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Brookfield Corporation - BN STOCK NEWS

Welcome to our dedicated page for Brookfield Corporation news (Ticker: BN), a resource for investors and traders seeking the latest updates and insights on Brookfield Corporation stock.

Brookfield Corporation (BN) is a leading global investment firm dedicated to building long-term wealth for both institutions and individuals. The company operates three main businesses: Asset Management, Insurance Solutions, and Operating Businesses. Brookfield Corp invests in real assets that form the backbone of the economy, including property, renewable power, infrastructure, and private equity, ensuring the delivery of risk-adjusted returns to its stakeholders.

The firm's extensive portfolio spans across dynamic and resilient markets around the world, including the United States, the UK, Canada, Australia, Brazil, and India. Brookfield Corporation generates the majority of its revenue from its Asset Management business, which focuses on investing in high-quality assets to create value over time.

Brookfield Office Properties, a subsidiary of Brookfield Property Partners, is a significant segment of the corporation. This division owns, manages, and develops premier office properties that define the skylines of major cities such as New York, Washington D.C., Houston, Los Angeles, Toronto, Calgary, London, Sydney, and Perth. Signature properties like Brookfield Place in New York City, Toronto, and Perth, as well as Bankers Hall in Calgary and Bank of America Plaza in Los Angeles, attract major financial, energy, government, and professional services organizations.

Brookfield's recent achievements include regular dividend declarations, strategic acquisitions, and upfinancings, which have significantly strengthened its financial condition. Furthermore, the corporation is known for its strong, consistent performance and partnerships with top-tier organizations that maintain long-term leases.

For the latest updates and detailed information about Brookfield Corporation's performance, ongoing projects, and strategic initiatives, please visit their website at www.bn.brookfield.com.

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Brookfield (BN) filed its 2023 annual materials, including financial statements and analysis, with SEC and Canadian authorities. Shareholders can access them online at brookfield.com or request a hardcopy for free.
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Brookfield Corporation announces the fixed dividend rate on its Cumulative Class A Preference Shares, Series 34, for the five years starting April 1, 2024. Holders have the option to convert to Series 35 Shares with quarterly floating rate dividends. The fixed quarterly dividends on Series 34 Shares will be at an annual rate of 6.145%, while the quarterly dividend rate for Series 35 Shares for the period of April 1, 2024, to June 30, 2024, will be 1.89754%.
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Brookfield Corporation announces the pricing of a $750 million public offering of senior notes due 2054, with an interest rate of 5.968% per annum. The notes will be issued by Brookfield Finance Inc. and guaranteed by Brookfield, with proceeds earmarked for general corporate purposes.
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Brookfield Corporation (BN) reported distributable earnings of $4.8 billion and net income of $5.1 billion for the year, with a 14% increase in quarterly dividend. The asset management business saw strong fundraising momentum, while the insurance solutions business had a transformational year. The operating businesses demonstrated resilience, with distributable earnings before realizations increasing by 17% and 12% per share compared to the prior periods.
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Brookfield Corporation will host its fourth quarter 2023 conference call and webcast on February 8, 2024, with results being released that morning. Participants can join via conference call or webcast, with replay available for 90 days.
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Equinox Payments unveiled the Luxe 8700x payment solution at NRF 2024: Retail's Big Show in New York City. The device offers a perfect combination of form and function, engaging customers and withstanding the demands of a busy check-out lane. It is part of Equinox’s portfolio of innovative payment solutions, with features such as a crystal-clear display, unique angled keypad, illuminated chip card slot, and intuitive under-the-display contactless reader. The device is meticulously engineered to tolerate the test of time without jeopardizing extraordinary design, featuring ultra-strong Aramid fiber faceplate, highly durable in-mold decorated plastic keytops, and a chemically strengthened and scratch-resistant 5-inch high-definition touch display. The Luxe 8700x also features a secure Linux operating system, numerous connectivity options, and multiple encryption keys for secure transactions.
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American Tower Corporation (AMT) has signed a definitive agreement with Data Infrastructure Trust, an Infrastructure Investment Trust sponsored by an affiliate of Brookfield Asset Management, to sell 100% of the equity interests in American Tower’s operations in India for potentially up to $2.5 billion. The transaction is expected to close in the second half of 2024 and will be subject to government and regulatory approvals.
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Brookfield Corporation (BN) released a summary of recent highlights to close out 2023, detailing their active deployment of $55 billion of capital into global investment opportunities, monetizations totaling over $30 billion, and over $100 billion of financings arranged across their businesses. Notable achievements include significant investments and acquisitions in various sectors and the successful fundraising of flagship funds. The company also highlights their conservatively capitalized balance sheet, high levels of liquidity, and strong credit ratings, despite some rating downgrades in specific business segments.
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Brookfield Corporation (Brookfield) (NYSE: BN, TSX: BN) announces the pricing of a public offering of $700 million principal amount of senior notes due 2034, bearing interest at a rate of 6.350% per annum. The net proceeds will be used to refinance existing indebtedness, including upcoming 2024 maturities, and will leave only modest maturities through to the end of 2025.
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Brookfield Corporation (BN) receives an upgrade to its senior unsecured debt rating from DBRS to 'A' from A (low), reflecting continued growth in earnings and cashflows, a conservatively capitalized balance sheet, strength of global alternative asset management business, scaling of Insurance Solutions franchise, and resilience of earnings and cashflows. Nicholas Goodman, President, stated satisfaction with the credit rating upgrade, recognizing the strength of the franchise through cycles, growing scale and diversity of the business, quality of cashflows, and fortress balance sheet. The company also received an upgrade on its preferred shares rating to Pfd-2 from Pfd-2 (low).
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FAQ

What is the current stock price of Brookfield Corporation (BN)?

The current stock price of Brookfield Corporation (BN) is $57.53 as of November 21, 2024.

What is the market cap of Brookfield Corporation (BN)?

The market cap of Brookfield Corporation (BN) is approximately 86.4B.

What does Brookfield Corporation do?

Brookfield Corporation is an investment firm focused on building long-term wealth through Asset Management, Insurance Solutions, and Operating Businesses.

In which countries does Brookfield have a presence?

Brookfield Corporation has a geographic presence in the United States, the UK, Canada, Australia, Brazil, India, and other countries globally.

What are the core businesses of Brookfield Corporation?

The core businesses of Brookfield Corporation are Asset Management, Insurance Solutions, and Operating Businesses.

What type of assets does Brookfield invest in?

Brookfield invests in real assets that form the backbone of the economy, including property, renewable power, infrastructure, and private equity.

Who are the major tenants of Brookfield Office Properties?

Major tenants include financial, energy, government, and professional services organizations with high credit ratings and long-term leases.

Where are some of Brookfield Office Properties' notable buildings located?

Notable buildings are located in cities like New York, Washington D.C., Houston, Los Angeles, Toronto, Calgary, London, Sydney, and Perth.

What recent achievements has Brookfield Corporation accomplished?

Recent achievements include regular dividend declarations, strategic acquisitions, and upfinancings, enhancing their financial condition.

How does Brookfield Corporation generate most of its revenue?

Brookfield generates the majority of its revenue from its Asset Management business.

What are some signature properties of Brookfield Office Properties?

Signature properties include Brookfield Places in New York City, Toronto, and Perth, as well as Bankers Hall in Calgary and Bank of America Plaza in Los Angeles.

How can I obtain more information about Brookfield Corporation?

For more information, please visit their website at www.bn.brookfield.com.

Brookfield Corporation

NYSE:BN

BN Rankings

BN Stock Data

86.41B
1.18B
19.11%
65.63%
0.67%
Asset Management
Financial Services
Link
United States of America
Toronto