MIC News and Press, Macquarie Infrastructure Corporation From 01/26/21

Why we love the infrastructure space and are allocating capital to the sector. That said, not every infrastructure security is suitable for prudent long-term investors. We provide investors some practical help in their quest to avoid potential landmines. For further details ...

Listen on the go! A daily podcast of Wall Street Breakfast's Alpha Talks will be available this morning. on Seeking Alpha, iTunes, Stitcher and Spotify. Stocks finished lower Friday, as optimism over President-elect Biden's proposed $1.9 trillion stimulus plan gave way to questions around bip...

Stocks finished the year strongly with cyclicals and energy stocks rallying strongly. I am continuing my monthly investment plans and suspiciously follow the massive rally in technology stocks as well as the vaccine-driven rebound in value stocks. My dividend income amounted to $3...

The impact of the pandemic varied by midstream business line, geography, company size, customer base, and other factors, but financial guidance for 2020 generally seemed to hold up reasonably well. EBITDA outlooks for 2021 are somewhat mixed relative to 2020, with some forecasting mod...

Conversion ratio increased to 12.6572 shares Increase reflects impact of special dividend Macquarie Infrastructure Corporation (NYSE: MIC) announced an adjustment to the conversion ratio applicable to its 2.00% Convertible Senior Notes due 2023. The conversio...

Macquarie Infrastructure sold its key asset. We analyze the price and what is left. We explain why an exit might make sense. For further details see: Macquarie Infrastructure: Slightly Expensive After Latest Sale

Macquarie Infrastructure (MIC) declares $11.00/share special dividend, returning all the net proceeds to shareholders from $2.67B sale of its International-Matex Tank Terminals ((IMTT)) business.Payable Jan. 8; for shareholders of record Jan. 5; ex-div Jan. 11."With the successful completion ...

Macquarie Infrastructure Corporation (NYSE: MIC) today announced that it has successfully completed the sale of its International-Matex Tank Terminals (“IMTT”) business to an affiliate of Riverstone Holdings, Inc. for $2.67 billion, net of closing adjustments, and includin...

Gainers: MingZhu Logistics (YGMZ) +220%. Nxt-ID (NXTD) +97%. Macquarie Infrastructure (MIC) +14%. Ampco-Pittsburgh (AP) +14%. Euro Tech Holdings (CLWT) +13%.Losers: Herman Miller (MLHR) -13%. R. R. Donnelley & Sons (RRD) -11%. Code Chain New Continent (CCNC) -8%. DPW Holdin...

November was characterized by a contested U.S. Presidential Election and a series of surprisingly positive and encouraging COVID-19 vaccine news. I am continuing my monthly investment plans and suspiciously follow the massive rally in technology stocks as well as the vaccine-driven re...