39.00 -0.20 (-0.51%)
After hours: 4:21PM EDT
|Bid||37.22 x 100|
|Ask||50.00 x 400|
|Day's Range||38.35 - 39.24|
|52 Week Range||36.32 - 44.33|
|PE Ratio (TTM)||29.25|
|Forward Dividend & Yield||0.60 (1.53%)|
|1y Target Est||48.00|
Bondholders led by Avenue and Brookfield are calling for the company to exchange $559 million in unsecured notes for new secured bonds and equity, the people said. Jones Energy has over $1 billion in debt. The bondholders are just the latest investors urging Jones Energy to explore options to restructure its balance sheet and sell assets.
The Blackstone Group (BX) has an NTM (next-12-month) price-to-book ratio of 3.5x, higher than peers’ average ratio of 3.1x. Competitors Ares Management (ARES), Brookfield Asset Management (BAM), and Ameriprise Financial (AMP) have NTM price-to-book ratios of 4.4x, 1.5x, and 3.3x, respectively. Blackstone may have a higher valuation due to its 1Q18 numbers exceeding analysts’ expectations and its AUM (assets under management) rising in 1Q18.
In 1Q18, The Blackstone Group’s (BX) Hedge Fund Solutions saw an inflow to its total AUM (assets under management) of $3.9 billion. During the same period, the BPS Composite witnessed a 1.3% gross return and a 1.1% net return amid market fluctuation. Hedge Fund Solutions’ total revenue fell 23% YoY (year-over-year) to $140.4 million from $182.2 million, and its principal investment income fell 94% YoY to $1 million from $17.6 million. The division’s performance revenue also fell YoY, to $15.2 million from $33.4 million.
Brookfield Asset Management is the latest global landlord to form a venture-capital unit to plow money into the growing number of potentially disruptive technologies in the real-estate business. Toronto-based Brookfield, which has $285 billion in assets under management, plans to invest $200 million to $300 million over the next three years in startups in its four business lines: real estate, infrastructure, power and private equity, according to Stewart Upson, a Brookfield managing partner. Brookfield also plans to raise third-party capital to invest together with the firm’s money, he said.
Moody's Investors Service assigned a corporate family rating of Ba2 to GGP Inc. ("GGP") and a senior secured rating of Ba3 to GGP's proposed bank credit facility currently being marketed. The rating outlook is stable.
GrafTech International Ltd, a maker of graphite electrodes used in the production of steel, raised $525 million in its U.S. initial public offering on Wednesday, a source familiar with the matter said, ...
BROOKFIELD, NEWS, April 16, 2018 (GLOBE NEWSWIRE) -- (NYSE:BAM)(TSX:BAM.A)(EURONEXT AMSTERDAM:BAMA) 2018 First Quarter Conference Call Date: Thursday, May 10, 2018 Time: 11:00 a.m. (Eastern Time) Annual ...
BROOKFIELD, NEWS, April 16, 2018--. You are invited to participate in Brookfield Asset Management’ s 2018 First Quarter Conference Call & Webcast on Thursday, May 10, 2017 at 11:00 a.m. to discuss with ...
Equinox Payments , a leading provider of payment terminals, applications and support services, today announced that their Apollo, L5000 and Luxe terminal lines are being enhanced to support contactless chip technology for JCB cards.
Amid talk of trade wars and tariffs, globetrotting billionaire Bruce Flatt says Brookfield will plow a third of its assets into China in the next quarter century. Inside the plan of the $285 billion in assets investing giant.
A look at the charts and indicators will bring in another investment approach to improve our odds of success in this endeavor.
The project, to be built on land owned by the Queen Emma Land Co., will still reserve 20 percent of the total units, or 89 apartments including 54 existing units slated for redevelopment, as affordable for families earning 80 percent or less of the area median income.
Wall Street analysts expect The Carlyle Group (CG) to see EPS (earnings per share) of $0.54 in 1Q18, reflecting a substantial decline YoY (year-over-year). They gave a high estimate of $0.71 and a low estimate of $0.22. EPS are expected to fall mainly due to outflow from debt markets impacting its global credit segment.
Date: Monday, May 7, 2018 Time: 11:00 a.m.. BROOKFIELD NEWS, April 06, 2018-- You are invited to participate in Brookfield Business Partners’ 2018 First Quarter Conference Call & Webcast on Monday, May ...
The co-working company, valued at $20 billion, shows no signs of slowing after a blockbuster year in 2017.
GrafTech expects its initial public offering of 37.8 million shares to be priced between $21 and $24 a share. The maker of graphite products is backed by Brookfield Asset Management and has applied to ...
BROOKFIELD, NEWS, April 02, 2018 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (NYSE:BAM) (TSX:BAM.A) (Euronext:BAMA) announced today that it has filed its 2017 annual materials on Form 40-F, including ...
BROOKFIELD, NEWS, April 02, 2018-- Brookfield Asset Management Inc. announced today that it has filed its 2017 annual materials on Form 40‑ F, including its audited financial statements and management’ ...
NEW YORK, March 28, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
GGP Inc., the second-largest U.S. mall landlord, agreed Monday to be taken over by a unit of Toronto-based Brookfield Asset Management Inc. Bloomberg's Ed Hammond has more on "Bloomberg Markets." ...
Brookfield, which already owned 34 percent of GGP, played a major role in helping the Chicago-based mall operator emerge out of bankruptcy in 2010.