Brookfield Ord Shs Class A T.BN

Alternate Symbol(s): BN | T.BN.PR.C

Financial Services Asset Management

Brookfield Corporation is an owner and operator of real assets. It is focused on compounding capital over the long term to earn attractive total returns for its shareholders. Its operating segments include the asset management business and insurance solutions business. Its operating businesses include Renewable Power and Transition business, which includes the ownership, operation, and development of hydroelectric, wind, utility-scale solar power generating assets and distributed energy and sustainable solutions; Infrastructure business, which includes the ownership, operation and development of utilities, transport, midstream, and data assets; Private Equity business, which is focused on the ownership and operation of business services and industrial operations; Real Estate business , which includes the ownership, operation and development of core and transitional and development investments, and Corporate Activities, which include the investment of cash and financial assets.

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Brookfield Ord Shs Class A

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Post by retiredcfon Nov 02, 2023 7:05am

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Post# 35712876

Stockchase After the Close

To no one’s surprise, U.S. Fed Chair Jay Powell held America’s key interest rate steady on Wednesday afternoon. Markets on both sides of the border were already climbing before his remarks, but accelerated after. The S&P closed 1.05% higher, the Nasdaq jumped 1.64% to finish above 13,000, while the Dow added 0.67%. There was green pretty much across the board.

Major movers were AMD up 9.69%, Amazon 2.94%, Martin Mareitta Materials 7.39%, but luxury names sank, including Estee Lauder which finished -18.9%. Paycom delivered a miss and weak guidance and plunged 38.49%. Meanwhile, the U.S. 10-year yield slid to 3.742%. Bitcoin added 0.55% to nearly $35,000.

The TSX rallied 1.09% with every sector except materials gaining. Consumer staples and utilities jumped. Major movers on Bay Street were Brookfield Corporation by 4.78%, Brookfield Infrastructure up 10.8%, Dye & Durham 7.66%, Algonquin Power 4.87%, though First Quantum Minerals sank another 8.03%. WTI crude was flat at $81.