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Danone and Kate Farms to join forces to serve people with health needs across both medical and everyday nutrition
Globenewswire· 2025-05-12 04:59
Core Insights - Danone has entered into a definitive agreement to acquire a majority stake in Kate Farms, enhancing its specialized nutrition offerings with Kate Farms' plant-based, organic nutrition products [1][5] - The partnership aims to improve nutritional solutions for individuals with health needs and to support better standards of care in the U.S. [2][5] - Following the acquisition, Kate Farms' CEO, Brett Matthews, will lead Danone's North American Medical Nutrition business, while Kate Farms' senior management will retain a minority stake [3][5] Company Overview - Danone is a global food and beverage company with a focus on health-oriented categories, generating €27.4 billion in sales in 2024 and employing over 90,000 people [9] - Kate Farms specializes in nutritional formulas and shakes for both children and adults, using organic ingredients and avoiding common allergens, with products available in over 1,400 U.S. hospitals [10][11] Strategic Goals - The collaboration is expected to expand the reach of Kate Farms' trusted nutrition products, providing high-quality nutrition to a broader audience [2][4] - Danone's Deputy CEO emphasized that this partnership aligns with their science-based, patient-centered approach to specialized nutrition, marking a significant milestone in their 125-year history [5][6]
Brookfield Wealth Solutions Announces First Quarter Results and Declares Quarterly Distribution
Globenewswire· 2025-05-08 10:55
Core Viewpoint - Brookfield Wealth Solutions reported strong financial results for Q1 2025, highlighting a significant increase in distributable operating earnings and the expansion into the U.K. market, despite a net loss attributed to unrealized movements on reserves [1][3][4]. Financial Performance - Total assets increased to $141.612 billion in Q1 2025 from $63.113 billion in Q1 2024 [1]. - Distributable operating earnings reached $437 million, up from $279 million in the prior year [3][15]. - Net income recorded a loss of $282 million compared to a profit of $337 million in the same period last year [4][14]. Investment and Market Position - The company holds approximately $25 billion in cash and short-term liquid investments, alongside $22 billion in long-term liquid investments, positioning it well to navigate market volatility [5]. - Brookfield deployed $3 billion into its originated strategies with returns exceeding 8% [7]. - The company originated $4 billion in annuity sales across various channels during the quarter [7]. Distribution and Shareholder Returns - A quarterly return of capital of $0.09 per class A and class B share was declared, payable on June 30, 2025 [6]. - The net income attributable to Brookfield shareholders for Q1 2025 was $73 million, down from $102 million in Q1 2024 [8]. Operational Highlights - The company launched its U.K. pension risk transfer business in March 2025 and expects to be active in the market throughout the year [7]. - The net investment income increased significantly to $1.429 billion from $670 million year-over-year [13]. Summary of Financial Results - Total revenues for Q1 2025 were $2.618 billion, compared to $2.485 billion in Q1 2024 [13]. - Operating expenses rose to $382 million from $233 million in the previous year [13]. Balance Sheet Overview - Total liabilities and equity stood at $141.612 billion as of March 31, 2025, compared to $139.953 billion at the end of 2024 [11][12]. - The company’s insurance invested assets and cash equivalents remained stable, indicating a solid financial foundation [11].
Brookfield Corporation Reports 27% Increase in Distributable Earnings to $1.5 Billion
Globenewswire· 2025-05-08 10:45
$850 million of Shares Repurchased to Date in 2025 Deployable Capital Increases to a Record $165 billion BROOKFIELD, Nnews, May 08, 2025 (GLOBE NEWSWIRE) -- Brookfield Corporation (NYSE: BN, TSX: BN) announced strong financial results for the quarter ended March 31, 2025. Nick Goodman, President of Brookfield Corporation, said, “Our business performed well in the first quarter, with earnings 30% higher than the prior year, supported by continued momentum across our core operations. Our asset management busi ...
Brookfield Asset Management: Q1 Record Fee-Related Earnings Growth (Upgrade)
Seeking Alpha· 2025-05-07 19:51
Alternative asset managers have had a strong recovery since April 8th, when most of the reciprocal tariffs proposed were paused for 90 days . Brookfield Asset Management Ltd. (NYSE: NYSE: BAM ) was no exception, and sinceHey there! My focus here is to provide you with insightful rating analysis on the world's leading financial firms to help you navigate and comprehend the latest investment opportunities while identifying potential pitfalls. My favorite picks are those that are tilted toward both the growth ...
Growth And Yield? Get Them Both With Brookfield Renewable Corporation
Seeking Alpha· 2025-05-07 18:44
Group 1 - Brookfield Renewable Corporation (TSX: BEP.UN:CA, NYSE: BEPC, NYSE: BEP) offers a combination of high-quality assets, growth potential, and a yield exceeding 5% while trading at a fair valuation [1] - The company is positioned to benefit from a long-term bull market for electricity, enhancing its investment appeal [1]
Brookfield Renewable Partners Q1 Earnings & Revenues Lag Estimates
ZACKS· 2025-05-05 12:25
Brookfield Renewable Partners (BEP) reported first-quarter 2025 operating loss of 35 cents per unit, which missed the Zacks Consensus Estimate of a loss of 26 cents by 34.6%. The firm reported a loss of 23 cents per unit in the year-ago quarter. (See the Zacks Earnings Calendar to stay ahead of market-making news.) Total Revenues of BEP Revenues of $857 million missed the Zacks Consensus Estimate of $911 million by 5.9%. The top line also decreased 2.1% from the year-ago quarter's $875 million. Highlights o ...
Brookfield Infrastructure: Investment Grade Securities For 64 Cents On The Dollar
Seeking Alpha· 2025-05-04 15:50
Group 1 - Brookfield Infrastructure Partners (BIP) and Brookfield Infrastructure Corporation (BIPC) have five fixed-income securities that have experienced moderate sell-offs due to increased credit spreads following market fluctuations [1] - The equity market serves as a significant mechanism for wealth creation or destruction over the long term, with daily price fluctuations contributing to this dynamic [1] - Pacifica Yield focuses on long-term wealth creation by targeting undervalued high-growth companies, high-dividend stocks, REITs, and green energy firms [1]
Is Brookfield Asset Management Stock a Buy Now?
The Motley Fool· 2025-05-02 08:30
Company Overview - Brookfield Asset Management has a market cap of $88 billion and over 100 years of investment history, attracting investors interested in its operations [1] - The company manages over $1 trillion in assets and generated $2.5 billion in fees in 2024, with approximately $500 billion in fee-bearing capital [2][4] Investment Profile - Brookfield's investment profile includes five areas: renewable power, infrastructure, real estate, private equity, and credit, with renewable power being the smallest segment at around $125 billion in assets [4] - The company operates in 30 countries, showcasing its global investment reach [4] Capital Sources - Brookfield's capital sources are categorized into four groups: institutional investors, insurance solutions, private wealth, and public markets, indicating a diverse funding base [5] Dividend and Growth Potential - The company offers an attractive dividend yield of 3.3%, significantly higher than the market average of 1.3% and the finance sector's average of 1.4% [6] - Brookfield plans to double its fee-generating assets from $500 billion in 2024 to around $1 trillion by 2029, with substantial growth expected across all business segments [9] - A 15% dividend increase was announced in early 2025, with management projecting annual dividend growth of 15% through 2029 [10][11] Market Position and Future Outlook - The stock has experienced a decline of about 12% from recent highs, but the company's focus on long-term sectors like infrastructure suggests a stable asset base [12] - The inherent volatility of asset management is acknowledged, but the high yield and growth plans present an attractive opportunity for long-term investors [13]
Where Will Brookfield Asset Management Be in 5 Years?
The Motley Fool· 2025-04-30 08:15
Brookfield Asset Management (BAM 1.13%) has grown into one of the world's largest alternative asset managers. It has over $1 trillion in assets under management (AUM) across renewable power and transition, infrastructure, private equity, real estate, and credit. The company sees significant growth ahead over the next several years. Here's a look at where it will be five years from now.Cashing in on the growth in alternativesInvestors have been steadily shifting more of their portfolios into alternative inve ...
Brookfield Renewable Partners to Post Q1 Earnings: What to Expect?
ZACKS· 2025-04-29 14:10
Brookfield Renewable Partners (BEP) is scheduled to release first-quarter 2025 results on May 2, before market open. The company delivered an earnings surprise of 50% in the last reported quarter. (See the Zacks Earnings Calendar to stay ahead of market-making news.)Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Key Factors That Might Have Impacted BEP's Q1 PerformanceBrookfield Renewable Partners’ first-quarter earnings are expected to have continued to benefit ...