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Fortis Inc (FTS.TO)

FTS.TO on Toronto Stock Exchange

43.21CAD
16 Aug 2018
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Latest Key Developments (Source: Significant Developments)

Fortis Reports Q2 Adj EPS C$0.57
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Fortis Inc ::FORTIS REPORTS SECOND QUARTER 2018 EARNINGS.ON A YEAR-TO-DATE BASIS, EARNINGS PER SHARE C$1.33.Q2 ADJUSTED EARNINGS PER SHARE C$0.57.CONSOLIDATED CAPITAL EXPENDITURES WERE $1.5 BILLION DURING FIRST HALF OF 2018 AND ARE EXPECTED TO REACH $3.2 BILLION IN 2018.  Full Article

Fortis to issue 17th series convertible bonds worth 10 bln won
Thursday, 19 Jul 2018 

July 19 (Reuters) - Fortis Inc <141020.KQ> ::* Says it will issue 17th series unregistered and unsecured private convertible bonds, to raise 10 billion won in proceeds for operations .* Maturity date is Aug. 20, 2021, coupon rate is 0 percent and yield to maturity is 4 percent for the bonds.* Conversion price is 2,130 won/share and conversion ratio is 100 percent .  Full Article

Fortis issues 16th series convertible bonds worth 10.95 bln won
Monday, 2 Jul 2018 

July 2 (Reuters) - Fortis Inc <141020.KQ> ::Says it completed issuance of 16th series unregistered and unsecured private convertible bonds worth 10.95 billion won .  Full Article

Fortis to buy 36.07 pct stake in PT. Lejel Shopping for 8.62 bln won
Monday, 2 Jul 2018 

July 2 (Reuters) - Fortis Inc <141020.KQ> ::Says it plans to buy 9,377 shares of PT. Lejel Shopping for 8.62 billion won for business diversity and profit improvement .It will hold 36.07 percent stake(9,377 shares) in target company after transaction .  Full Article

Fortis appoints CEO
Wednesday, 30 May 2018 

May 30 (Reuters) - Fortis Inc <141020.KQ> : :Says it changed CEO of the co to Cho Jae Hoon.  Full Article

Fortis Reports Q1 Earnings Per Share C$0.77
Tuesday, 1 May 2018 

May 1 (Reuters) - Fortis Inc ::FORTIS INC. REPORTS FIRST QUARTER 2018 EARNINGS.Q1 ADJUSTED EARNINGS PER SHARE C$0.69.Q1 EARNINGS PER SHARE C$0.77.Q1 EARNINGS PER SHARE VIEW C$0.72 -- THOMSON REUTERS I/B/E/S.CONSOLIDATED CAPITAL EXPENDITURES ARE EXPECTED TO REACH $3.2 BILLION IN 2018.CORPORATION'S $15.1 BILLION FIVE-YEAR CAPITAL EXPENDITURE PLAN IS EXPECTED TO INCREASE RATE BASE TO $33 BILLION BY 2022.  Full Article

Fortis Names New Executive Vice President, Chief Financial Officer
Monday, 30 Apr 2018 

April 30 (Reuters) - Fortis Inc ::. APPOINTS NEW EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER.KARL SMITH, CURRENT EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER, WILL RETIRE MAY 31, 2018.APPOINTMENT OF JOCELYN PERRY AS EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER AT FORTIS EFFECTIVE JUNE 1, 2018.  Full Article

Fortis to issue 14th series convertible bonds worth 10 bln won
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Fortis Inc <141020.KQ> ::Says it will issue 14th series unregistered/unsecured convertible bonds worth of 10 billion won.Says a 100 percent conversion rate of bonds to common shares at 1,510 won/share.Says annual coupon rate is 0 percent and yield to maturity is 0 percent, and conversion period from March 20, 2019 to Feb. 27, 2021 .  Full Article

Fortis issues 13th series convertible bonds worth 1.5 bln won
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - Fortis Inc <141020.KQ> ::Says it completed issuance of 15th series unregistered and unsecured private convertible bonds worth 1.5 billion won .  Full Article

Fortis to sell entire stake in Online Cargo Service for 6.5 bln won
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Fortis Inc <141020.KQ> ::Says it plans to sell its entire 104,406 shares of Online Cargo Service Co.Ltd, a logistic company, for 6.5 billion won .  Full Article

Marine shipping sector eyes LNG to meet clean fuel rules

WASHINGTON, June 28 With new global emissions standards looming, the marine shipping industry is increasingly looking at liquefied natural gas as alternative to high-sulfur bunker fuel, shipping and energy executives said at a global gas summit this week.