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0 0 0 0.000167785234899295 -0.0333892617449665 0.0318791946308725 0.023993288590604 -0.000503355704698006
Stock impact report

Brookfield Corp. Profit Climbs as Wealth Unit Boosts Results [Yahoo! Finance]

Brookfield Corporation Class A Limited Voting Shares (BN) 
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Under Trump, Prepare for New US Transportation Priorities Zimbabwe City of 700,000 at Risk of Running Dry by Year-End Saudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency Sace The Urban-Rural Divide Over Highway Expansion and Emissions Arizona Elections Signal Robust Immigration Enforcement Under Trump The Toronto-based investment firm, which owns a majority stake in Brookfield Asset Management, reported distributable earnings of $1.26 billion, or 80 cents a share, excluding gains on asset sales. That rose 19% over the same period a year ago. The increase came as profits from Brookfield's wealth division doubled during the quarter. On Thursday, a subsidiary of the wealth unit agreed to reinsure $1.4 billion of UK pension liabilities, marking the firm's first transaction outside of North America. “We continue to capture an increasing share of global flows of capital, centered around our deep relationships with institutional Show less Read more
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