We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
Fortis Inc. (TSE:FTS) shareholders have seen the share price descend 16% over the month. On the bright side the...
Whilst it may not be a huge deal, we thought it was good to see that the Fortis Inc. (TSE:FTS) Independent Corporate...
ST. JOHN'S, Newfoundland and Labrador, May 06, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric and gas utility industry, released its first quarter results today. "The strength of our diversified business model was evident in the first quarter as our business performed well, reflecting modest impacts associated with the COVID-19 pandemic," said Barry Perry, President and Chief Executive Officer, Fortis.
ST. JOHN'S, Newfoundland and Labrador, March 17, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today announced its annual and special meeting on May 7, 2020 will be held online. The Corporation will forego an in-person meeting in response to the COVID-19 pandemic. Details on how shareholders can access the virtual meeting will be provided in the coming weeks.
Fortis makes the list Continue reading...
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll apply a...
ST. JOHN'S, Newfoundland and Labrador, Feb. 14, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis") President and CEO, Barry Perry, today announced a $500,000 donation to enhance cancer care in Newfoundland and Labrador. The donations will help cancer patients in this province in two ways. Half of the donation will be to the Health Care Foundation, supporting their efforts to renovate and upgrade 4 North A of the Health Sciences Centre.
Fortis Inc. (TSE:FTS) just released its latest quarterly report and things are not looking great. Fortis missed...
ST. JOHN'S, Newfoundland and Labrador, April 14, 2020 -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its first quarter 2020 financial results.
Whilst it may not be a huge deal, we thought it was good to see that the Fortis Inc. (TSE:FTS) Vice President of...
Image source: The Motley Fool. Fortis Inc. (NYSE: FTS)Q1 2020 Earnings CallMay 6, 2020, 8:30 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorLadies and gentlemen, thank you for standing by.
Royal Bank of Canada makes the list Continue reading...
Fortis (FTS) delivered earnings and revenue surprises of -1.92% and 1.46%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
ST. JOHN'S, Newfoundland and Labrador, April 29, 2020 -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its first quarter 2020 financial results.
Today we will run through one way of estimating the intrinsic value of Fortis Inc. (TSE:FTS) by estimating the...
ST. JOHN'S, Newfoundland and Labrador, May 07, 2020 -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced the voting results from its Annual and Special.
FTS vs. UTL: Which Stock Is the Better Value Option?
ST. JOHN'S, Newfoundland and Labrador, May 07, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today held a virtual Annual and Special Meeting of shareholders. At the meeting, Fortis President and CEO Barry Perry discussed the financial results for 2019 and the first quarter of 2020, and also discussed the impact of COVID-19 on the business. In 2019 Fortis delivered strong annual net earnings of approximately $1.7 billion, deployed $3.8 billion in capital expenditures and marked 46 years of consecutive annual common share dividend payment increases.
ST. JOHN'S, Newfoundland and Labrador, March 25, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) President and Chief Executive Officer Barry Perry today acknowledged and thanked employees for the important work they are doing across its operations in Canada, the United States and the Caribbean. Fortis employees are maintaining and operating the electricity grids and natural gas networks that are delivering the energy required to run essential services in their local communities through this COVID-19 crisis. "As we continue to respond to the current COVID-19 pandemic, I want to thank our 9,000 Fortis employees for their work and dedication to ensure the electricity grid and natural gas network remains strong," said Barry Perry, President and CEO, Fortis.