Cooper Tire & Rubber Co. , Zones Inc. and FirstFed Financial Corp. are among the biggest percentage losers in Monday's trading among companies with market...
The Russell 2000 pushed higher Friday, shrugging off dreadful data on the nation’s employment picture as investors focused on finding bargains amid oversold conditions.
Shares of Macquarie Infrastructure Co. plummeted on Friday after the infrastructure business operator slashed its dividend and Wall Street analysts downgraded its stock.
Macquarie Infrastructure Co., the U.S. unit of Australia's Macquarie Group, said Thursday that it is dropping its quarterly dividend to 20 cents in order to conserve cash.
Airport and energy terminal operator Macquarie Infrastructure Co. on Thursday reported a third-quarter profit, but the company also cut its dividend to build up cash reserves in face of a deteriorating economy.
NEW YORK (AP) - Macquarie Infrastructure Co., the U.S. unit of Australia's Macquarie Group, said Thursday that it is dropping its quarterly dividend to 20 cents in order to conserve cash.
NEW YORK (AP) - Airport and energy terminal operator Macquarie Infrastructure Co. on Thursday reported a third-quarter profit, but the company also cut its dividend to build up cash reserves in face of a deteriorating economy.
Macquarie Infrastructure Company (NYSE: MIC), a market leader in the ownership and operation of U.S. infrastructure businesses, today reported its third quarter and year to date financial results.
Kevin Matras shows how to find bottomed-out stocks before they turn higher. Stocks in this week?s article are TheAndersons, Inc. (NASDAQ: ANDE), Eclipsys Corporation (NASDAQ: ECLP), Flowers Foods,
The Gas Company LLC, Hawaii?s largest provider of clean, reliable gas energy to government, business and consumers, has named Jill Tokunaga as vice president sales. Tokunaga will oversee the
The Gas Company LLC, Hawaii?s largest provider of clean, reliable gas energy to government, business and consumers, has named Stephanie C. Ackerman as vice president, public policy and
In September of 2007, PowerShares debuted their International Listed Private Equity Portfolio (PFP) in an inhospitable climate. As the “credit crunch” became the “credit crisis,” private equity firms were some of the first financials to suffer. The anticipated IPOs of Blackstone (BX) and Carlyle did little to ease growing discomfort with the sector. In 2008, as credit problems have snowballed, PFP has experienced a 20% drop in share price since inception.
In recent weeks, however, PFP has begun creeping back up our momentum table, moving from the 65th spot on...
We have long held that the infrastructure needs of nations such as the USA, China, the European Union, Russia and India would put massive demands on specific material providers and open the door for mega-contracts for companies that provide infrastructure services and products.
Frankly, I had no idea that we were entering "The Age of Infrastructure" as one renowned money manager recently entitled it. That "Age" has begun with a vengeance and the investment possibilities are making a lot of us see green in a big way.
When my recent post about Plum Creek Timber (a client holding) was run on Seeking Alpha, a reader left the name of a stock I had never heard of before; Timberwest Forest (TWF-UN.TO in Canada and TWTUF on the pink sheets).
Timberwest is one of these Canada listed products that ties in with some sort of resource and pays an enormous dividend, the hydro funds fall into this category.
A reader left a comment in which he pasted information about water and infrastructure that took a skeptical tone about both. I took the reader's intention as simply pointing out the other side of the investment case.
I'll take water first. I may not have been clear with this before as I have disclosed PowerShares Water Resources (PHO) as an across the board holding many times over, but I have never thought of water as not being equity exposure. I add...
What kind of effect has the credit crunch had on the formerly-frothy
market for infrastructure investments? As money becomes scarcer, the
price tags attached to future-cashflow investments like toll roads
would normally go down. But there was always another possibility: that
infrastructure, which is one of a very small number of fixed-income
investments which doesn't involve credit risk, would survive the credit
crunch unscathed and even maybe get a new flight-from-credit bid.
No recession in Washington. White House top economist Edward Lazear says he's confident the U.S. is not in recession, and is optimistic stimulus checks will boost growth in the current quarter, earlier than many expect. Lazear notes only two areas of the economy -- retail sales and manufacturing -- are demonstrating recessionary deterioration. Job declines so far are well below those of the 2001 recession, which is considered a mild one. "I would be very surprised if the NBER, looking back at this period, would date this as a recession. Unless, of course, things change in the future and...
Stocks discussed in the lightning round session of Jim Cramer?s Mad Money TV program, Thursday April 10. Click on a stock ticker for more analysis:
Bullish calls:
Bristol-Myers Squibb (BMY): ?BMY has got good yield and I think it's very good.?
Merck (MRK): ?I think you buy MRK over BMY.?
Verizon (VZ): ?I'd rather see you own Verizon at a 4-5% yield.?
Exploration Co Delaware (TXCO) Petroleo Brasileiro (PBR): ?I think that PBR is your play for Brazilian oil.?
Kit Roane
has a weirdly bearish piece on infrastructure investment today, looking
at it from the point of view of pension funds and bemoaning the fact
that they can no longer get predictably high returns on any deal they
like.
Roane makes the good point that infrastructure returns are largely
bear-proof: the income streams are long-term, predictable, and often
guaranteed or at least legislated by the government. In an environment
where most other asset classes are much more correlated with each other
and have much more downside, it's easy to see why infrastructure is
attractive.
I spent a little
time this weekend looking for and learning about publicly traded toll
roads (these tend to trade on foreign exchanges). This came about from
the recent listing of the iShares Infrastructure Fund (IGF) which owns
quite a few of them.
The appeal of these stocks is that they
should have a low correlation to U.S. stocks, not be very volatile, have
some yield and benefit from constant demand; the need to get somewhere.
I always say that I don't expect truly bad things to happen. I think a bear market is here, but I am expecting a normal bear market, the type we have easily survived many times before.
What if the everyone-in-the-shelter crowd turns out to be right? One reader referred to someone with a very good track record who says a U.S. apocalypse is already here.
( November 6 , 2008 ( 8 : 40a ) - Washington UTC Status ) The Washington UTC ( 11 / 5 ) granted a joint motion by the staff and the companies to strike Public Counsel's most recent attempt to ...
Citi downgrades Macquarie Infrastructure Company Trust ( NYSE : MIC ) from Buy to Hold.Price target lowered from $26 to $4.Citi analyst says , " Dividend Cut Is An Effort To Store Cash & Shore ...
Macquarie Infrastructure Group Management Information Report For the quarter ended 30 September 2008 Macquarie Infrastructure Group ( MIG ) comprises Macquarie Infrastructure Trust ( I ) ( ARSN ...
( RTTNews ) - Macquarie Infrastructure Co.LLC ( MIC : News ) , a diversified infrastructure company , reported profit for the third quarter compared to a loss a year ago , benefiting from the ...
NEW YORK ( AP ) - Airport and energy terminal operator Macquarie Infrastructure Co . on Thursday reported a third - quarter profit , but the company also cut its dividend to build up cash reserves ...
NEW YORK ( AP ) - Macquarie Infrastructure Co . , the US unit of Australia's Macquarie Group , said Thursday that it is dropping its quarterly dividend to 20 cents in order to conserve cash.The ...
they were achieved largely at the end of the quarter.For the nine month period ended September 30 , 2008 , the airport services business generated gross profit of $265.2 million and EBITDA of ...
In this week's screen , I ' m searching for companies that I usually don ' t search for ; bottomed out stocks that have recently hit or are trading near their 52 - week lows.If the broader markets ...
Toll road operator Macquarie Infrastructure Group ( MIG ) has forecast revenue and earnings growth in fiscal 2009 , after revising its tolling structure.MIG expects a sound operational performance ...
, , ) , a market leader in the ownership and operation of infrastructure businesses in the US , announced that it will release its financial results for the third quarter of 2008 before the open ...
Stocks 
In recent weeks, however, PFP has begun creeping back up our 
