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Fortis Inc T.FTS

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

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.


TSX:FTS - Post by User

Bullboard Posts
Post by canneon Jul 19, 2018 4:35pm
234 Views
Post# 28341237

interest rates

interest ratesthey are starting to talk about the end of interest hikes in the US, given the turmoil Trump is causing in world markets and his desire to get re-elected. Utilities are sensitive to hikes but one must remember when they make an acquisition, they are not throwing money out the window like buying a new car, the acquisition (if properly done) adds to the bottom line and if it doesn't, they go to the utility regulators and get a rate increase.
Bullboard Posts