Fortis Inc T.FTS.P.H

Primary Symbol: T.FTS Alternate Symbol(s): T.FTS.P.J | FORFF | T.FTS.P.K | T.FTS.P.M | FTRSF | FTS | FRTSF | FTPSF | T.FTS.P.F | T.FTS.P.G | T.FTS.P.I

Utilities Utilities - Diversified

Fortis Inc. is a Canada-based diversified regulated electric and gas utility holding company. The Company's regulated utility businesses includes ITC Investment Holdings Inc., ITC Holdings Corp. and the electric transmission operations of its regulated operating subsidiaries, which include International Transmission Company, Michigan Electric Transmission Company, LLC, ITC Midwest LLC and ITC Great Plains, LLC; UNS Energy Corporation, which primarily includes Tucson Electric Power Company (TEP), UNS Electric, Inc. and UNS Gas, Inc.; CH Energy Group, Inc, which primarily includes Central Hudson Gas and Electric Corporation; FortisBC Energy Inc.; FortisAlberta Inc. and FortisBC Inc. The Company’s non-regulated businesses include energy infrastructure and corporate and other.

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Fortis Inc > Possible cause of FTS stock decrease on Friday

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Comment by rfguysdon Feb 20, 2021 2:00pm

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Post# 32619173

RE:RE:Possible cause of FTS stock decrease on Friday

Maybe so Dibah420 but all (most?) of the utilities pulled back for this reason.

https://www.cnbc.com/quotes/US10Y .

I have included a snap picture and a link to the graph. Not sure if the stockhouse editor is good enough to handle graphs.so you mwill need to g to the website. '

This graph says it all. Interest rates are expected to rise. Rising interest rates are BAD for utilities ....not so much for the banks(yet). Make sense.

GLTA
RFguy

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