The Novi power grid owner ITC Holdings Corp. (NYSE: ITC) Thursday reported net income of $59 million or $1.12 a share in the third quarter ended Sept. 30, up from $51.2 million or 98 cents a share in the third quarter of 2012.
The grid is now ready for more wind power from Michigan’s thumb.
ITC Holdings Corp. (NYSE: ITC),l the nation’s largest manager of the power grid, reported higher revenue and profit for the first quarter of 2013.
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.
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.
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.
NOVI — ITC Holdings Corp. (NYSE: ITC) last week announced that it has won the SF6 Team Leadership Award from the U.S. Environmental Protection Agency in recognition of its continued commitment to SF6 emission reductions. The […]
A nearly $50 million investment by Novi-based ITC Holdings, which owns much of the power grid in Michigan, will make electrical service in Michigan, the Midwest and Ontario more efficient and reliable.
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.