Brookfield Business Partners L.P. Limited Partnership Units (BBU) News
Filter BBU News Items
BBU News Results
|Loading, please wait...|
BBU News Highlights
- For BBU, its 30 day story count is now at 9.
- Over the past 26 days, the trend for BBU's stories per day has been choppy and unclear. It has oscillated between 1 and 4.
- The most mentioned tickers in articles about BBU are III, BMO and CFR.
Latest BBU News From Around the Web
Below are the latest news stories about Brookfield Business Partners LP that investors may wish to consider to help them evaluate BBU as an investment opportunity.
Scientific Games Holdings LP -- Moody's announces completion of a periodic review of ratings of Scientific Games Holdings LP
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Scientific Games Holdings LPGlobal Credit Research - 23 Feb 2022New York, February 23, 2022 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Scientific Games Holdings LP and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 16 February 2022 in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review ...
Brookfield Business Partners Announces Record Date for Unit Split and Creation of Brookfield Business Corporation
BROOKFIELD, NEWS, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Brookfield Business Partners L.P. (“Brookfield Business Partners” or “BBU”) (NYSE: BBU; TSX: BBU.UN) today announced that it has set March 7, 2022 as the record date for the previously announced special distribution of class A exchangeable subordinate voting shares (the “Shares”) of Brookfield Business Corporation (“BBUC”). From an economic and accounting perspective, the special distribution will be analogous to a unit split as it does not res
BMO Capital analyst Devin Dodge maintained a Buy rating on Brookfield Business Partners (BBU – Research Report) today and set a price target of $60.00. The company's shares closed last Friday at $46.40. Dodge has an average return of 8.5% when recommending Brookfield Business Partners. According to TipRanks.com, Dodge is ranked #1346 out of 7783 analysts. Currently, the analyst consensus on Brookfield Business Partners is a Strong Buy with an average price target of $60.00, representing a 29.3% upside. In a report issued on February 5, RBC Capital also maintained a Buy rating on the stock with a $61.00 price target.
BCP V Modular Services Holdings III Limited -- Moody's affirms B2 CFR of BCP V Modular Services Holdings III Limited and affiliated ratings; outlook remains stable
Rating Action: Moody's affirms B2 CFR of BCP V Modular Services Holdings III Limited and affiliated ratings; outlook remains stableGlobal Credit Research - 07 Feb 2022The rating action follows EUR250 million add-on Term Loan B to the existing EUR1.26 billionLondon, 07 February 2022 -- Moody's Investors Service ("Moody's") has affirmed the B2 corporate family rating (CFR) of BCP V Modular Services Holdings III Limited (Modular), the top entity in the company's restricted group. Concurrently, the Agency affirmed the B2 ratings of i) the EUR750 million plus GBP250 million backed senior secured notes issued by BCP V Modular Services Finance II PLC, ii) the EUR350 million backed Revolving Credit Facility (RCF) and the EUR1.26 billion backed Term Loan B for which BCP V Modular Services Holdi...
Brookfield Business Partners L.P. press release (NYSE:BBU): Q4 earning from operations of $2.69. Revenue of $13.48B (+34.3% Y/Y)....
Brookfield Business Partners L.P. (BBU) CEO Cyrus Madon on Q4 2021 Results - Earnings Call Transcript
Brookfield Business Partners L.P. (BBU) Q4 2021 Earnings Conference Call February 04, 2022 11:00 A.M. ET Company Participants Alan Fleming - SVP, IR Cyrus Madon - CEO Denis Turcotte - COO Jaspreet Dehl - CFO Conference Call Participants Geoffrey Kwan - RBC Capital Markets Devin Dodge - BMO Capital Markets...
Brookfield Business Partners (TSE: BBU.UN) (NYSE: BBU) announced Friday its financial results for the year ended December 31, 2021. Brookfield Business Partners is a global business and industrial services company. Year-End Results Revenues came in at $46.6 billion for the full year, up 23.8% from ~$37.6 billion in 2020. Net income attributable to unitholders for the year ended December 31, 2021, was $643 million ($3.28 per unit), compared to a net loss of $169 million (-$1.13 per unit) in the prior year. Adjusted EBITDA for FY2021 was $1,761 million, compared to $1,384 million for FY2020, reflecting the increased contribution from Business Services, Industrials, and Infrastructure Services segments.
BROOKFIELD, NEWS, Feb. 04, 2022 (GLOBE NEWSWIRE) -- Brookfield Business Partners L.P. (NYSE: BBU) (TSX: BBU.UN) (“Brookfield Business Partners”) announced today financial results for the year ended December 31, 2021. “We had a successful 2021, generating strong financial performance and committing $2.2 billion of capital to acquire six new businesses,” said Cyrus Madon, CEO of Brookfield Business Partners. “Our focus is on onboarding our recent acquisitions and executing our business improvement
ABERDEEN, United Kingdom, Jan. 28, 2022 (GLOBE NEWSWIRE) -- Altera Infrastructure L.P. (NYSE: “ALIN PRA”, “ALIN PRB” and “ALIN PRE”) plans to release its financial results for the Fourth Quarter of 2021 before market opening on Thursday, February 3, 2022. About Altera Infrastructure Altera Infrastructure is a leading global energy infrastructure services partnership primarily focused on the ownership and operation of critical infrastructure assets in offshore oil regions of the North Sea, Brazil
Scientific Games Holdings LP -- Moody's assigns first time B3 CFR to Scientific Games Holdings LP; outlook stable
Rating Action: Moody's assigns first time B3 CFR to Scientific Games Holdings LP; outlook stableGlobal Credit Research - 25 Jan 2022New York, January 25, 2022 -- Moody's Investors Service ("Moody's") assigned Scientific Games Holdings LP ("Sci Games") a B3 Corporate Family Rating ("CFR") and a B3-PD Probability of Default Rating. A Caa2 rating was assigned to the company's proposed $880 million senior unsecured notes. The outlook is stable.Proceeds from the proposed terms loans and unsecured notes, along with nearly $2.5 billion of cash equity, will be used to facilitate the acquisition of the lottery business of Scientific Games Corporation by Brookfield Business Partners L.P. ("Brookfield") as well as pay related fees and expenses.The B3 CFR is supported by the company's strong marg...