Fortis Inc T.FTS.PR.I

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

Utilities Utilities - Diversified

Fortis Inc. is a Canada-based diversified regulated electric and gas utility holding company. Its regulated utility businesses include 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 includes Tucson Electric Power Company, UNS Electric, Inc. and UNS Gas, Inc., and CH Energy Group, Inc., which includes Central Hudson Gas & Electric Corporation. Its regulated utility businesses also include FortisBC Energy Inc.; FortisAlberta Inc.; FortisBC Inc., and Eastern Canadian and Caribbean utilities: Newfoundland Power Inc.; Maritime Electric Company, Limited; FortisOntario Inc.; FortisTCI Limited and Turks and Caicos Utilities Limited, and Belize Electricity Limited. ITC Holdings Corp. is the independent electricity transmission company.

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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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