Brookfield Corp

Brookfield Corp. engages in the management of public and private investment products and services for institutional and retail clients. It operates through the following business segments: Renewable Power and Transition, Infrastructure, Private Equity, Real Estate, and Credit and Insurance Solutions. The Renewable Power and Transition segment involves in the provision of hydro, wind, utility-scale solar, distributed generation, storage, and other renewable technologies. The infrastructure segment operates assets in the utilities, transport, midstream, and data sectors. The Private Equity segment focuses on acquiring businesses with barriers entering an industry. The Real Estate segment includes investment in real estate properties. The Credit and Insurance Solutions segment offers investment products. The company was founded on August 1, 1997 and is headquartered in Toronto, Canada.

Earnings data Q4 2022

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Brookfield Corp reports record earnings, eyes global expansion opportunities

Brookfield Corp's Q3 2024 earnings call highlighted strong financial performance, strategic investments, and a focus on long-term wealth creation. The company's expansion into new markets and sectors, coupled with recent asset monetizations and a robust investment pipeline, underscore its growth trajectory and value creation potential.

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Brookfield Corp. engages in the management of public and private investment products and services. It operates through the following business segments: Asset Management, Renewable Power and Transition, Infrastructure, Private Equity, Real Estate and Other Alternatives. The Renewable Power and Transition segment involves the provision of hydro, wind, utility-scale solar, distributed generation, storage, and other technologies. The Infrastructure segment includes the operation of assets in the utilities, transport, midstream, and data sectors. The Private Equity segment focuses on acquiring businesses with barriers entering an industry. The company was founded in 1899 and is headquartered in Toronto, Canada.

BROOKFIELD, NEWS, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Brookfield Corporation (TSX: BN, NYSE: BN) will host its third quarter 2023 conference call and webcast on Thursday, November 9, 2023 at 10:00am (ET).

Brookfield Corporation to Host Third Quarter 2023 Results Conference Call

American Equity Investment Life

DES MOINES, Iowa--(BUSINESS WIRE)--UNITE HERE launched a billboard today warning customers of American Equity Investment Life Insurance Company (NYSE:AEL), that it may be purchased by the Bermuda-based affiliate of Brookfield (NYSE:BN). Brookfield has defaulted on over $1 billion in commercial real estate this year alone. The billboard is located less than a mile from the Iowa Insurance Division, the state agency that would need to approve any sale of Des Moines-based American Equity. “Are you.

Billboard Near Insurance Regulator Warns Against Brookfield's Potential Takeover of American Equity Life Insurance, Citing UNITE HERE Report

BROOKFIELD, NEWS, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Brookfield Corporation (NYSE: BN, TSX: BN) today announced that after having taken into account all election notices received by the deadline for the conversion of its Cumulative Class A Preference Shares, Series 32 (the “Series 32 Shares”) (TSX: BN.PF.A) into Cumulative Class A Preference Shares, Series 33 (the “Series 33 Shares”), there were 177,688 Series 32 Shares tendered for conversion, which is less than the one million shares required to give effect to conversion into Series 33 Shares. Accordingly, there will be no conversion of Series 32 Shares into Series 33 Shares and holders of Series 32 Shares will retain their Series 32 Shares.

Brookfield Corporation Announces Results of Conversion of its Series 32 Preferred Shares

Brookfield Asset Management

Brookfield Asset Management expects to double its fee-bearing capital over the next five years. That positions it to grow its earnings and dividend at a 15% to 20% annual rate.

Growth in Financials: This Stock Can Double by 2030

Brookfield stock has historically delivered strong returns, with a 3,000% gain since 2000. The perceived complexity of Brookfield's structure is sometimes overstated. The company looks confusing at first glance, but some of the complexity disappears when you read up on it further. BN's hard-to-follow accounting comes from GAAP accounting requirements, not management's own choices.

Brookfield: Complex But Worth It

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Vanguard Real Estate ETF

Commercial real estate market is just beginning to experience the pain of the correction, according to billionaire investor Jeff Greene. Office buildings are expected to be the hardest hit, with declining leasing volume and potential defaults on loans. Retail, industrial, and residential real estate are expected to fare better, with little risk of oversupply and high occupancy rates.

Billionaire Commercial Real Estate Investor Says 'The Worst Is Yet To Come'

Brookfield engages in various sectors, focusing on areas with future value and the need for private capital. Concerns exist about Brookfield's real estate segment and its debt structure. The company has used non recourse debt to increase assets under management, but investors should consider financials and valuation using FFO.

Brookfield: Attractive For The Long Term

All amounts in Canadian dollars unless otherwise stated. BROOKFIELD, NEWS, Sept.

Brookfield Announces Reset Dividend Rate on its Series 32 Preference Shares

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BROOKFIELD, NEWS, Aug. 18, 2023 (GLOBE NEWSWIRE) -- Brookfield Corporation (NYSE: BN, TSX: BN) (“Brookfield” or “the company”) 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 10% of the public float of each series of the company's outstanding Class A Preference Shares that are listed on the TSX (the “Preferred Shares”). Purchases under the bid will be made on the open market through the facilities of the TSX and/or alternative Canadian trading systems. The period of the normal course issuer bid will extend from August 22, 2023 to August 21, 2024, or an earlier date should Brookfield complete its purchases. Brookfield will pay the market price at the time of acquisition for any Preferred Shares purchased or such other price as may be permitted. All Preferred Shares acquired by Brookfield under this bid will be cancelled.

Brookfield Corporation Announces Renewal of Normal Course Issuer Bid for Preferred Shares

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Some months we might appear to underperform, but you must trust the process over the long term to evaluate our performance more accurately. On July 11, my shares of Activision Blizzard were up more than 10% on that day. Each year, I do a complete review of my portfolios in December. I like to take some time off to reflect on the year and review my asset, sector, and stock allocations.

The ATVI Story - July Dividend Income Report

Brookfield Corporation trades at a 50% NAV discount, even after a few careful adjustments. The following article offers investors a back-of-the-envelope framework to value BN on an ongoing basis themselves by stripping away some aggressive assumptions of Brookfield's management. A combination of modest return assumptions from underlying NAV returns, share buyback accretion and valuation rerating allows for an 18% CAGR.

Brookfield Corp Is A 50 Cent Dollar: Follow Along My Seasoned Back-Of-The-Envelope

Brookfield Corporation is undervalued according to my thesis. The valuation considerations for Brookfield include figures for interest in BAM, target carried interest, and the value of Brookfield Property Group. I believe the stock is undervalued and provide a valuation range of $49.50 to $74.18.

Brookfield Corporation Seems Undervalued

Brookfield Corporation stock trades at a significant discount relative to the sum of its individual holdings. At the same time, I see potential catalysts that could help the stock close the gap. I present an updated thesis for what is my largest position.

Brookfield Corporation: Beats Expectations And Sees Record Fundraising

Invested $50 billion and Monetized $15 billion of Assets YTD On Track to Achieve Record Inflows of Close to $150 billion in 2023 BROOKFIELD, NEWS, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Brookfield Corporation (NYSE: BN, TSX: BN) today announced financial results for the quarter ended June 30, 2023. Nick Goodman, President of Brookfield Corporation, stated, “Financial performance was very strong during the second quarter, as our operations continued to generate stable and growing cash flows.

Brookfield Corporation Reports 21% Increase in Distributable Earnings to $4.3 billion

All amounts in U.S. dollars unless otherwise stated. BROOKFIELD, NEWS, July 13, 2023 (GLOBE NEWSWIRE) -- Brookfield Corporation (NYSE: BN, TSX: BN) announced today the following redemption price for the redemption of a $550 million principal amount of its Notes due April 1, 2024 co-issued by its subsidiaries, Brookfield Finance Inc. and Brookfield Finance LLC (the “Notes”) (per $1,000 principal amount), which will be completed on July 14, 2023: Redemption price: $1,000.00Accrued and unpaid interest: $11.44Total redemption price and accrued and unpaid interest: $1,011.44 Pursuant to the procedures of The Depository Trust Company (“DTC”) for partial early redemption of debt issues, the individual book entry holdings to be redeemed will be selected on a lottery basis.

Brookfield Corporation Announces Redemption Price for Notes due April 1, 2024

Brookfield's stock performance has been lackluster this year, underperforming the S&P 500, due to factors such as a decline in earnings and a string of defaults. Despite these challenges, the company's exposure to defaulted-on loans is minimal, and credit rating agencies have not downgraded Brookfield's debt due to the defaults. The company's valuation remains healthy, with potential for earnings recovery due to recent deals.

Brookfield: You Can Likely Ignore The Defaults

BROOKFIELD NEWS, July 13, 2023 (GLOBE NEWSWIRE) -- Brookfield Corporation (TSX: BN, NYSE: BN) will host its second quarter 2023 conference call and webcast on Thursday, August 10, 2023 at 10:00am (ET).

Brookfield Corporation to Host Second Quarter 2023 Results Conference Call

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Blue Owl Capital

In recent years, private equity profits have become so attractive that virtually anyone with significant assets is doing it: even former President Trump's son-in-law, Jared Kushner. Kushner's Miami-based Affinity Partners' most recent private equity investment was in Munich-based fitness technology company EGYM.

3 Low-Risk Ways for Retail Investors to Get In on Private Equity Profits

Canadian investment firm Brookfield on Wednesday agreed to buy the remaining stake in American Equity Investment Life Holding that it did not already own, valuing the long-sought-after annuities provider at $4.3 billion.

Brookfield to buy annuities provider American Equity in $4.3 billion deal

American Equity was offered a $55 buyout from Brookfield. We look at who benefits and the likelihood of the deal getting through. We look at the best way to play this for a safe return.

American Equity: How To Play The Brookfield Buyout

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Renewable energy stocks have been beaten down severely over the past 10 months. Cost of capital concerns along with political uncertainty are weighing on the sector. That said, leading investors remain bullish on the sector and so do we.

$825 Billion Asset Manager Says Buy Renewables: Our Top Picks

Centene

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Year-to-date, market indices have rallied significantly, led by the magnificent seven. As of this writing, the Nasdaq 100 is up 36%, whereas the S&P 500 is up 13%.

3 Bargain Stocks You Don't Want to Miss in 2023

Brookfield and Brookfield Asset Management are two major investment options within the Brookfield financial empire. Brookfield Asset Management has a stronger balance sheet and faster growth, while Brookfield has a more attractive valuation. Brookfield appears to be the better investment choice due to its cheaper valuation, insider buying, and potential upside.

BN Vs. BAM: Which Brookfield Is Better?

All amounts in U.S. dollars unless otherwise stated. BROOKFIELD NEWS, June 14, 2023 (GLOBE NEWSWIRE) -- Brookfield Corporation (TSX: BN, NYSE: BN) announced today that its subsidiary, Brookfield Finance Inc., has exercised its right to redeem $550,000,000 of its senior notes due April 1, 2024 (the “Notes”) on July 14, 2023.

Brookfield Announces Redemption of $550 Million Principal Amount of 4.000% Notes due April 1, 2024

News for Brookfield Corp Stock (BN)