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Stock Market & Financial Investment News

News Breaks
March 21, 2014
13:31 EDTMICMacquarie Infrastructure fundamentals still positive, says Wells Fargo
After Macquarie reported weaker than expected Q4 results, Wells Fargo continues to believe the company has solid current yield and reasonable growth potential. The firm believes the main risk facing the company is higher taxes in a few years, but it thinks the company can avoid this problem with effective tax planning. The firm raised its price target on the shares to $59-$65 from $56-$62 and keeps an Outperform rating on the stock.
News For MIC From The Last 14 Days
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May 21, 2015
07:08 EDTMICMacquarie Infrastructure completes conversion from LLC to corporation
Macquarie Infrastructure announced that it has successfully completed a planned conversion to a Delaware corporation from a Delaware limited liability company. The conversion was effective at 12:01am on May 21. The conversion had no impact on the business or management of the company and has been treated as a tax-free exchange under relevant Internal Revenue Service regulations.
May 12, 2015
07:37 EDTMICOppenheimer to hold a conference
10th Annual Industrial Growth Conference is being held in New York on May 12-13 with webcasted company presentations to begin on May 12 at 8:15 am; not all company presentations may be webcasted. Webcast Link

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