Financial Press Releases

 
Financial Press Releases
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Aug 17, 2016
NOVI, Mich., Aug. 17, 2016 /PRNewswire/ -- ITC Holdings Corp. (NYSE: ITC) announced today that its board of directors declared a quarterly cash dividend of $0.2155 per share, an increase of approximately 15 percent from the previous quarterly rate of $0.1875 per share.  This represents the eleventh consecutive year that ITC has raised the dividend ...
Aug 16, 2016
ST. JOHN'S, Newfoundland and Labrador and NOVI, Mich., Aug. 16, 2016 /PRNewswire/ -- Fortis Inc. ("Fortis" or "the Corporation") (TSX: FTS) and ITC Holdings Corp. ("ITC") (NYSE: ITC) today announced the final approval of the Oklahoma Corporation Commission ("OCC") of the Corporation's application to acquire ITC.   The approval marks another milesto...
Jul 28, 2016
NOVI, Mich., July 28, 2016 /PRNewswire/ --   Highlights Second quarter 2016 reported earnings of $0.46 per diluted common share; second quarter 2016 operating earnings of $0.58 per diluted common share Reported earnings for the six months ended June 30, 2016 of $0.88 per diluted common share; operating earnings for the six mon...
Jul 14, 2016
NOVI, Mich., July 14, 2016 /PRNewswire/ -- ITC Holdings Corp. (NYSE: ITC) today announced that it will release consolidated financial results for the second quarter ended June 30, 2016 before the market opens on July 28, 2016.  Due to the pending acquisition by Fortis Inc., ITC Holdings Corp. will no longer host a quarterly webcast and conference c...
Jun 29, 2016
NOVI, Mich., June 29, 2016 /PRNewswire/ -- ITC Holdings Corp. (NYSE: ITC) today announced that it has priced an underwritten public offering of $400.0 million aggregate principal amount of its 3.25% senior unsecured notes due 2026 (the "notes"). The offering is expected to close on July 5, 2016, subject to customary closing conditions. The n...
May 25, 2016
NOVI, Mich., May 25, 2016 /PRNewswire/ -- ITC Holdings Corp. (NYSE: ITC) today implemented organizational changes to focus leadership of its business units under its chief business unit officer, consolidate select business functions under a chief administrative officer, and continue to support the ongoing development of its management team. ...
May 25, 2016
NOVI, Mich., May 25, 2016 /PRNewswire/ -- ITC Holdings Corp. (NYSE: ITC) announced today that Rejji P. Hayes has been promoted to executive vice president and chief financial officer for ITC Holdings Corp.  Mr. Hayes continues to be responsible for the company's accounting, internal audit, investor relations, treasury, financial planning and analys...
May 19, 2016
NOVI, Mich., May 19, 2016 /PRNewswire/ -- ITC Holdings Corp. (NYSE: ITC) announced that it will hold a special meeting of its shareholders on June 22, 2016 at which shareholders will be asked to adopt and approve the previously announced transaction with Fortis Inc. (TSX: FTS). On February 9, 2016, Fortis and ITC announced that the two compa...
May 19, 2016
NOVI, Mich., May 19, 2016 /PRNewswire/ -- ITC Holdings Corp. (NYSE: ITC) announced today that its board of directors declared a quarterly cash dividend of $0.1875 per share, payable on June 15, 2016 to shareholders of record on June 1, 2016.  About ITC Holdings Corp. ITC Holdings Corp. (NYSE: ITC) is the nation's largest independent electri...
Apr 28, 2016
NOVI, Mich., April 28, 2016 /PRNewswire/ -- Highlights First quarter 2016 operating earnings of $0.55 per diluted common share increased over the same period last year; first quarter 2016 reported earnings of $0.42 per diluted common share Capital investments of $176.6 million for the three months ended March 31, 2016 ...
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