'Westinghouse Said to Target Over $50 Billion Valuation in US IPO' - Bloomberg Law
https://news.bloomberglaw.com/securities-law/westinghouse-said-to-target-over-50-billion-valuation-in-us-ipo
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Fortress Investment co-CEO Jack Neumark is warning private credit lenders not to chase AI infrastructure deals out of fear of missing out.
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https://news.bloomberglaw.com/securities-law/westinghouse-said-to-target-over-50-billion-valuation-in-us-ipo
Piper Sandler analyst Crispin Love reiterates Brookfield Asset Mgmt (NYSE:BAM) with a Neutral and lowers the price target from $53 to $50.
The article recommends three high-yield financial stocks positioned to maintain strong dividends even as interest rates rise: Realty Income (a REIT with 5.4% yield and 31 years of consecutive dividend increases), Brookfield Asset Management (4.2% yield with over $1 trillion in assets under management), and T. Rowe Price (4.8% yield with 39 years of consecutive dividend increases). These companies are better insulated from rising rate environments due to their scale, financial strength, and business models that don't directly depend on interest rate levels.
Major M&A deals this week include: Thompson Street buys Braille Works, AvenRock Energy buys Parallax Energy.
https://www.bloomberg.com/news/articles/2026-09-16/banks-line-up-22-billion-chip-loan-tied-to-blackstone-alphabet