Brookfield makes $15B bid to buy remainder of GGP

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GGP Inc. said Monday that it received an unsolicited proposal from Brookfield Property Partners LP on Saturday.

A number of brokerages have issued reports on BEP. TD Securities lifted their target price on Brookfield Infrastructure Partners to $57.00 and gave the stock a "buy" rating in a research report on Monday, September 18th. Finally, BMO Capital Markets restated a "hold" rating and issued a $35.00 price objective on shares of Brookfield Renewable Partners L.P.in a report on Friday, October 20th. Zacks Investment Research raised Brookfield Renewable Partners L.P. from a "hold" rating to a "buy" rating and set a $38.00 price objective on the stock in a research note on Thursday, October 5th. Finally, Raymond James Financial, Inc. cut their target price on Brookfield Renewable Partners L.P.to $42.00 and set a "market perform" rating on the stock in a research report on Thursday, August 17th.

Lazada experienced explosive growth in Southeast Asian sales on Singles Day
This company has today made the announcement regarding the $19.1 billion generated from the shopping event sales. Alibaba has said Cainiao expects 3 million people to handle packages during the 24-hour-period.

On September 18 Scotiabank made no change to the company rating of "Outperform" projecting a price of $53.00. The company now has a consensus rating of Buy and an average price target of $48.88.

More notable recent Brookfield Property Partners LP (NYSE:BPY) news were published by: Seekingalpha.com which released: "Brookfield Property Partners: Outstanding Growth Opportunity At A Discount" on March 15, 2017, also Pehub.com with their article: "Brookfield Property Partners explores options for office assets: Reuters" published on October 04, 2017, Fool.com published: "3 Areas Where Brookfield Infrastructure Partners LP's CEO Sees Exciting Growth ..." on November 10, 2017. If you are reading this piece of content on another site, it was stolen and reposted in violation of USA & global trademark & copyright legislation. The legal version of this piece of content can be accessed at https://stocknewstimes.com/2017/11/13/brookfield-property-partners-l-p-bpy-earns-buy-rating-from-canaccord-genuity.html.

Alex Anthopoulos to be next GM of Atlanta Braves, report says
Sherman says the Braves could make an announcement possibly as soon as this week during the GM meetings. He was working as the vice-president of baseball operations for the Los Angeles Dodgers since 2016.

Over the past five trading sessions shares of Brookfield Property Partners L.P. (NYSE:BPY) are 1.5%; -4.52% for the month; 0.08% for the last quarter; 10.45% for the past six-months; and 13.03% for the last 12 months. CI Investments Inc. now owns 4,824,011 shares of the company's stock valued at $112,641,000 after acquiring an additional 24,000 shares in the last quarter. CIBC Asset Management Inc now owns 6,076,461 shares of the company's stock worth $141,097,000 after buying an additional 2,072,246 shares in the last quarter. As of the end of the quarter Cannell Peter B & Co Inc had disposed of 7,062 shares trimming its position 4.1%.

Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, energy and communications infrastructure businesses in North and South America, Europe and Asia Pacific. Shamrock Asset Management LLC now owns 28,326 shares worth $1,222,000. This buyback authorization allows the utilities provider to buy shares of its stock through open market purchases. Institutional investors and hedge funds own 58.38% of the company's stock. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. About 426,907 shares traded or 275.20% up from the average. The firm has a market cap of $12,012.80, a P/E ratio of 160.93, a PEG ratio of 1.26 and a beta of 1.06. Brookfield Renewable Partners L.P.

Tamil Nadu rains: Schools shut in Chennai, Tiruvallur, Kancheepuram
S Balachandran, Director, Area Cyclone Warning Centre, said the wind had weakened and changed direction. Northeast monsoon, which brings the bulk of rainfall for Tamil Nadu, has been active over the state.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 29th. The company was maintained on Thursday, November 9 by RBC Capital Markets. This represents a $1.74 dividend on an annualized basis and a dividend yield of 4.00%.

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