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Stock Market & Financial Investment News

News Breaks
February 20, 2013
16:59 EDTMICMacquarie Infrastructure reports Q4 revenue $251.4M, consensus $259.91M
Reports Q4 net loss $11.87M. Reports FY12 EPS 29c, two estimates 77c.
News For MIC From The Last 14 Days
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August 14, 2015
07:29 EDTMICMacquarie Infrastructure shares should be bought on weakness, says SunTrust
Noting that Macquarie has dropped 7% since reporting its Q2 results on August 4, Oppenheimer says that the decline was due to a drop in yield vehicles and a complex earnings call. However, the firm contends that the company's guidance is conservative, while its underlying cash flows could rise at least 14% annually. Oppenheimer keeps a $100 price target and Outperform rating on the shares.

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