News
Patterson Hails Three Outstanding Community Leaders at 19th Annual Quality People, Quality County Breakfast
Pontiac, Michigan -- Oakland County Executive L. Brooks Patterson today honored three individuals for making Oakland County a better place to live, work, play and raise a family at the 19th Annual Quality People, Quality County (Q2) breakfast at the Centerpoint Marriot in Pontiac.
Receiving accolades this year were Marye Miller, executive director of the Older Persons’ Commission (OPC) in Rochester; Forrest Milzow, philanthropist and owner of the Deer Lake Athletic Club in Clarkston; and Joseph Welch, president and CEO of ITC Holdings in Novi.
Oakland County Michigan - Press Release - September 14, 2011
ITC Holdings Corp. Appoints J.C. Watts, Jr., M. Michael Rounds and Christopher H. Franklin to Board of Directors
Appointments Broaden Board's Expertise
NOVI, Mich., Aug. 23, 2011 /PRNewswire/ -- ITC Holdings Corp. (NYSE: ITC) has appointed former U.S. Congressman J.C. Watts, Jr., former South Dakota Governor M. Michael Rounds and public utility executive Christopher H. Franklin to its board of directors as independent board members, effective August 17, 2011. These appointments expand ITC's board of directors from seven to ten members.
ITC Holdings Corp. Increases Quarterly Dividend
NOVI, Mich., Aug. 17, 2011 /PRNewswire/ -- ITC Holdings Corp. (NYSE: ITC) announced today that its board of directors declared a quarterly cash dividend of $0.3525 per share, an increase of 5.2% from the previous quarterly rate of $0.335 per share.
ITC Holdings Reports Increased Second Quarter and Year-to-Date 2011 Results; Raises 2011 Earnings Per Share and Capital Guidance
NOVI, Mich., July 27, 2011 /PRNewswire/ --
Highlights
- Net income for the second quarter of $43.0 million, or $0.83 per diluted common share
- Net income for the six months ended June 30, 2011 of $85.0 million, or $1.64 per diluted common share
- Capital investments of $271.6 million for the six months ended June 30, 2011
- 2011 earnings per share guidance increased to $3.25 to $3.35 per share and capital expenditure guidance increased to $600 to $645 million
ITC Schedules Second Quarter 2011 Earnings Release and Webcast of Earnings Call
NOVI, Mich., July 14, 2011 /PRNewswire/ -- ITC Holdings Corp. (NYSE: ITC) today announced that it will release consolidated financial results for the second quarter ended June 30, 2011, after the market closes on July 27, 2011.
ITC Great Plains Receives Siting Approval for the Kansas V-Plan Transmission Line Project
TOPEKA, Kan., July 13, 2011 /PRNewswire/ -- ITC Great Plains, LLC yesterday received siting approval from the Kansas Corporation Commission (KCC) for the V-Plan high-voltage electric transmission line, a project designed to connect eastern and western Kansas. The route approved by the KCC for the 345,000 volt (345kV) double-circuit line runs approximately 122 miles through southwestern Kansas from the existing Spearville substation to two new substations: the Clark County substation in northern Clark County and the Thistle substation east of Medicine Lodge in central Barber County.
/C O R R E C T I O N -- ITC Holdings Corp./
In the news release, ITC Holdings Corp. Declares Dividend to Shareholders, issued 26-May-2011 by ITC Holdings Corp. over PR Newswire, we are advised by the company that the date for shareholders of record should be "June 6, 2011" rather than "June 1, 2011" as originally issued inadvertently. The complete, corrected release follows:
ITC Holdings Reports Increased First Quarter 2011 Results
NOVI, Mich., April 27, 2011 /PRNewswire/ --
Highlights
- Net income for the first quarter of $42.0 million, or $0.81 per diluted common share
- Capital investments of $128.9 million for the three months ended March 31, 2011
- Reaffirmed 2011 earnings per share guidance of $3.20 to $3.30 per share and capital expenditure guidance of $560 to $640 million
ITC Schedules First Quarter 2011 Earnings Release and Webcast of Earnings Call
NOVI, Mich., April 13, 2011 /PRNewswire/ -- ITC Holdings Corp. (NYSE: ITC) today announced that it will release consolidated financial results for the quarter ended March 31, 2011, after the market closes on April 27, 2011.
ITC Holdings Reports Increased Fourth Quarter and Year-End 2010 Results
NOVI, Mich., Feb. 22, 2011 /PRNewswire/ --
Highlights
- Net income for the fourth quarter of $36.8 million, or $0.71 per diluted common share
- Year-end 2010 net income of $145.7 million, or $2.84 per diluted common share
- Capital investments of $454.6 million for the year ended December 31, 2010
- Reaffirmed 2011 earnings per share guidance of $3.20 to $3.30 per share and capital investment guidance of $560 million to $640 million