Michigan Electric Transmission Co.
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.
ITCTransmission, Michigan Electric Transmission Co. and ITC Midwest, operating subsidiaries of ITC Holdings Corp. (NYSE: ITC), have sent 63 utility crew members to assist in restoring power to customers affected by the recent storms on the East Coast.
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