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The Canadian asset manager will instead concentrate its local real estate holdings in offices, apartment buildings and logistics
The Toronto-based asset manager floated a series of changes, which are still under consideration, to investors at a presentation in New York on Tuesday
A survey of North American equities heading in both directions
Brookfield will invest more than $200-million in Infinium’s Roadrunner project, which is currently under development in West Texas
Stocks in Focus In August, the US economy added 142,000 nonfarm payroll jobs, falling short of the 165,000 jobs expected by economists. The unemployment rate decreased to 4.2% from 4.3% in July. Job additions in August were an improvement over the revised 89,000 added in July. However, revisions to previous...
Global Markets Canadian Markets: Interest Rate Cut: The Toronto Stock Exchange (TSX) saw a rise following the Bank of Canada’s decision to lower its key interest rate to 4.25%. This move is aimed at stimulating Canada’s sluggish housing and labor markets by making borrowing cheaper, which could spur investment and...
A survey of North American equities heading in both directions
TSX Gains Slightly
Canada's main stock index opened higher on Wednesday, with energy stocks leading broader gains, ahead ...
A survey of North American equities heading in both directions
Brookfield Asset Management (BAM:CA) Analyst Rating and Target Price On August 6, 2024, TD Securities (Analyst Rank#18) issued a research report on Brookfield Asset Management Inc. (BAM), maintaining a “Buy” rating with an increased target price of CAD 69 from $67.50. This revised target price reflects TD Securities’ optimistic outlook...
Toronto Housing Sales Analysis Recent data released showed that the Toronto housing market, home sales in the Greater Toronto Area (GTA) experienced a decline in July following a surprising rebound in June. This month’s drop in sales contrasts sharply with the previous month’s unexpected rise, which had broken a four-month...
Inside the Market’s roundup of some of today’s key analyst actions
Inside the Market’s roundup of some of today’s key analyst actions
Halifax-based Chorus says the buyers are the affiliates of investment funds managed by HPS Investment Partners, a New York firm
Brookfield Asset Mgmt is now ranked among the top 10 undervalued stocks in the Financial Services sector on the Toronto Stock Exchange. A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company Valuation...
Top 5 Analyst Ratings: Amazon (AMZN) Truist Financial (Analyst Rank #19) has updated its coverage on Amazon, raising the target price from $220 to $230 while maintaining a “Buy” rating. This adjustment reflects Truist Financial’s increased confidence in Amazon’s growth prospects, driven by strong performance in its core e-commerce business...
Grifols said its board held an extraordinary meeting over the weekend to study a preliminary offer presented by Brookfield and the founding family, which has a nearly 30% stake
The companies did not specify the size of the investment, but said private equity firm CVC Capital partners will substantially exit its stake in GEMS as part of the deal
Stocks in play: Brookfield Asset Management
And Alterra Management Limited announced today the launch of the Catalytic Transition Fund focused on ...
A survey of North American equities heading in both directions
The fund was announced at the COP28 climate talks in Dubai last December, but this is the first time Brookfield has confirmed its target size