Previous Close | 42.51 |
Open | 42.18 |
Bid | 42.07 x N/A |
Ask | 42.08 x N/A |
Day's Range | 41.71 - 42.27 |
52 Week Range | 28.23 - 50.14 |
Volume | |
Avg. Volume | 996,117 |
Market Cap | 17.372B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | 5.91 |
EPS (TTM) | 7.13 |
Earnings Date | N/A |
Forward Dividend & Yield | 1.74 (4.02%) |
Ex-Dividend Date | May 30, 2023 |
1y Target Est | N/A |
(Reuters) -New Zealand's infrastructure investor Infratil said on Wednesday it will acquire Canada's Brookfield Asset Management's stake in One New Zealand for NZ$1.8 billion ($1.1 billion) to strengthen its digital and renewable portfolio. Infratil will have full control over the country's second biggest mobile market operator by market share after buying the 49.95% stake. "Beyond One NZ, we continue to see exciting near-term opportunities for investment across our portfolio, in particular across our digital and renewables platforms," said Jason Boyes, Infratil's chief executive officer in a statement.
(Bloomberg) -- Brookfield Asset Management Ltd. is aiming to raise $15 billion for its fifth flagship real estate fund, less than its previous version, according to people familiar with the matter, as the global property market is roiled by rising borrowing costs.Most Read from BloombergApple Headset Looks Sleek in Person But Battery Pack Stands OutUkraine Dam Blast Blamed on Russia Tips War Into New PhaseApple’s $3,499 Vision Pro Headset Will Test Marketing MightSEC Sues Binance and CEO Zhao fo
BROOKFIELD, NEWS, June 05, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) announced that Bruce Flatt, Chief Executive Officer, is scheduled to deliver the keynote presentation at the Morgan Stanley U.S. Financials, Payments and CRE Conference on Tuesday, June 13, 2023 at 12:00pm ET. Mr. Flatt’s remarks will be webcast live and a link to the webcast will be available in the “Events” section on Brookfield Asset Management’s investor relations website, bam.brookfiel
(Bloomberg) -- Ilija Batljan, the founder and dominant shareholder of embattled Swedish landlord SBB, stepped down as chief executive officer in a dramatic move that highlights the uphill battle he faces to save his $13 billion empire.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthRich Latin Americans Transform Laid-Back Madrid Into a New MiamiHedge Funds at War for Top Traders Dangle $120 Millio
(Bloomberg) -- Brookfield Asset Management Ltd. has emerged as the frontrunner to acquire London-listed Network International Holdings Plc after interest from a consortium backed by CVC Capital Partners cooled, according to people familiar with the matter. Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Passes the House, Easing US Default ConcernsWall Street Banks Are Using AI to Rewire the World
Brookfield stock is somewhat legendary. Is it a buy today? The post Is Brookfield Stock a Buy Now? appeared first on The Motley Fool Canada.
Brookfield Asset Management (TSX:BAM) stock has done well over the years. Is it still a buy? The post Where Will Brookfield Asset Management Stock Be in 3 Years? appeared first on The Motley Fool Canada.
TORONTO, May 24, 2023 (GLOBE NEWSWIRE) -- Partners Value Investments L.P. (the “Partnership”, TSX: PVF.UN TSX:PVF.PR.U) announced today its financial results for the three months ended March 31, 2023. All amounts are stated in US dollars. The Partnership generated net income of $7 million for the quarter ended March 31, 2023, compared to $10 million in the prior year quarter. The decrease in income was primarily driven by lower investment valuation gains on the trading portfolio offset by higher
TORONTO, May 24, 2023 (GLOBE NEWSWIRE) -- Partners Value Investments Inc. (the “Company”, TSX: PVF.WT) announced today its financial results for the three months ended March 31, 2023. All amounts are stated in US dollars. The Company generated net income of $242 million for the three months ended March 31, 2023 compared to $31 million in the prior year period. Net income was higher in the current period primarily due to significant remeasurement gains associated with the retractable shares of $2
Alternative asset managers have built enormous businesses by tapping into institutional capital. Institutional investors like pension funds, endowments, and insurance companies have an estimated $135 trillion to $140 trillion pool of investable capital. Private investors hold the other half, estimated to be between $140 trillion and $150 trillion.
These companies have a high probability of doubling their investors' money by the end of the decade.
Crown Castle (NYSE: CCI), Brookfield Asset Management (NYSE: BAM), and Simon Property (NYSE: SPG) currently stand out to a few Fool.com contributors for their outsize yields. Marc Rapport (Crown Castle): If someone needs to get in touch with you right now and scream about a great stock buy, there's a decent chance that Crown Castle will be the subject of that message.
Brookfield Asset Management will sell two commercial properties in India to a partnership of its locally listed REIT Brookfield India and Singapore sovereign wealth fund GIC in a deal with an enterprise value of $1.4 billion. The properties being acquired are in India's financial capital Mumbai, Maharashtra, and Gurugram, a satellite city of the national capital region. With this acquisition, Brookfield India REIT's portfolio will expand by 35% in total leasable space and 44% in operating area.
Brookfield Asset Management will sell two commercial properties in India to a partnership of its locally listed REIT Brookfield India and Singapore sovereign wealth fund GIC in a deal with an enterprise value of $1.4 billion. Brookfield India REIT, in a statement on Friday, said the deal will increase its gross asset value to $3.5 billion and the net asset value to $2 billion.
Investors on the hunt for discounts should look to snatch up undervalued dividend stocks like Suncor Energy Inc. (TSX:SU) and others in late May. The post 3 Canadian Dividend Stocks That Are Undervalued and Ready to Soar appeared first on The Motley Fool Canada.
Will Brookfield be a leader in 5 years? The post Can Brookfield Stock Fail? appeared first on The Motley Fool Canada.
Wide moat stocks like the Canadian National Railway tend to be good bets for retirees. The post Why These Dividend-Paying Stocks Are Perfect for Canadian Retirees appeared first on The Motley Fool Canada.
Brookfield Corp. and another top Canadian firm look intriguing for long-term TFSA investors The post How to Build a Winning TFSA Portfolio appeared first on The Motley Fool Canada.
In recent years, investors have poured money into alternative investment vehicles like private equity and hedge funds. Because of that, leading alternative investment managers are flush with cash. Industry behemoths Blackstone (NYSE: BX), Brookfield Asset Management (NYSE: BAM), and KKR (NYSE: KKR) have amassed a combined total of $379 billion of dry powder that they can deploy to capitalize on future investment opportunities.
The right buy-and-forget stocks in your TFSA can help you grow your nest egg to a decent size, assuming you keep them long enough. The post TFSA Investors: 3 Nest Egg-Building Stocks You Can Buy and Forget appeared first on The Motley Fool Canada.
Brookfield has long been known for great stock options, but which of these two is the better dividend buy? The post Better Dividend Buy: Brookfield Infrastructure Partners or Brookfield Asset Management Stock? appeared first on The Motley Fool Canada.
Brookfield Asset Management (TSX:BAM) stock is a top-tier choice with more growth than its peers, so why are shares staying steady? The post Brookfield Asset Management Stock: Building a Solid Foundation for Growth appeared first on The Motley Fool Canada.
Brookfield Asset Management ( TSE:BAM ) First Quarter 2023 Results Key Financial Results Revenue: US$966.0m (up 28...
Q1 2023 BROOKFIELD ASSET MANAGEMENT LTD Earnings Call
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,499.31, down 86.42): Enbridge Inc. (TSX:ENB). Energy. Down 21 cents, or 0.39 per cent, to $53.14 on 13.8 million shares. Suncor Energy Inc. (TSX:SU). Energy. Down 50 cents, or 1.26 per cent, to $39.18 on 11.3 million shares. Converge Technology Solutions Corp. (TSX:CTS). Technology. Down 80 cents, or 22.79 per cent, to $2.71 on 6.6 million shares. Manulife Financial Corp. (TSX:M