ITC Great Plains LLC, a subsidiary of Novi-based ITC Holdings Corp., has placed Phase II of the Kansas Electric Transmission Authority high-voltage electric transmission project into service, marking completion of the project.
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ITC Holdings Corp. Monday provided initial stand-alone operating earnings guidance for 2013 in the range of $4.80 to $5 a share. The operating earnings guidance provided is a non-GAAP measure which excludes the impact of after-tax expenses associated with ITC’s transaction with Entergy Corp.
Novi-based ITC Holdings Corp. provided an update on its Thumb Loop project for local officials in an “appreciation event” attended by about 60 people Tuesday.
ITC Holdings Corp., the Novi-based owner and manager of a signficant chunk of the nation’s electric grid, reported revenue of $214.8 million in the quarter ended Sept. 30, up from $191.3 million a year earlier. For the nine months, revenue was $608.9 million, up from $555.8 million a year earlier.
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ITC Holdings Corp. (NYSE: ITC) last week reported net income of $42.4 million or 81 cents a share in the second quarter, down from $43 million or 83 cents a share in the second quarter of 2011.
President Barack Obama easily won an unscientific election of the crowd Wednesday night after an evening political panel discussion at the Detroit Regional Chamber’s Mackinac Policy Conference.
Novi-based ITCTransmission, a wholly owned subsidiary of ITC Holdings Corp., the nation’s largest independent electricity transmission company, Friday announced it has selected Iron Mountain-based M.J. Electric LLC, a Quanta Services company (NYSE: PWR), to build the first segment of the Thumb Loop high-voltage transmission line.
The Novi-based power grid operator ITC Holdings Corp. (NYSE: ITC) reported higher revenue and net income for the fourth quarter and year ended Dec. 31.