The Latest Breaking News from Brookfield Infrastructure

Thanks to its defensive nature, the utility industry will likely perform well in an increasingly uncertain macroeconomic environment. Moreover, high investment, technological advancements, and the transition to renewable sources to generate power is expected to drive its growth. To that end, it could be wise to buy fundamentally strong utility…

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.41%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.89%. Stock indexes Wednesday gave up early gains and settled...

Brookfield Infrastructure Partners L.P (TSX:BIP) (NYSE:BIP) reported a first-quarter FFO per unit of $0.96, an improvement from $0.93 a year ago. Brookfield Infrastructure reported a net income of $70 million for the quarter, compared to $190 million in the prior year. FFO for the quarter totaled $493 million, increasing 14% from the…