HOUSTON, Jan. 17, 2025 /PRNewswire/ -- Foundry JV Holdco LLC (the "Company"), a Delaware limited liability company, today announced that it has successfully completed the previously announced consent solicitation (the "Consent Solicitation") in connection with its outstanding 5.900% Senior Secured Notes due 2030, 6.150% Senior Secured Notes due 2032, 5.875% Senior Secured Notes due 2034, 6.250% Senior Secured Notes due 2035 and 6.400% Senior Secured Notes due 2038 (collectively, the "Notes") for amendments ...

Brookfield Infrastructure Partners (BIP) closed the last trading session at $31.20, gaining 2.6% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $39.89 indicates a 27.9% upside potential.The average comprises nine short-term price targets ranging from a low of $34 to a high of $50, with a standard deviation of $4.78. While the lowest estimate indicates an increase of 9% from the cu ...

HOUSTON, Jan. 13, 2025 /PRNewswire/ -- Foundry JV Holdco LLC (the "Company"), a Delaware limited liability company, today announced that it has commenced a consent solicitation (the "Consent Solicitation") in connection with its outstanding 5.900% Senior Secured Notes due 2030, 6.150% Senior Secured Notes due 2032, 5.875% Senior Secured Notes due 2034, 6.250% Senior Secured Notes due 2035 and 6.400% Senior Secured Notes due 2038 (collectively, the "Notes") for amendments (the "Proposed Amendments") to the a ...

Investors might want to bet on Brookfield Infrastructure Partners (BIP) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and follow ...

I love to see dividend income flow into my brokerage account. It gives me more cash to invest until I retire and can live off my passive income.I typically buy shares of many dividend stocks each year, focusing on high-yielding dividend stocks because they generate more income for every dollar I invest. However, if I could only buy shares of one dividend-paying company this year, it would be Brookfield Infrastructure (BIPC -1.11%) (BIP 0.31%). Here's why it's my top choice for generating dividend income in ...

BROOKFIELD, NEWS, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners will hold its fourth quarter 2024 conference call and webcast on Thursday, January 30, 2025 at 9:00 a.m. (ET). Results will be released that morning before 7:00 a.m. (ET) and will be available on our website at https://bip.brookfield.com. Participants can join by conference call or webcast. Conference Call Please pre-register at: BIP2024Q4ConferenceCallUpon registering, you will be emailed a dial-in number and unique PIN. ...

Stocks nosedived this week after the Federal Reserve reset its interest rate expectations for 2025. The Federal Reserve is now forecasting only two quarter-point rate reductions next year, a more modest pace than the market had hoped. That put downward pressure on more rate-sensitive stocks, like real estate investment trusts (REITs) and others that pay a higher-yielding dividend.The rate-cut decision is bad news for anyone seeking to buy a home or having a high mortgage rate they want to refinance. However ...

BROOKFIELD, News, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP; TSX: BIP.UN) and Brookfield Infrastructure Corporation (“BIPC”) (TSX, NYSE: BIPC) today announced that they have now received all required shareholder, court and regulatory approvals for the previously-announced proposed reorganization of BIPC (the “Arrangement”). Accordingly, the Arrangement will become effective prior to markets open on December 24, 2024. As a result of the Arrangement, in excha ...

Brookfield Infrastructure (BIPC -6.83%) (BIP -6.37%) offers investors the best of both worlds. The global infrastructure operator pays a very attractive dividend (more than 4% yield). On top of that, it's growing briskly (more than 10% annually). Those dual catalysts should enable the infrastructure stock to continue producing strong total returns in 2025 and beyond. That makes it a top buy for income and upside as we head into the new year.A rock-solid income streamBrookfield Infrastructure has been an exc ...

BROOKFIELD, NEWS, Dec. 02, 2024 (GLOBE NEWSWIRE) -- BIP Investment Corporation (“BIPIC”) (TSX: BIK.PR.A), an indirect subsidiary of Brookfield Infrastructure Partners L.P. (“Brookfield Infrastructure”) (NYSE: BIP; TSX: BIP.UN), today announced the voting results from the special meeting of holders of its senior preferred shares, series 1 (the “Preferred Shares”) held today in a virtual meeting format (the “Meeting”). BIPIC also announced that it intends to redeem all of the outstanding Preferred Shares for ...