Macquarie Infrastructure Company LLC (MIC: News ) said its net loss was $18.35 million or $0.41 per share versus a profit of $0.50 million or $0.01 per share in the year earlier quarter, primarily reflecting a net non-cash derivative-related loss of $21.4 million. On average, 3 analysts polled by Thomson Reuters expected earnings per share of $0.53 for the quarter Join discussion...

TOLL road operator ConnectEast says it is working to grow traffic and revenue on its EastLink tollroad, after reporting an annual net loss of $531.5 million. The group also announced an equity raising of up to $421 million as it posted the result for the year ended June 30, 2009, which compares to a net loss of $9.33 million in the prior year. Join discussion...

Macquarie Infrastructure Group, owner of stakes in nine toll roads across six countries, said it is likely to split into two units and is reviewing its management arrangements with parent Macquarie Group Ltd. A final decision on a split is yet to be made, the Sydney- based company said in a statement today. Macquarie Infrastructure is reviewing management contracts a month after Macquarie Airports Ltd. severed ties with Macquarie Group in a bid to buoy its valuation, and issued shares to its former parent to compensate it for the loss of fees. Join discussion...

The hard times are continuing to hit the Macquarie Group, with its infrastructure fund today posting a $1.3 billion loss. It follows a similar result from Macquarie Office Fund. Macquarie Infrastructure Group says it will pursue more asset sales to deal with the downturn. Join discussion...