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Fortis Inc. - FTS STOCK NEWS

Welcome to our dedicated news page for Fortis (Ticker: FTS), a resource for investors and traders seeking the latest updates and insights on Fortis.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Fortis's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Fortis's position in the market.

News
Advisory: Fortis Inc. to Hold Teleconference on May 1 to Discuss First Quarter 2024 Results and Hold Annual and Special Meeting on May 2
Rhea-AI Summary
Fortis Inc. will hold a teleconference on May 1, 2024, to discuss its first quarter 2024 financial results. The 's President and CEO, David Hutchens, along with CFO Jocelyn Perry, will lead the discussion. Shareholders, analysts, and other interested parties can participate in the live webcast to ask questions. The Annual and Special Meeting of Shareholders will take place on May 2, 2024, both in-person and online.
Rhea-AI Impact
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earnings
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Fortis Inc. to Hold Teleconference on May 1 to Discuss First Quarter 2024 Results and Hold Annual and Special Meeting on May 2
Rhea-AI Summary
Fortis Inc. will release its first quarter 2024 financial results on May 1, 2024, followed by a teleconference and webcast. David Hutchens and Jocelyn Perry will discuss the financial results. The 2024 Annual and Special Meeting of Shareholders will be held on May 2, 2024, both in-person and online.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.64%
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earnings
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Fortis Inc. Releases 2024 Climate Report
Rhea-AI Summary
Fortis Inc. releases its 2024 Climate Report detailing climate-related impacts, risks, and opportunities. The report includes climate scenario analysis, physical and transition risks assessments, mitigation activities, and enhanced disclosures on climate governance. The company aims to minimize climate-related risks, maximize growth opportunities, and deliver cleaner energy to customers.
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Fortis Inc. Files 2023 Year-End Disclosure Documents
Rhea-AI Summary
Fortis Inc. files audited Consolidated Financial Statements for 2023 and announces upcoming Annual Meeting of Shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.31%
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Fortis Inc. Reports Fourth Quarter & Annual 2023 Results
Rhea-AI Summary
Fortis Inc. released its 2023 fourth quarter and annual financial results, reporting annual net earnings of $1.5 billion, or $3.10 per common share for 2023. The company achieved 50 years of common share dividend increases and saw a 33% reduction in Scope 1 emissions. However, the sale of Aitken Creek and higher corporate finance costs impacted the earnings year over year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.31%
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Fortis Inc. Announces Second Quarter Dividends – 2024
Rhea-AI Summary
Fortis Inc. has declared dividends payable to shareholders of record on June 1, 2024. The dividends range from $0.11469 to $0.59 per share on various series of First Preference Shares and Common Shares. The Corporation has designated the common share dividend and preference share dividends as eligible dividends for federal and provincial dividend tax credit purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.31%
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dividends
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Advisory: Fortis Inc. to Hold Teleconference and Webcast on February 9 to Discuss 2023 Annual Results
Rhea-AI Summary
Fortis Inc. will release its 2023 financial results on February 9, 2024, followed by a teleconference and webcast. The President and CEO, David Hutchens, and the CFO, Jocelyn Perry, will discuss the annual financial results. Shareholders, analysts, and the media can participate via webcast or toll-free call. An archived webcast will be available on the Corporation's website after the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.14%
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New UniSource Electric Rates Support Investments in Safe, Reliable Service
Rhea-AI Summary
UniSource Energy Services is implementing new electric rates to cover rising costs and support ongoing investments in safe, reliable service. The average monthly bills of typical residential customers on UniSource’s Basic pricing plan are expected to increase by $13.68 under the new rates, approved by the Arizona Corporation Commission. The new rates reflect more than $330 million the company has invested since 2014 to maintain reliable service and serve the increasing energy needs of growing communities in Mohave and Santa Cruz counties.
Rhea-AI Impact
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-1.16%
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TEP, UniSource Issue New All-Source Request for Proposals for Additional Energy Resources
Rhea-AI Summary
Tucson Electric Power (TEP) and UniSource Energy Services are seeking new generation facilities, energy storage systems, and energy efficiency resources through a joint all-source request for proposals (ASRFP) to meet customers' increasing energy needs while maintaining affordable service. The ASRFP targets resources to support the companies' 2023 integrated resource plans (IRPs) and seeks submissions by March 8, 2024. TEP's 2023 IRP plans to add 2,240 MW of wind and solar generation and 1,330 MW of energy storage by 2038, aiming for an 80 percent reduction in CO2 emissions by 2035. UniSource's 2023 IRP plans to more than double its electric energy resources by adding 350 MW of solar and wind resources, 200 MW of natural gas turbines, and 225 MW of energy storage systems by 2038.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.17%
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Fortis Inc. to Hold Teleconference and Webcast on February 9 to Discuss 2023 Annual Results
Rhea-AI Summary
Fortis Inc. (FTS) will release its 2023 financial results on February 9, 2024. The teleconference and webcast will feature David Hutchens, President and CEO, and Jocelyn Perry, EVP and CFO, discussing the annual financial results. Shareholders, analysts, and the media can participate in the live webcast or call in with questions. An archived webcast will be available on the Corporation's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
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Stock FTS logo
Fortis Inc.

NYSE:FTS

FTS Rankings

#520 Ranked by Market Cap
#1892 Ranked by Stock Gains
#496 Ranked by Dividends

FTS Stock Data

18.67B
489.80M
0.04%
57.77%
1.79%
Other Electric Power Generation
Utilities
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Canada
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About FTS

fortis inc. is a leader in the north american electric and gas utility business, with total assets of approximately $28 billion and fiscal 2014 revenue of $5.4 billion. its regulated utilities serve more than 3 million customers across canada and in the united states and the caribbean.