Fortis

Fortis, Inc. is a holding company, which engages in energy generation and distribution. It operates through the following business segments: Regulated Utilities and Non-Regulated. The Regulated Utilities segment is composed of ITC, which contains mainly of the electric transmission operations of the ITC regulated operating subsidiaries; UNS Energy that offers vertically integrated utility services; Central Hudson, which provides regulated electric and gas T&D utility services; FortisBC Energy distributes natural gas in British Columbia; FortisAlberta, which involves in the ownership and operation of regulated electricity distribution facilities; FortisBC Electric includes the ownership of hydroelectric generating plants, high voltage transmission lines, and a large network of distribution assets; and Other Electric that contains utilities in the eastern Canada and Caribbean. The Non-Regulated segment consists of energy Infrastructure, which is primarily comprised of long-term contracted generation assets in British Columbia and Belize, and a gas storage facility in British Columbia, and Corporate & Other includes expenses and revenue items not specifically related to business operations. The company was founded in 1885 and is headquartered in St. John's, Canada.

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Fortis, Inc. is a holding company, which engages in the electric and gas utility industry. It operates through the Regulated Utilities and Non-Regulated segments. The Regulated Utilities segment includes ITC Holdings, UNS Energy Corporation, Central Hudson, FortisBC Energy, Fortis Alberta, FortisBC Electric, and Other Electric. The Non-Regulated segment focuses on energy infrastructure and corporate and other. The company was founded in 1885 and is headquartered in St. John's, Canada.

ST. JOHN'S, Newfoundland and Labrador, Aug.  26, 2020  (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its new five-year outlook for the period 2021-2025 on Wednesday, September 23, 2020. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern).  Barry Perry, President and Chief Executive Officer, Jocelyn Perry, Executive Vice President and Chief Financial Officer, David Hutchens, Executive Vice President and Chief Operating Officer and CEOs from certain subsidiaries will provide an update on operations and the business outlook for 2021 to 2025 including the capital plan and sustainability initiatives.

Fortis Inc. To Hold Teleconference on September 23 to Discuss New Five-Year Outlook

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ST. JOHN'S, Newfoundland and Labrador, Aug.  24, 2020  (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced today that its wholly owned subsidiary Fortis Energy (Bermuda) Ltd. ("FEBL") has agreed to provide a standby commitment (the "Standby Commitment") for a rights offering (the "Rights Offering") by Caribbean Utilities Company, Ltd. ("CUC") (TSX: CUP.U). Pursuant to the Rights Offering, CUC will issue up to an aggregate of 3,359,362 or 10% of its currently issued and outstanding Class A Ordinary Shares (the "CUC Shares"). FEBL will exercise the rights issued to it in the Rights Offering and will acquire a minimum of 1,946,032 CUC Shares at a price of US$14.24 per CUC Share for aggregate consideration of US$27,711,495.68.

Fortis Inc. Provides Standby Commitment to Caribbean Utilities Company, Ltd.

Fortis Inc. (FTS) CEO Barry Perry on Q2 2020 Results - Earnings Call Transcript

Fortis (FTS) delivered earnings and revenue surprises of -4.76% and -3.00%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Fortis (FTS) Misses Q2 Earnings and Revenue Estimates

ST. JOHN'S, Newfoundland and Labrador, July  30, 2020  (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric and gas utility industry, released its second quarter results1 today.

Fortis Inc. Reports Second Quarter 2020 Earnings

ST. JOHN'S, Newfoundland and Labrador, July  29, 2020  (GLOBE NEWSWIRE) --  The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following dividends:

Fortis Inc. Announces Third Quarter Dividends - 2020

ST. JOHN'S, Newfoundland and Labrador, July  23, 2020  (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its second quarter 2020 financial results on Thursday, July 30, 2020. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). Barry Perry, President and Chief Executive Officer, and Jocelyn Perry, Executive Vice President, Chief Financial Officer, will discuss the Corporation's second quarter 2020 financial results.

Advisory: Fortis Inc. to Hold Teleconference on July 30  to Discuss Second Quarter 2020 Results

Fortis (FTS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Fortis (FTS) Q2 Earnings Expected to Decline

ST. JOHN'S, Newfoundland and Labrador, July  20, 2020  (GLOBE NEWSWIRE) -- Barry Perry, President and CEO, Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today joined other senior leaders from Canadian public companies in a pledge to take action to end systemic anti-Black racism. The pledge is part of the BlackNorth Initiative and the newly formed Canadian Council of Business Leaders Against Anti-Black Systemic Racism. 

Fortis Signs BlackNorth Initiative Pledge to End Systemic Anti-Black Racism

Fortis (FTS) is a solid pick for your portfolio now, given its long-term investment plan and earnings growth projections.

5 Reasons to Add Fortis (FTS) to Your Portfolio Right Now

ST. JOHN'S, Newfoundland and Labrador, July  09, 2020  (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has released its   2020 Sustainability Report  . The document provides detailed information on the Corporation's commitment to protect the environment, ensure strong governance and support our people and local communities.

Fortis Inc. Releases 2020 Sustainability Report

ST. JOHN'S, Newfoundland and Labrador, July  02, 2020  (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its second quarter 2020 financial results on Thursday, July 30, 2020. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). Barry Perry, President and Chief Executive Officer, and Jocelyn Perry, Executive Vice President, Chief Financial Officer, will discuss the Corporation's second quarter 2020 financial results.

Fortis Inc. to hold teleconference on July 30 to discuss second quarter 2020 results

Fortis (FTS) intends to curb 80% carbon emission from its Tucson Electric Power by 2035.

Fortis (FTS) to Trim Emissions From Tucson Electric Power

ST. JOHN'S, Newfoundland and Labrador, June  26, 2020  (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today announced that its utility Tucson Electric Power ("TEP") in Arizona has set a target to reduce carbon emissions by 80% by 2035. Details of the clean energy targets are included in the utility's 2020 Integrated Resource Plan ("IRP" or the "Plan") which will be filed today with the Arizona Corporation Commission.

Fortis Utility Tucson Electric Power Sets Target to Reduce Carbon Emissions by 80 Percent by 2035

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ST. JOHN'S, Newfoundland and Labrador, June  01, 2020  (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX: FTS) announced today that 267,341 of its 7,024,846 issued and outstanding Cumulative Redeemable Five-Year Fixed Rate Reset First Preference Shares, Series H ("Series H Shares") were tendered for conversion, on a one-for-one basis, into Cumulative Redeemable Floating Rate First Preference Shares, Series I ("Series I Shares") and that 907,577 of its 2,975,154 Series I Shares were tendered for conversion, on a one-for-one basis, into Series H Shares. As a result of the conversion, Fortis has 7,665,082 Series H Shares and 2,334,918 Series I Shares issued and outstanding. The Series H Shares and the Series I Shares will continue to be listed on the Toronto Stock Exchange ("TSX") under the symbols FTS.PR.H and FTS.PR.I, respectively.

Fortis Inc. Announces Results of Series H First Preference Share and Series I Preference Share Conversions

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ST. JOHN'S, Newfoundland and Labrador, May  07, 2020  (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced the voting results from its Annual and Special Meeting of Shareholders held virtually today. Shareholders voted in favour of all items of business before the meeting, including electing the nominated directors, appointing Deloitte LLP as the Corporation's auditors, approving Advance Notice By-Law No. 2 and voting on an advisory basis to accept the Corporation's approach to executive compensation.

Fortis Inc. Shareholders Approve Election of Directors, Appointment of Auditors, Advance Notice By-Law No.2 and Say on Pay

Fortis' (FTS) CEO Barry Perry on Q1 2020 Results - Earnings Call Transcript

Fortis (FTS) delivered earnings and revenue surprises of -1.92% and 1.46%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Fortis (FTS) Q1 Earnings Miss Estimates

ST. JOHN'S, Newfoundland and Labrador, April  29, 2020  (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its first quarter 2020 financial results on Wednesday, May 6, 2020. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). Barry Perry, President and Chief Executive Officer, and Jocelyn Perry, Executive Vice President, Chief Financial Officer, will discuss the Corporation's first quarter 2020 financial results.

Advisory: Fortis Inc. to Hold Teleconference on May 6 to Discuss First Quarter 2020 Results and Hold Virtual 2020 Annual and Special Meeting on May 7

ST. JOHN'S, Newfoundland and Labrador, March  25, 2020  (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) President and Chief Executive Officer Barry Perry today acknowledged and thanked employees for the important work they are doing across its operations in Canada, the United States and the Caribbean. Fortis employees are maintaining and operating the electricity grids and natural gas networks that are delivering the energy required to run essential services in their local communities through this COVID-19 crisis.

FORTIS INC. PRESIDENT AND CEO THANKS CORPORATION'S EMPLOYEES

Fortis Law Partners, a boutique law firm in Colorado, announced Alyson Jaen has been appointed as the new head of the firm’s cannabis practice.

Fortis Law Partners Appoints Alyson Jaen As Head Of Cannabis Practice

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News for Fortis Stock (FTS)