Stock News and Filings Feed


Add FTS
to your dashboard

Fortis Inc. Provides Update on Recovery Efforts From Hurricane Irma on Turks and Caicos

2017-09-15 marketwired
ST. JOHN'S, NEWFOUNLAND AND LABRADOR--(Marketwired - Sept. 15, 2017) - Fortis Inc. ("Fortis" or the "Corporation") (TSX:FTS)(NYSE:FTS) provided an update today on the status of its response efforts in the Turks and Caicos Islands following the aftermath of Hurricane Irma which hit the Islands last week. FortisTCI provides electrical service to most of the country.

Should You Add Pinnacle West (PNW) to Your Portfolio Now?

2017-09-13 zacks
Pinnacle West Capital Corporation’s (PNW - Free Report) continuous investments in traditional generation, transmission & distribution lines will help it serve customers efficiently. Improving economic conditions in its service territories has also been positively impacting demand. Adding this Zacks Rank #2 (Buy) stock to your portfolio now is a good idea, given the following positive factors. Positive Growth Projections: The Zacks Consensus Estimate for earnings is $4.

SABESP (SBS) Stock Struggles With Costs, Debt & Politics

2017-08-18 zacks
We issued an updated research report on Companhia de Saneamento Basico do Estado de Sao Paulo (SBS - Free Report) or SABESP on Aug 18.

Federal Government Announces Funding of Wataynikaneyap Power's Project to Connect First Nation to Ontario's Power Grid

2017-08-17 marketwired
THUNDER BAY, ONTARIO--(Marketwired - Aug. 17, 2017) - Today's funding announcement of up to $60 million by the Government of Canada to connect Pikangikum First Nation to Ontario's power grid is being welcomed by all First Nations who are part of the larger transmission project known as Wataynikaneyap Power.

SABESP (SBS) Q2 Earnings Lag, Fall Y/Y on Higher Expenses

2017-08-16 zacks
Companhia de Saneamento Basico do Estado de Sao Paulo or SABESP (SBS - Free Report) reported disappointing second-quarter 2017 results with net income declining 58.4% year over year. Earnings per share came in at R$0.49 versus R$1.17 reported in the second quarter of 2016. Considering the American Depository Receipt equivalent of earnings per share, the bottom line was 15 cents, below 33 cents in the year-ago quarter and the Zacks Consensus Estimate of 25 cents.

NextEra Energy Poised to Grow on Investments: Time to Buy?

2017-08-14 zacks
We issued an updated research report on NextEra Energy, Inc. (NEE - Free Report) on Aug 11. The company started off 2017 on a solid note as more natural gas pipelines came online in the second quarter. Shares of NextEra Energy have outperformed the industry’s rally in the last twelve months. Additionally, earnings per share and total revenue in the second quarter were better than the Zacks Consensus Estimate owing to significant contributions from both FPL and NEER segments.

COPEL (ELP) Q2 Earnings Down Y/Y on Lower Sales, High Costs

2017-08-11 zacks
Companhia Paranaense de Energia or COPEL reported disappointing results for second-quarter 2017, recording year-over-year decline of 84.9% in net income. The bottom line suffered from lower revenue generation and rise in operating costs and expenses. Earnings per share came in at R$0.51 or 16 cents per American Depository Receipt, down from R$3.63 per share or $1.04 per ADR in the year-ago quarter.

Fortis Inc. Announces Termination of Consumer Share Purchase Plan

2017-08-11 marketwired
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwired - Aug. 11, 2017) - Fortis Inc. ("Fortis" or the "Corporation") (TSX:FTS)(NYSE:FTS) announced today that it intends to terminate its Consumer Share Purchase Plan (the "CSPP") effective September 13, 2017. The CSPP is available to residents of Newfoundland and Labrador and Prince Edward Island and facilitates the investment by participants of cash and the reinvestment of dividends, in each case, to purchase common shares of the Corporation.

New Strong Buy Stocks for August 7th

2017-08-07 zacks
Badger Meter, Inc. (BMI - Free Report) : This manufacturer and marketer of products incorporating flow measurement, control and communication solutions has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.6% over the last 30 days.

Fortis Statement on Waneta Dam Agreement

2017-08-02 marketwired
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwired - Aug. 1, 2017) - Fortis Inc. ("Fortis"), (TSX:FTS)(NYSE:FTS) has been given notice from Teck Resources Limited ("Teck") that BC Hydro has exercised its right of first offer to acquire Teck's two-thirds interest in the Waneta Dam. As a result, the purchase agreement between Fortis and Teck has been terminated and Teck will pay Fortis a break fee of approximately $28,000,000.

Fortis: Q2 2017 Great, A Dividend Growth Stock Is Now Even Better

2017-07-30 seekingalpha
Fortis (FTS) (TSX:FTS) posted better than expected Q2 2017 earnings. In the past quarter, the company saw strong growth in both its revenues and earnings. In the past quarter, its development projects and recent announced acquisition of two-third of interest in BC’s Waneta Dam are progressing well. With a focus on organic growth in 2017 and perhaps the next few quarters, the company is expected to improve its margin and earnings and grow its dividend by 6% annually through 2021.

Fortis' (FTS) CEO Barry Perry on Q2 2017 Results - Earnings Call Transcript

2017-07-28 seekingalpha
Ladies and Gentlemen, thank you for standing by. This is the conference call operator. Welcome to the Fortis Inc. Q2 2017 Conference Call and Webcast. During the call, all participants will be in a listen-only mode. There will be a question-and-answer session following the presentation [Operator Instructions].

Newfoundland Power declares dividends on Series A, B, D and G First Preference Shares

2017-07-28 marketwired
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwired - July 28, 2017) - Newfoundland Power Inc. has declared regular quarterly dividends on its Series A, B, D and G First Preference Shares as follows:

Fortis Reports Strong Second Quarter Earnings of $257 million

2017-07-28 marketwired
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwired - July 28, 2017) - Fortis Inc. ("Fortis" or the "Corporation") (TSX:FTS)(NYSE:FTS), a leader in the North American regulated electric and gas utility industry, released its second quarter results today.

Fortis Inc. Announces Third Quarter Dividends - 2017

2017-07-28 marketwired
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwired - July 27, 2017) - The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX:FTS)(NYSE:FTS) has declared the following dividends:

Utility Stocks Q2 Earnings Due on Jul 28: PEG, CMS & More

2017-07-27 zacks
The Q2 earnings season is fast approaching its core. As of Jul 26, 171 S&P 500 members came up with their quarterly earnings. Total earnings for these companies are up 8.8% from the same period last year on 3.4% higher revenues. 78.9% of the companies beat EPS estimates while 70.8% topped revenue estimates. It is going to be another busy week with nearly 800 companies – including 183 S&P 500 members – expected to come up with earnings results.

Advisory: Fortis Inc. to Hold Teleconference on July 28 to Discuss Second Quarter 2017 Results

2017-07-20 marketwired
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwired - July 20, 2017) - Fortis Inc. ("Fortis" or the "Corporation") (TSX:FTS)(NYSE:FTS) will release its second quarter 2017 financial results on Friday, July 28, 2017. A teleconference and webcast will be held the same day at 10:00 a.m. (Eastern). Barry Perry, President and Chief Executive Officer, and Karl Smith, Executive Vice President, Chief Financial Officer, will discuss Fortis' second quarter 2017 financial results.

Fortis Inc. to Hold Teleconference on July 28 to Discuss Second Quarter 2017 Results

2017-07-10 marketwired
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwired - July 10, 2017) - Fortis Inc. ("Fortis" or the "Corporation") (TSX:FTS)(NYSE:FTS) will release its second quarter 2017 financial results on Friday, July 28, 2017. A teleconference and webcast will be held the same day at 10:00 a.m. (Eastern). Barry Perry, President and Chief Executive Officer, and Karl Smith, Executive Vice President, Chief Financial Officer, will discuss Fortis' second quarter 2017 financial results.

Fortis Inc. Announces Closing and Results of Exchange Offer

2017-07-07 marketwired
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwired - July 7, 2017) - Fortis Inc. ("Fortis" or the "Corporation") (TSX:FTS)(NYSE:FTS) announced today the closing and results of its offer to exchange (the "Exchange Offer") US$2.0 billion aggregate principal amount of its new senior unsecured notes (the "New Notes") registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") for a like principal amount of its outstanding unregistered senior unsecured notes (the "Old Notes").

20 Canadian Stocks To Build A High-Quality Portfolio

2017-07-03 seekingalpha
To combat this problem, one could create an equally weighted portfolio of 20 stocks (2 from each sector, excluding healthcare).

Fortis: Growth Initiatives Will Support 6% Annual Dividend Growth

2017-06-30 seekingalpha
Fortis' CEO Barry Perry recently spoke of his optimism that Fortis could beat its annual 5% growth target.

Fortis Inc. President and CEO Barry Perry to Present at J.P. Morgan Energy Equity Conference

2017-06-22 marketwired
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwired - June 22, 2017) - Fortis Inc. ("Fortis" or the "Corporation") (TSX:FTS)(NYSE:FTS) President and CEO, Barry Perry, will present at the J.P. Morgan Energy Equity Conference in New York City, on Tuesday, June 27, 2017 between 10:40 a.m. and 11:15 a.m. (Eastern Time).

FortisOntario Inc. Marks National Aboriginal Day with Donation to Wapekeka First Nation to Help Build Youth Centre Focused on Mental Health

2017-06-21 marketwired
TORONTO, ONTARIO--(Marketwired - June 21, 2017) - With First Nations communities throughout Northwestern Ontario struggling with a host of issues from lack of access to reliable power to economic and social hardships, FortisOntario Inc. announced a contribution today to help kick start a funding campaign to build a youth centre in Wapekeka First Nation.

Canadian Utilities Stocks Under Review: Hydro One, Fortis, Brookfield Infrastructure Partners, and Canadian Utilities

2017-06-21 accesswire
LONDON, UK / ACCESSWIRE / June 21, 2017 / Pro-Trader Daily has lined up these stocks for our daily research reports coverage. Before the markets open, Pro-TD makes a brief technical snapshot of select stocks with the Utilities – Regulated industry and that trades on the Toronto Exchanges. This Morning, our team have regrouped these stocks for study: Hydro One, Fortis, Brookfield Infrastructure Partners, and Canadian Utilities.