BBU - Brookfield Business Partners L.P.

NYSE - NYSE Delayed Price. Currency in USD
38.19
-0.04 (-0.10%)
At close: 4:02PM EDT
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Previous Close38.23
Open38.52
Bid38.16 x 800
Ask38.40 x 900
Day's Range38.19 - 38.86
52 Week Range29.82 - 46.55
Volume14,850
Avg. Volume16,300
Market Cap4.934B
Beta (3Y Monthly)1.55
PE Ratio (TTM)35.00
EPS (TTM)1.09
Earnings DateN/A
Forward Dividend & Yield0.25 (0.63%)
Ex-Dividend Date2019-05-30
1y Target Est46.75
Trade prices are not sourced from all markets
  • PR Newswire5 days ago

    Westinghouse Announces Chief Executive Officer Transition; Appointment of Patrick Fragman as CEO

    CRANBERRY TOWNSHIP, Pa., May 16, 2019 /PRNewswire/ -- Westinghouse Electric Company ("Westinghouse") announced today that José Emeterio Gutiérrez will step down as President and Chief Executive Officer on July 31, 2019, following more than a decade of service with the company. Patrick Fragman, currently Group Senior Vice President at ABB Limited, has been appointed as President and CEO effective August 19. In the interim, an Executive Committee comprised of members of Westinghouse's senior leadership team will manage the day-to-day affairs of the company.

  • Moody's18 days ago

    Teekay Offshore Partners L.P. -- Moody's says Teekay's ratings unaffected following announced plan to sell remaining TOO equity ownership

    Moody's Investors Service ("Moody's") said that Teekay Corporation's (Teekay or Parent, B3 stable) plan to sell its remaining minority interests in Teekay Offshore Partners L.P. (TOO, B3 stable), one of its two master limited partnership (MLP) subsidiaries, for $100 million to Brookfield Business Partners LP is credit positive. Despite this credit profile enhancement, Teekay's ratings remain unchanged at this time, including the B2 rating on the new secured bond and B3 Corporate Family Rating.

  • GlobeNewswire19 days ago

    Teekay Corporation Announces Pricing of $250 Million Private Offering of Senior Secured Notes

    Teekay Corporation (Teekay or the Company) (TK) announced today the pricing at par of $250 million in aggregate principal amount of 9.25% senior secured notes due November 2022 (the Notes).  The Company decided to reduce the offering amount from $300 million as a result of its previously announced agreement to sell the Company’s remaining interests in Teekay Offshore Partners L.P. (Teekay Offshore) (NYSE: TOO) to Brookfield Business Partners L.P. (BBU)(BBU-UN.TO), together with its institutional partners (collectively Brookfield), for $100 million in cash. The Notes are being offered to eligible purchasers under Rule 144A and Regulation S of the U.S. Securities Act of 1933, as amended (the Securities Act).

  • PR Newswire20 days ago

    Clarios Launches as a World Leader in Advanced Energy Storage Solutions

    Clarios was acquired by Brookfield Business Partners and operates as a global energy storage business generating $8 billion in revenues with more than 16,000 employees, 56 facilities worldwide and 130 years of expertise. Clarios will build on its leading position in vehicle battery technologies – producing one-third of the industry's total output per year – while more aggressively exploring ways to meet the fast-growing energy storage needs of tomorrow.

  • Brookfield Business Partners L.P. (BBU) Q1 2019 Earnings Call Transcript
    Motley Fool20 days ago

    Brookfield Business Partners L.P. (BBU) Q1 2019 Earnings Call Transcript

    BBU earnings call for the period ending March 31, 2019.

  • Johnson Controls: Net proceeds of Power Solutions sale exceed projections by $200M
    American City Business Journals20 days ago

    Johnson Controls: Net proceeds of Power Solutions sale exceed projections by $200M

    In the company's second quarter earnings call Wednesday, Brian Stief, Johnson Controls' executive vice president and chief financial officer, said the net proceeds from the deal reached $11.6 billion, $200 million more than the company initially estimated.

  • Clarios HQ to share building with Johnson Controls; no local job cuts in the works
    American City Business Journals20 days ago

    Clarios HQ to share building with Johnson Controls; no local job cuts in the works

    The rebranded company will work hard to market itself as Clarios, referring to its former name and parent company for just a short time following Tuesday's sale closure.

  • PR Newswire21 days ago

    Clarios launches as a world leader in advanced energy storage solutions

    Clarios was acquired by Brookfield Business Partners and operates as a global energy storage business generating $8 billion in revenues with more than 16,000 employees, 56 facilities worldwide and 130 years of expertise. Clarios will build on its leading position in vehicle battery technologies – producing one-third of the automotive industry's total output per year – while more aggressively exploring ways to meet the fast-growing energy storage needs of tomorrow.

  • GlobeNewswire21 days ago

    Brookfield Business Partners Reports 2019 First Quarter Results

    BROOKFIELD, NEWS, May 01, 2019 -- Brookfield Business Partners L.P. (NYSE: BBU) (TSX: BBU.UN) (“Brookfield Business Partners”) announced today financial results for the quarter.

  • GlobeNewswire22 days ago

    Teekay Offshore Partners Reports First Quarter 2019 Results

    Revenues of $336.6 million and net loss of $2.6 million, or ($0.03) per common unitAdjusted net income attributable to the partners and preferred unitholders(1) of $29.5.

  • GlobeNewswire22 days ago

    Teekay Corporation Agrees to Sell Remaining Interests in Teekay Offshore to Brookfield for $100 Million

    Teekay Corporation (Teekay or the Company) (TK) announced today an agreement to sell to Brookfield Business Partners L.P. (BBU)(BBU-UN.TO), together with its institutional partners (collectively Brookfield), all of the Company’s remaining interests in Teekay Offshore Partners L.P. (Teekay Offshore) (TOO), which includes the Company’s 49% general partner interest, common units, warrants, and an outstanding $25 million loan from the Company to Teekay Offshore, for total proceeds of $100 million in cash.

  • GlobeNewswire26 days ago

    Teekay Group Announces First Quarter 2019 Earnings Results Conference Calls

    HAMILTON, Bermuda, April 25, 2019 -- Teekay Offshore Partners L.P. (Teekay Offshore) (NYSE:TOO) plans to release its financial results for the first quarter of 2019 before.

  • GlobeNewswire27 days ago

    Brookfield Business Partners to Sell BGRS

    BROOKFIELD NEWS, April 25, 2019 -- Brookfield Business Partners L.P. (NYSE:BBU) (TSX:BBU.UN) ("Brookfield Business Partners") today announced an agreement to sell its 100%.

  • Moody's27 days ago

    Teekay Corporation -- Moody's assigns B2 rating to Teekay's new senior secured notes, affirms B3 CFR; outlook stable

    Moody's Investors Service, ("Moody's") assigned a B2 rating to Teekay Corporation's ("Teekay" or "Parent") proposed senior secured notes due in 2024. Concurrently, Moody's affirmed Teekay's B3 Corporate Family Rating ("CFR") and SGL-3 Speculative Grade Liquidity rating, denoting adequate liquidity.

  • GlobeNewswire28 days ago

    Teekay Offshore Partners Declares Distributions on Series A, B and E Preferred Units

    HAMILTON, Bermuda, April 24, 2019 -- Teekay Offshore GP LLC, the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE:TOO), has declared.

  • Here's Why Shares of GrafTech Plunged on Monday
    Motley Fool29 days ago

    Here's Why Shares of GrafTech Plunged on Monday

    The materials specialist was hit by a double downgrade.

  • Moody's29 days ago

    BIFM CA Buyer Inc. -- Moody's assigns B3 CFR to BIFM CA Buyer Inc. (acquirer of BGIS); outlook is stable

    Moody's Investors Service ("Moody's") assigned ratings to BIFM CA Buyer Inc. ("BIFM"), consisting of a B3 corporate family rating (CFR), B3-PD probability of default rating, and B1 ratings to its proposed senior secured revolving credit facility and senior secured first lien term loan, with BIFM US Finance LLC as a co-borrower. BIFM is a newly formed acquisition vehicle by CCMP Capital Advisors LP (CCMP), a private equity firm, to acquire BGIS Group ("BGIS") from Brookfield Business Partners for about C$1.4 billion.

  • GlobeNewswire2 months ago

    Teekay Offshore Partners Secures New $414 Million Debt Facility for Four Shuttle Tanker Newbuilds

    Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (TOO) announced today that it has secured a new $414 million long-term debt facility that will be used to finance four LNG-fueled Suezmax DP2 shuttle tanker newbuildings.  Upon delivery in 2019 and 2020, two of the vessels will commence operations under the Partnership’s Master Agreement with Equinor, while the remaining two vessels will join the Partnership’s contract of affreightment (CoA) shuttle tanker portfolio in the North Sea. “We are grateful for the continued strong support we receive from our growing bank group, as represented by our new $414 million debt facility,” commented Ingvild Sæther, President and CEO of Teekay Offshore Group Ltd.

  • GlobeNewswire2 months ago

    Brookfield Business Partners L.P. 2019 First Quarter Conference Call and Webcast for Investors and Analysts

    Date: Wednesday, May 1, 2019 Time: 11:00 a.m. (Eastern Time) BROOKFIELD NEWS, April 01, 2019 -- You are invited to participate in Brookfield Business Partners’ (TSX: BBU.UN).

  • GlobeNewswire2 months ago

    Brookfield Business Partners Completes Annual Filings

    BROOKFIELD, NEWS, March 16, 2019 -- Brookfield Business Partners L.P. (NYSE: BBU) (TSX: BBU.UN) (“Brookfield Business Partners”) today announced that it has filed its 2018.

  • The Wall Street Journal2 months ago

    [$$] $10 Billion Corporate Debt Sale Highlights Credit Market's Recovery

    PLC, is poised sell roughly $3.7 billion worth of secured and unsecured bonds, denominated in both dollars and euros, along with around $6.5 billion in loans, also split between euro and U.S. dollar tranches. Banks this week were able to cut the expected yields on all of the bonds and loans, an indication that demand had well outstripped supply, investors said.

  • GlobeNewswire2 months ago

    Teekay Offshore Partners Announces Changes to Board of Directors

    HAMILTON, Bermuda, March 12, 2019 -- Teekay Offshore GP LLC, the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE:TOO), today.

  • GlobeNewswire2 months ago

    Brookfield Business Partners Announces Agreement to Sell BGIS for $1 Billion

    BROOKFIELD NEWS, March 11, 2019 -- Brookfield Business Partners L.P (NYSE: BBU) (TSX:BBU.UN) (“Brookfield Business Partners”), together with its institutional partners.

  • Why GrafTech International Shares Dropped Tuesday Morning
    Motley Fool3 months ago

    Why GrafTech International Shares Dropped Tuesday Morning

    The company's majority shareholder is selling down its stake.

  • Moody's3 months ago

    Panther BF Aggregator 2 LP -- Moody's assigns ratings to Power Solutions, Corporate Family Rating at B1, outlook stable

    Moody's Investors Service ("Moody's") assigned initial ratings to Panther BF Aggregator 2 LP ("Power Solutions") - Corporate Family and Probability of Default Ratings at B1 and B1-PD, respectively, and Ba3 senior secured rating and a B3 senior unsecured rating. The rating outlook is stable.