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Brookfield Asset Management

10:08 AM EST - Brookfield Asset Management : on Friday posted fourth-quarter results that beat expectations, mainly on strong performance of its renewable power and office property businesses. Brookfield, an investor in property, power and other infrastructure assets, said it recorded a profit of $102 million, or 15 cents a share, compared with $171 million, or 27 cents a share, a year ago. Revenue rose 14 percent to $3.46 billion. Brookfield Asset Management shares T.BAM.A are trading up 61 cents at $24.55.