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Brookfield Asset Management Inc.

11:49 AM EST - Brookfield Asset Management Inc. : reported a second-quarter IFRS net income attributable to common shareholders of $89 million U.S. compared with a loss of $342 million U.S. in the prior year. Net income for the period stood at $373 million U.S., as against a loss of $510 million U.S. a year ago. Net income per share was $0.12 U.S. versus a loss of $0.60 U.S. in the comparable period. Total revenues for the latest quarter increased to $3.08 billion U.S. from $2.55 billion U.S. in the previous year. Brookfield Asset Management Inc. shares T.BAM.A are trading down $0.35 at $26.17.