ITC Revenue, Profits Rise In Second Quarter, Six MonthsNovi-based ITC Holdings Corp. (NYSE: ITC), the nation's largest independent electric transmission company, reported net income of $47.4 million or 90 cents a share in the second quarter ended June 30, up from $42.4 million or 81 cents a share in the same quarter a year earlier.
ITC Provides Initial 2013 Earnings, Capital Investment GuidanceITC 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.
MPSC Approves Route For ITC Thumb Loop ProjectNovi-based ITCTransmission said it has received a siting certificate for its Thumb Loop high-voltage transmission line project from the Michigan Public Service Commission, setting the stage for new power lines for coming Thumb wind energy projects.

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