.18 per share, an increase of 12 per cent.It says it has appointed Nicholas Goodman as chief financial officer, replacing Brian Lawson who will continue to serve as a director a vice chairman.On Feb. 7 Brookfield said it had raised US$20 billion for its latest flagship infrastructure fund, including US$5 billion it had committed.This report by The Canadian Press was first published Feb. 13, 2020.Companies in this story: (TSX:BAM.A) The Canadian Press
Net Income of $5.4 billion or $2.60 per shareFFO of $4.2 billion or $4.07 per share BROOKFIELD NEWS, Feb. 13, 2020 -- Brookfield Asset Management Inc. (NYSE: BAM, TSX: BAM.A).
BROOKFIELD NEWS, Feb. 07, 2020 -- Brookfield Asset Management Inc. (“Brookfield”) (NYSE: BAM, TSX: BAM.A) announced today the closing of its latest flagship global.
Brookfield Renewable Partners LP (TSX:BEP.UN)(NYSE:BEP) is the perfect RRSP option in Canada and TFSA investors can buy the success with this related stock.
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Date: Thursday, February 13, 2020Time: 11:00 a.m. (Eastern Time) BROOKFIELD, NEWS, Jan. 17, 2020 -- You are invited to participate in Brookfield Asset Management’s 2019.
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FRANKFURT/DUESSELDORF, Germany (Reuters) - Canada's Brookfield Asset Management has teamed up with Singapore state investor Temasek Holdings [TEM.UL] in the auction for Thyssenkrupp's prized 15 billion euro (12.71 billion pounds) elevator division, two people familiar with the matter said on Friday. The tie-up creates another powerful private equity consortium for the asset, which Thyssenkrupp plans to sell or list, ahead of a Jan. 13 deadline for binding bids. Brookfield and Temasek both declined to comment.
If you're worried about a potential housing market crash, you'd be wise to avoid Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) stock.
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