Friday, August 3, 2018

Landmark Bancorp (LARK) Getting Somewhat Favorable Media Coverage, Report Finds

Headlines about Landmark Bancorp (NASDAQ:LARK) have been trending somewhat positive on Thursday, according to Accern. Accern ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Landmark Bancorp earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 47.7582449310025 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Separately, TheStreet upgraded shares of Landmark Bancorp from a “c” rating to a “b” rating in a research report on Wednesday, April 4th.

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Landmark Bancorp traded down $0.26, hitting $28.75, during trading hours on Thursday, according to MarketBeat Ratings. 500 shares of the company’s stock traded hands, compared to its average volume of 2,685. The company has a current ratio of 0.60, a quick ratio of 0.59 and a debt-to-equity ratio of 0.73. The firm has a market capitalization of $119.25 million, a price-to-earnings ratio of 27.33 and a beta of 0.50. Landmark Bancorp has a 52 week low of $27.01 and a 52 week high of $31.08.

Landmark Bancorp (NASDAQ:LARK) last posted its quarterly earnings results on Wednesday, May 2nd. The financial services provider reported $0.51 earnings per share for the quarter. The business had revenue of $10.00 million during the quarter. Landmark Bancorp had a net margin of 10.32% and a return on equity of 5.06%.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 22nd. Shareholders of record on Wednesday, August 8th will be given a $0.20 dividend. The ex-dividend date is Tuesday, August 7th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.78%.

Landmark Bancorp Company Profile

Landmark Bancorp, Inc operates as the bank holding company for Landmark National Bank that provides various financial and banking services. The company accepts various deposits comprising non-interest bearing demand deposits, money market and checking accounts, savings accounts, and certificates of deposit.

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Thursday, August 2, 2018

Brookfield Infrastructure Partners L.P.'s Q2 Results Head in Reverse (But a Reacceleration Is Ju

As expected, Brookfield Infrastructure Partners' (NYSE:BIP) growth engine stalled out in the second quarter because the company recently sold its electricity transmission business in Chile. However, that's just a temporary speed bump since the company has several transactions in the pipeline that will more than replace this lost income in the future.

Brookfield Infrastructure Partners results: The raw numbers

Metric

Q2 2018

Q2 2017

Year-Over-Year Change

Funds from operations (FFO)

$294 million

$295 million

(0.3%)

FFO per unit

$0.75

$0.80

(6.3%)

Data source: Brookfield Infrastructure Partners.

Silhouette of a construction team working on a project.

Brookfield spent the quarter building a better portfolio of businesses. Image source: Getty Images.

What happened with Brookfield Infrastructure Partners this quarter?�

An asset sale slowed things down:

Brookfield's utilities segment generated $139 million of FFO, which was 17% less than�last year's second quarter. The main culprit was the sale of the company's electricity transmission business in Chile, which closed in the first quarter. In addition to that, a debt financing on the company's Brazilian natural gas transmission business as well as foreign currency fluctuations also affected results. Those impacts aside, the company's underlying business performed well as FFO on a "same-store" basis rose 6% year over year thanks to the strength of its regulated distribution business in the U.K. and expansion projects placed into service over the past year. The transportation segment produced $133 million in FFO, which was even with the year-ago period. While the company benefited from inflationary tariff increases and higher volumes on its toll roads, foreign exchange fluctuations and a nationwide trucker strike in Brazil offset those positives, with the 11-day strike knocking $8 million off FFO during the quarter. The energy segment was the lone bright spot this quarter as FFO jumped 26% to $54 million due mainly to a higher contribution from its North American gas transmission business. Brookfield's renamed data infrastructure segment generated $19 million in FFO, which is flat year over year due to the stability of its operations. What management had to say�

While FFO went in reverse during the second quarter, it should reaccelerate in the coming quarters because the company has now secured several transactions that will more than replace this lost income. CEO Sam Pollock commented on the company's strategic maneuvers, stating that:

We are pleased to be deploying $1.3 billion into three North American investments in the data infrastructure and energy sectors. Our competitive advantage in executing corporate carve out transactions enabled us to acquire two highly coveted franchises. Furthermore, our expertise and scale allowed us to successfully acquire a high-quality residential energy infrastructure company. With these investments, we are encouraged by the near- and long-term growth potential for our business.

In the data infrastructure deal, Brookfield is acquiring several data centers from AT&T (NYSE:T). Brookfield will invest $160 million into this transaction for a stake in 31 data centers in 11 countries, though the U.S supplies 85% of the revenue. The deal will give Brookfield's data infrastructure business an expandable platform while providing AT&T with some cash to pay down debt.

In addition to that, Brookfield has agreed to buy Enbridge's (NYSE:ENB) Western Canadian natural gas gathering and processing business. The company will invest about $540 million in the acquisition, giving it a stake in the largest operation of its kind in Canada, which has it strategically positioned for expansion. Meanwhile, Enbridge will use the cash to pay down debt and fund its large slate of expansion projects.

Finally, Brookfield and its partners have agreed to acquire Enercare (TSX:ECI), which is a leading provider of residential energy infrastructure. Brookfield will invest roughly $630 million into this transaction, for a stake in a business that generates "annuity-like" cash flows by renting water heaters and HVAC units to 1.6 million customers in the U.S. and Canada.

Looking forward�

In addition to these three acquisitions, Brookfield stated that it has another $400 million of investment opportunities in the final stages of due diligence as well as other attractive, but less advanced transactions further down the pipeline. Brookfield noted that if it can close the three deals mentioned as well as the $400 million of late-stage transactions that they'll combine to generate about $170 million in annual FFO in the first year. That will more than replace the roughly $130 million FFO impact from the Chilean asset sale and the debt issuance on its Brazilian gas pipeline business. Further, not only will these investments generate a higher return in the near-term, but they should produce "substantially higher 'same-store' growth over time," according to the company.

Wednesday, August 1, 2018

High Gain Market Capitalization Hits $0.00 (HIGH)

High Gain (CURRENCY:HIGH) traded flat against the US dollar during the 1-day period ending at 18:00 PM Eastern on July 22nd. During the last week, High Gain has traded flat against the US dollar. High Gain has a market capitalization of $0.00 and $0.00 worth of High Gain was traded on exchanges in the last 24 hours. One High Gain coin can currently be bought for approximately $0.0002 or 0.00000003 BTC on exchanges.

Here’s how other cryptocurrencies have performed during the last 24 hours:

Get High Gain alerts: XRP (XRP) traded 1% lower against the dollar and now trades at $0.45 or 0.00006089 BTC. Stellar (XLM) traded 2.7% lower against the dollar and now trades at $0.28 or 0.00003841 BTC. IOTA (MIOTA) traded 3.1% lower against the dollar and now trades at $0.98 or 0.00013264 BTC. Tether (USDT) traded down 0.1% against the dollar and now trades at $1.00 or 0.00013492 BTC. TRON (TRX) traded 1.8% lower against the dollar and now trades at $0.0352 or 0.00000475 BTC. NEO (NEO) traded down 3.2% against the dollar and now trades at $33.30 or 0.00449992 BTC. Binance Coin (BNB) traded 2.3% lower against the dollar and now trades at $12.06 or 0.00162892 BTC. VeChain (VET) traded down 4.5% against the dollar and now trades at $1.79 or 0.00024204 BTC. 0x (ZRX) traded down 0.1% against the dollar and now trades at $1.15 or 0.00015519 BTC. Zilliqa (ZIL) traded down 2.3% against the dollar and now trades at $0.0720 or 0.00000973 BTC.

About High Gain

High Gain’s official website is www.highgain.ltd. High Gain’s official Twitter account is @HighgainHigh.

High Gain Coin Trading

High Gain can be bought or sold on the following cryptocurrency exchanges: CoinExchange. It is usually not possible to buy alternative cryptocurrencies such as High Gain directly using U.S. dollars. Investors seeking to acquire High Gain should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy High Gain using one of the exchanges listed above.

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