BAM - Brookfield Asset Management Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
40.52
-0.09 (-0.22%)
As of 12:58PM EDT. Market open.
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Previous Close40.61
Open40.42
Bid40.46 x 900
Ask40.47 x 800
Day's Range40.27 - 40.68
52 Week Range37.22 - 44.33
Volume528,792
Avg. Volume1,004,548
Market Cap38.779B
Beta1.05
PE Ratio (TTM)30.24
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.60 (1.53%)
Ex-Dividend Date2018-02-27
1y Target EstN/A
Trade prices are not sourced from all markets
  • Brookfield CEO Flatt Disagrees With Zell, Sees Opportunities in Real Estate
    Bloomberg Video22 days ago

    Brookfield CEO Flatt Disagrees With Zell, Sees Opportunities in Real Estate

    May.01 -- Bruce Flatt, Brookfield Asset Management chief executive officer, discusses the state of the global real estate market with Bloomberg's Erik Schatzker at the Milken Global Conference in Beverly Hills, California.

  • Moody'syesterday

    Brookfield Finance LLC -- Moody's affirms Brookfield Asset Management's Baa2 rating following change in applicable rating methodology; short term P-2 rating also affirmed

    Moody's Investors Service affirmed the Baa2 unsecured debt rating of Brookfield Asset Management Inc. (Brookfield) and related issuers following a change in the applicable rating methodology. The ratings affirmation reflects the sustainability of cash flow generated by Brookfield's core holdings in property, power, infrastructure, and private and public funds.

  • Reutersyesterday

    Australia's Healthscope rejects takeover bids in strategy to spur better deal

    Australian hospital group Healthscope Ltd (HSO.AX) rejected two takeover approaches on Tuesday and said it will instead explore selling its properties, in what analysts called a risky move that could invite a more favourable takeover bid. The bids come less than four years since the country's second-biggest private hospital operator went public. During that time, the firm has issued at least two profit warnings as Australians increasingly opted for public health services, pushing its shares below their initial public offering price.

  • Financial Times2 days ago

    [$$] Australia’s Healthscope falls after rejecting takeover bids

    Shares in Australian private hospital operator Healthscope fell on Tuesday after it rejected competing takeover proposals from BGH Capital and Brookfield Asset Management, saying they undervalued the company. Healthscope said the board and its advisers believe the proposals, which value the company at more than $3bn, undervalue expected improved operating performance in 2019 and beyond, the value of its property portfolio and the contribution from its investment in the Northern Beaches Hospital. A consortium led by BGH offered $3.1bn to acquire the Melbourne-based hospital operator in April followed by rival a $3.3bn offer from Canada’s Brookfield last week.

  • Reuters2 days ago

    Australia's Healthscope rejects Brookfield, BGH Capital takeover offers

    Australian hospital group Healthscope on Tuesday rejected takeover offers worth more than $3 billion from rival suitors Brookfield Asset Management and BGH Capital, saying both offers undervalue the company. Healthscope also trimmed its earnings guidance and said it has put its Asian pathology business up for sale after receiving approaches from a number of parties. "The Directors have carefully considered each proposal and concluded that neither proposal adequately reflects the long term value of Healthscope, nor its underlying assets nor future potential," Healthscope Chairman Paula Dwyer said.

  • Reuters2 days ago

    Australia's Healthscope denies access to Brookfield, BGH Capital

    Australian hospital group Healthscope said on Tuesday it would not provide due diligence access for takeover offers worth more than $3 billion each from Brookfield Asset Management and BGH Capital, stating both offers undervalue the company. The company also said it expected core earnings from hospital operations to be in the range of A$340 million to A$345 million ($257.89 million-$261.68 million) for fiscal 2018, compared to core earnings of A$359.4 million in 2017.

  • Healthscope Says Bids Undervalue Company, Won't Open Books
    Bloomberg2 days ago

    Healthscope Says Bids Undervalue Company, Won't Open Books

    Australian hospital operator Healthscope Ltd. said two competing takeover bids both undervalue the company and it won’t open its books to either suitor. Instead, Healthscope said Tuesday it was exploring whether to sell and lease back any of its 29 freehold properties, which have a book value of about A$1.3 billion ($986 million). Canada’s Brookfield Asset Management Inc. last week offered A$4.35 billion, or A$2.50 a share, in cash for Healthscope, topping a bid from private equity firm BGH Capital.

  • The Wall Street Journal6 days ago

    Kushner Cos., Brookfield Near a Deal for Stake in 666 Fifth Ave.

    The real-estate arm of Brookfield Asset Management is in advanced talks with Kushner Cos. to purchase roughly a 50% stake in 666 Fifth Ave. and invest hundreds of millions of dollars in the Manhattan office tower, which has been at the center of a controversy over possible conflicts of interest involving President Donald Trump’s son-in-law and top adviser, Jared Kushner. If the deal is finalized, the venture would use the hundreds of millions of dollars of new capital from Brookfield to overhaul the property, which is about 30% vacant. Brookfield, one of the world’s largest commercial real-estate companies, has teamed up with the Kushners on other projects in the past, including redevelopment of the Monmouth Mall in New Jersey.

  • The Wall Street Journal6 days ago

    Kushner Cos., Brookfield Near a Deal for Stake in 666 Fifth Ave.

    The real-estate arm of Brookfield Asset Management is in advanced talks with Kushner Cos. to purchase roughly a 50% stake in 666 Fifth Ave. and invest hundreds of millions of dollars in the Manhattan office tower, which has been at the center of a controversy over possible conflicts of interest involving President Donald Trump’s son-in-law and top adviser, Jared Kushner. If the deal is finalized, the venture would use the hundreds of millions of dollars of new capital from Brookfield to overhaul the property, which is about 30% vacant. Brookfield, one of the world’s largest commercial real-estate companies, has teamed up with the Kushners on other projects in the past, including redevelopment of the Monmouth Mall in New Jersey.

  • Qatar and the Kushners: What to Watch For
    Bloomberg6 days ago

    Qatar and the Kushners: What to Watch For

    As you may recall, the Kushner family owns a troubled skyscraper in Manhattan located at 666 Fifth Avenue. Jared Kushner bought the building in 2007 for a record-setting $1.8 billion, a lofty price that marked the young developer's entry into high-profile New York dealmaking while also threatening to strain his family's personal finances should the transaction not work out. It begins with Kushner, who later became the son-in-law of President Donald Trump, in control of a building with low occupancy rates and not enough cash flow to comfortably manage payments on the buckets of debt he took on to buy it in the first place.

  • Exclusive: Finance giant picks downtown project for 1,000-job Nashville HQ
    American City Business Journals6 days ago

    Exclusive: Finance giant picks downtown project for 1,000-job Nashville HQ

    The company's decision to pursue a lease at this particular project is a milestone whose importance is hard to understate — eliminating the biggest question still looming over the development.

  • Financial Times6 days ago

    [$$] Kushners in talks on deal to rescue New York tower

    on a deal to rescue its investment in a lossmaking Manhattan tower after previous attempts to secure financing from foreign investors stirred controversy in the US. has taken political significance because Jared Kushner, son of the Kushner family patriarch Charles Kushner, is married to Ivanka Trump and serves as a top adviser to President Donald Trump. after it was revealed that they had held talks in 2016 with the chairman of Chinese insurer Anbang about a possible joint venture at 666 Fifth Avenue.

  • Earnings Preview: Can Macy's Maintain Its Momentum?
    Motley Fool9 days ago

    Earnings Preview: Can Macy's Maintain Its Momentum?

    Some analysts think that Macy's stock has risen too far during the past six months. However, the stock still has plenty of upside if management can show that the company's turnaround is on track.

  • Reuters9 days ago

    Australia's Healthscope gets $3.3 billion Brookfield approach, sparking bid war hopes

    Canadian investment firm Brookfield Asset Management made a $3.3 billion approach for Australian hospital group Healthscope, trumping a local buyout proposal and sending shares of the target up to a two-year high on Monday. The approach, disclosed by Healthscope in a statement, sets the scene for a takeover battle for the No. 2 Australian private hospital operator which has seen its shares slide due to high debt and a shift back to public health services after a scandal in the private sector. New Australian private equity player BGH Capital, led by former executives of TPG Capital Management and Macquarie Group Ltd, made an approach worth $3.1 billion on April 26.

  • The Wall Street Journal10 days ago

    [$$] Healthscope Attracts Rival $3.28 Billion Bid From Brookfield

    Ltd. (HSO.AU) as interest in the private-hospital operator’s real estate portfolio continues to heat up. Inc. (BAM.A.T) has made an nonbinding offer valuing Healthscope at about 4.35 billion Australian dollars (US$3.28 billion), topping a bid last month from a group of financial investors. It follows news that a Canadian health care landlord is interested in Healthscope’s hospitals and has picked up a 10% stake in the Australian company.

  • Reuters10 days ago

    Australia's Healthscope gets $3.3 bln bid from Brookfield

    Australian hospital operator Healthscope Ltd on Monday said it received a A$4.35 billion ($3.3 billion) proposal from Canada's Brookfield Asset Management Inc , $180 million more than a private equity firm offered it in April. The A$2.50 per share offer is at a 1.2 percent premium to Healthscope's last close on Friday, and a 23.2 percent premium to its closing price before it received the $3.1 billion offer from BGH Capital and its consortium partners last month. Brookfield plans to let existing Healthscope shareholders invest alongside it in a privatised Healthscope, potentially giving them a “significant minority position” in the company, Healthscope said in a statement.

  • Moody's12 days ago

    BRK Ambiental Participacoes S.A. -- Moody s assigns Ba2/Aa3.br corporate family ratings to BRK Ambiental, outlook is stable

    Moody´s América Latina Ltda., ("Moody´s") today assigned a Ba2 global scale Corporate Family Rating (CFR) and a Aa3.br CFR on the Brazilian national scale (NSR) to BRK Ambiental Participacoes S.A ("BRK Ambiental", or "the company"). The Ba2/Aa3.br CFR ratings for BRK Ambiental reflects (i) the company's solid business profile supported by well-diversified customer base and long term contracts, low demand elasticity and contractual arrangements mitigating revenue risk in public private partnerships and take-or-pay contracts, (ii) adequate liquidity and debt maturity profile as well as good access to debt markets, and (iii) debt at the subsidiaries offering contractual features that provide creditors with additional protection on a significant portion of the company's consolidated debt.

  • The Wall Street Journal13 days ago

    [$$] Brookfield Asset Management More Than Doubles Sales

    The Canadian real-estate giant reported that sales more than doubled to $12.63 billion in the first quarter from $6 billion a year earlier driven by acquisitions and organic growth.

  • Associated Press13 days ago

    Brookfield Asset Management: 1Q Earnings Snapshot

    On a per-share basis, the Toronto-based company said it had profit of 84 cents. The asset management company posted revenue of $12.63 billion in the period. Brookfield Asset Management shares have declined ...

  • Behind Carlyle’s Investment Solutions Segment
    Market Realist15 days ago

    Behind Carlyle’s Investment Solutions Segment

    In 1Q18, Carlyle’s (CG) investment solutions segment’s carry funds rose 4%, and its economic income rose YoY (year-over-year) from $12 million to $16 million. Its last-12-month economic income was $56 million. It had fee-related earnings of $8 million.

  • Here's the timeline and likely destinations for Nashville's new, 1,000-job HQ
    American City Business Journals20 days ago

    Here's the timeline and likely destinations for Nashville's new, 1,000-job HQ

    Though the full impact won't be felt for awhile, the first employees will begin relocating from Manhattan this summer.

  • This High-Yield Renewable Energy Stock's Turnaround Plan Is Starting to Gain Steam
    Motley Fool21 days ago

    This High-Yield Renewable Energy Stock's Turnaround Plan Is Starting to Gain Steam

    TerraForm Power’s first-quarter results show that its strategy is working.

  • Where Brookfield Asset Management Inc’s (TSE:BAM.A) Earnings Growth Stands Against Its Industry
    Simply Wall St.21 days ago

    Where Brookfield Asset Management Inc’s (TSE:BAM.A) Earnings Growth Stands Against Its Industry

    After looking at Brookfield Asset Management Inc’s (TSX:BAM.A) latest earnings announcement (31 December 2017), I found it useful to revisit the company’s performance in the past couple of years andRead More...

  • Brookfield CEO Flatt Disagrees With Zell, Sees Opportunities in Real Estate
    Bloomberg22 days ago

    Brookfield CEO Flatt Disagrees With Zell, Sees Opportunities in Real Estate

    Bruce Flatt, Brookfield Asset Management chief executive officer, discusses the state of the global real estate market with Bloomberg's Erik Schatzker at the Milken Global Conference in Beverly Hills, ...

  • GIP Considers Raising Its Largest Infrastructure Fund
    Bloomberg26 days ago

    GIP Considers Raising Its Largest Infrastructure Fund

    Global Infrastructure Partners, an owner of London’s Gatwick Airport, has started talking to investors about a potential infrastructure fund that could eclipse the record $15.8 billion pool it finished raising last January, according to people familiar with the matter. The New York-based firm began discussions on the possible fund -- whose target could reach or top $20 billion -- with a group of the largest clients in its current vehicle at a dinner it hosted in Berlin last month, said some of the people, asking not to be identified because the information isn’t public. A GIP representative declined to comment.