BAM-A.TO - Brookfield Asset Management Inc.

Toronto - Toronto Delayed Price. Currency in CAD
57.44
-0.23 (-0.40%)
At close: 4:00PM EDT
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Previous Close57.67
Open57.50
Bid57.40 x 0
Ask57.47 x 0
Day's Range56.97 - 57.54
52 Week Range46.71 - 57.77
Volume535,197
Avg. Volume809,979
Market Cap54.972B
Beta1.07
PE Ratio (TTM)25.59
EPS (TTM)2.24
Earnings DateN/A
Forward Dividend & Yield0.80 (1.50%)
Ex-Dividend Date2018-05-30
1y Target Est51.67
  • Reutersyesterday

    CANADA STOCKS-TSX lower after inflation data bolsters case for rate hike

    * At 9:34 a.m. ET (13:34 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 28.02 points, or 0.17 percent, at 16,197.63. The Bank of Canada, which raised interest rates in July for the fourth time in a year, has an inflation target of 2.0 percent. * Canada's energy regulator said on Thursday it had given the go-ahead for the construction of a large portion of the Trans Mountain expansion project, which will nearly triple capacity on the oil pipeline from Alberta to a Vancouver area port.

  • GlobeNewswire3 days ago

    Brookfield Asset Management Announces Renewal of Normal Course Issuer Bid for Preferred Shares

    BROOKFIELD, NEWS, Aug. 15, 2018-- Brookfield Asset Management Inc. today announced it has received approval from the Toronto Stock Exchange for its proposed normal course issuer bid to purchase up to 10% ...

  • GlobeNewswire10 days ago

    Brookfield Asset Management Reports Second Quarter 2018 Results

    BROOKFIELD, NEWS, Aug. 09, 2018-- Brookfield Asset Management Inc., a leading global alternative asset manager, today announced financial results for the quarter ended June 30, 2018.. Bruce Flatt, CEO ...

  • GlobeNewswire15 days ago

    Brookfield Acquires 100% Leasehold Interest in 666 Fifth Avenue’s Office Condominium

    Euronext: BAMA) today announced it has acquired a 100% leasehold interest in 666 Fifth Avenue’s office condo, a 1.5-million-square-foot building in Midtown Manhattan, through one of its real estate investment funds. Brookfield Properties will operate the building and plans a major redevelopment program to upgrade it. “With its ‘Main and Main’ location, direct transportation access and currently unrefined physical characteristics, 666 Fifth Avenue has the potential to be one of New York City’s most iconic and successful office properties,” said Ric Clark, Senior Managing Partner and Chairman, Brookfield Property Group.

  • Reuters15 days ago

    US demand for second-lien leveraged loans surges

    US credit investors are ramping up their risk by venturing down the capital structure to second-lien loans, which offer higher yields but lower recovery rates. “We are in a positive credit environment, and second quarter earnings have been very strong,” said Michael Nechamkin, co-chief investment officer and senior portfolio manager at Octagon Credit Investors. “That’s the kind of environment where you can take on a little bit more risk.

  • How Brookfield could use Forest City's expertise to help reinvent its D.C. properties
    American City Business Journals17 days ago

    How Brookfield could use Forest City's expertise to help reinvent its D.C. properties

    The $11.4 billion acquisition could bring the expertise that helped craft The Yards in D.C.'s Navy Yard area to bear on other Brookfield properties across Greater Washington.

  • Yards developer Forest City will be sold for $11.4B
    American City Business Journals17 days ago

    Yards developer Forest City will be sold for $11.4B

    Key story highlights: Forest City will be sold to Brookfield Asset Management in a deal valued at $11.4 billion. The Cleveland-based Forest City's subsidiary, Forest City Washington, is responsible for The Yards, Ballston Quarter and part of Southwest D.C.'s Waterfront Station. Forest City's shareholders have pushed for a sale for more than a year.

  • GlobeNewswire18 days ago

    Brookfield and Forest City Announce Acquisition Agreement

    Brookfield Asset Management Inc. (“Brookfield”) (BAM) (BAM-A.TO) (BAMA.NX) and Forest City Realty Trust, Inc. (“Forest City”) (FCE-A) today announced that they have entered into a definitive agreement under which a Brookfield real estate investment fund will acquire all of the outstanding shares of common stock of Forest City for $25.35 per share in an all-cash transaction valued at $11.4 billion, including Forest City’s proportionate share of consolidated and unconsolidated debt. The purchase price represents a premium of 26.6 percent over Forest City's closing share price of $20.03 on June 15, 2018, the day prior to recent market speculation that Brookfield was engaging in discussions to acquire Forest City.

  • Brookfield Agrees to Acquire Forest City in $6.8 Billion Deal
    Bloomberg18 days ago

    Brookfield Agrees to Acquire Forest City in $6.8 Billion Deal

    Brookfield Asset Management Inc. agreed to acquire Forest City Realty Trust Inc. for about $6.8 billion just four months after the real estate investment trust said it planned to remain a standalone company. The Toronto-based alternative asset manager said in a statement Tuesday it will acquire Forest City for $25.35 a share in cash, a 10 percent premium over where shares closed Monday and about 26 percent above where they were trading the day before Bloomberg reported that the pair had restarted talks. “Forest City has created a high-quality portfolio of operating and development assets over its 100-year history,” said Brian Kingston, chief executive officer of Brookfield Property Group.

  • GlobeNewswirelast month

    Brookfield Asset Management 2018 Second Quarter Results Conference Call And Webcast

    Date:   Thursday, August 9, 2018 Time:   11:00 a.m. (Eastern Time) TORONTO, July 13, 2018 (GLOBE NEWSWIRE) -- Second Quarter Conference Call You are invited to participate in Brookfield Asset Management`s ...

  • GlobeNewswirelast month

    Brookfield Asset Management 2018 Second Quarter Results Conference Call And Webcast

    Second Quarter Conference Call You are invited to participate in Brookfield Asset Management’ s 2018 Second Quarter Conference Call & Webcast on Thursday, August 9, 2018 at 11:00 a.m. to discuss with members ...

  • Reuterslast month

    CANADA STOCKS-TSX rises as financials gain from strong jobs data

    Canada's main stock index edged higher on Friday as financial stocks gained after a strong domestic jobs data cemented expectations of fourth interest rate hike of the year next week. * At 10:16 a.m. ET ...

  • Reuterslast month

    CANADA STOCKS-TSX rises, boosted by Enbridge and financial shares

    Canada's main stock index edged higher on Wednesday, helped by gains for heavily-weighted financial shares and Enbridge Inc after the company said it would sell natural gas assets. At 10:16 a.m. EDT (1416 GMT), the Toronto Stock Exchange's S&P/TSX composite index rose 40.14 points, or 0.25 percent, to 16,303.30. Shares of Enbridge rose 1.3 percent to C$46.98.

  • Reuters2 months ago

    Westinghouse eyes Saudi, India deals as end to bankruptcy nears

    U.S. nuclear firm Westinghouse expects to emerge from bankruptcy with sufficient equity in coming weeks and is targeting Saudi Arabia and India for new reactor sales, its CEO said. Canada's Brookfield Asset Management in January agreed to buy Westinghouse from Toshiba for $4.6 billion after cost overruns on U.S. reactors pushed the atomic energy pioneer into bankruptcy in March 2017.

  • Reuters2 months ago

    France's Tereos signs sugar transport, warehouse deal with Brazil's VLI

    Tereos signed a 30-year deal for Brazilian logistic firm VLI to transport 1 million tonnes a year of the French producer's raw sugar, and the two companies also agreed to invest in two new warehouses in Brazil's Sao Paulo state, they said. The deal gives Tereos, the world's second-largest sugar maker, a rail link to the port from its inland production centre in the world's top sugar producer and exporter Brazil. Under the agreement, Tereos will invest 145 million reais ($38 million) and VLI will invest 60 million reais over two years, the companies said in a joint statement.

  • Reuters2 months ago

    oOh!media Limited emerges winner for HT&E's Adshel

    Media company HT&E Limited said on Monday it will sell its out of home business Adshel to oOh!media Limited at implied enterprise value of A$570 million . HT&E said oOh!media Limited will buy its bus stop ...

  • Reuters2 months ago

    Forest City Realty restarts deal talks with Brookfield - BBG

    U.S.-based Forest City Realty Trust Inc has restarted talks with Brookfield Asset Management Inc for a takeover by the Canadian firm, Bloomberg reported https://www.bloomberg.com/news/articles/2018-06-18/forest-city-realty-is-said-to-restart-deal-talks-with-brookfield on Monday, citing people familiar with the matter. In the review, which began in September, Forest City reached out to more than 50 potential acquirers and entered into exclusive talks with a large financial institution, but the talks broke down over price and closing conditions. Forest City Realty mainly focuses on office and apartment buildings in urban markets such as New York and San Francisco, as well as mixed-use urban developments.

  • Forest City Realty Is Restarting Deal Talks With Brookfield
    Bloomberg2 months ago

    Forest City Realty Is Restarting Deal Talks With Brookfield

    Three months after Forest City Realty Trust Inc. said it believed shareholders would be better off if it remained as a standalone company, it’s back in play. The real estate investment trust has restarted talks with Brookfield Asset Management Inc., according to people familiar with the matter. Representatives for Brookfield and Forest City declined to comment.

  • GlobeNewswire2 months ago

    Brookfield Asset Management Announces Results of Annual and Special Meeting of Shareholders

    BROOKFIELD, NEWS, June 15, 2018 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (TSX:BAM.A) (NYSE:BAM) (Euronext:BAMA) today announced that at the company`s annual and special meeting of shareholders ...

  • GlobeNewswire2 months ago

    Brookfield Asset Management Announces Results of Annual and Special Meeting of Shareholders

    BROOKFIELD, NEWS, June 15, 2018-- Brookfield Asset Management Inc. today announced that at the company’ s annual and special meeting of shareholders held earlier today in Toronto, approximately 92% of ...

  • Brookfield CEO Says He May Consider Trans Mountain Investment
    Bloomberg2 months ago

    Brookfield CEO Says He May Consider Trans Mountain Investment

    Brookfield Asset Management Inc., Canada’s largest alternative asset manager, may consider investing in the Trans Mountain pipeline -- if it would produce an attractive return. "We look at all infrastructure,” Chief Executive Officer Bruce Flatt said in an interview at the company’s annual general meeting in Toronto Friday. The federal government announced last month it would buy Kinder Morgan Canada Ltd.’s Trans Mountain pipeline system and its planned expansion project for C$4.5 billion ($3.4 billion).

  • GlobeNewswire3 months ago

    Brookfield Announces Reset Dividend Rate on Its Series 25 Preference Shares

    All amounts in Canadian dollars unless otherwise stated. BROOKFIELD, NEWS, June  01, 2018  (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (TSX:BAM.A) (NYSE:BAM) (Euronext:BAMA) ("Brookfield") ...

  • GlobeNewswire3 months ago

    Brookfield Announces Reset Dividend Rate on Its Series 25 Preference Shares

    All amounts in Canadian dollars unless otherwise stated.. BROOKFIELD, NEWS, June 01, 2018-- Brookfield Asset Management Inc. today announced that it has determined the quarterly dividend on its floating ...

  • GlobeNewswire3 months ago

    Brookfield Asset Management Announces Renewal of Normal Course Issuer Bid

    TORONTO, May 18, 2018 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (BAM) (BAM-A.TO) (BAMA.AS) ("Brookfield") today announced it has received approval from the Toronto Stock Exchange ("TSX") for the renewal of its normal course issuer bid to purchase up to 82,315,909 Class A Limited Voting Shares ("Class A Shares"), representing 10% of the public float of Brookfield`s outstanding Class A Shares. Purchases under the bid will be made through the facilities of the TSX, the New York Stock Exchange ("NYSE") and any alternative Canadian trading system.