Brookfield Infrastructure (BIP) Reports 1Q14 Results; Remains a Solid Investment

Before jumping into the quarterly report (which was good by the way) let’s take a moment to reflect on why we’re invested in this business. Good Business: Brookfield Infrastructure Partners (BIP) is invested heavily in the class of assets that became known as infrastructure assets where they seized an early opportunity to establish a preeminent […]

Portfolio Company 1Q14 Earnings Release Schedule

Portfolio Company’s earnings releases and conference calls for the first quarter are coming up and listed below. Genworth Financial, Inc. (GNW): April 29, 2014 Earnings Release; April 30, Conference Call: Genworth Financial, Inc. announced [Source] it would issue its earnings release and financial supplement containing first quarter results after the market closes on April 29, […]

Brookfield Asset Management (BAM) Outstanding 2013 Results

Brookfield Asset Management (BAM): reported [Source] Funds from Operation (FFO), Brookfield’s primary measure of cash flow, was $3.4 billion for 2013 an increase of 149% over the previous year of $1.4 billion and an all-time record high for the company. For the fourth quarter 2013 (4Q13) Funds from Operation was 1 billion for an increase […]

Brookfield Infrastructure (BIP) Reports 4Q13 Results; 2013 was a Good Year

Brookfield Infrastructure reported results for full year 2013 with a total return of 16% compared to its target total return of 12-15%. This is lower than the past three and five years, where annualized returns were outstanding at 29% and 36% respectively. As much as those returns are enjoyable, they cannot be sustained at that […]

Portfolio Company 4Q13 Earnings Release Schedule

Portfolio Company’s earnings release and conference calls are coming up. I’ll share my perspective after the release and encourage you to read the releases and listen to the conference calls. It is a good way to stay current with your investments and learn about the people running your company. Most calls are recorded and posted on […]

Brookfield Asset Management (BAM) 3Q13 Results; Strong Performance Continues

Brookfield Asset Management (BAM) reported results [Source] for the third quarter 2013. Funds from Operations (FFO) the primary metric Brookfield uses to measure its performance increased 435% and net income attributable to shareholders increased 143% over the prior year period.  These results follow the strong 34% FFO increase reported in the 1Q13 and the 192% increase in […]

Brookfield Infrastructure (BIP) 3Q13 Strong Results & Good Outlook Continues

Brookfield Infrastructure Partners (BIP) reported another quarter of strong results and a continued positive outlook with many opportunities. Once again it is a pleasure to see hard work and prudent investments over past years continue to compound and produce increasing returns for the benefit of unit holders. Management continues on a sound and well executed […]

Portfolio Company 3Q13 Earnings Release Schedule

Portfolio Company’s earnings release and conference calls are coming up soon. We are now in the companies self-imposed  ”quarterly quiet period” and sshouldn’t expect a lot of news until the release dates. I’ll share my perspective after the release and encourage you to read the releases and listen to the conference calls. It is a […]

Brookfield Infrastructure Partners (BIP) 2Q13 Best to Date

Brookfield Infrastructure reported strong results or as CFO John Stinebaugh described during the conference call; “The second quarter 2013, was the most profitable in our history as virtually all of our operations performed well.” It is important to pause and appreciate accomplishments and encouraging to hear a continued positive outlook for the future. The hard work and […]

Company Updates and Earnings Release Schedule

AIG Will Not Contest SIFI Designation: American International Group announced on June 3, 2013 that it received notice from the U.S. Treasury that the Financial Stability Oversight Council proposed that AIG is a systemically important financial institution (SIFI) under the Wall Street Reform and Consumer Protection Act. General Electric’s Financial Unit, GE Capital and Prudential […]