Entering text into the input field will update the search result below

ITC Holdings +12% on report that company is considering sale

Nov. 30, 2015 1:14 PM ETFortis Inc. (FTS) Stock, FTS:CA StockFTSBy: Carl Surran, SA News Editor2 Comments
  • ITC Holdings (ITC +12.2%) is trading again after a brief halt following a Bloomberg report that the company is working with financial advisers to explore a sale.
  • The electricity transmission company spiked 13% to above $38/share before the halt.
  • ITC is the only publicly traded utility specializing solely in high-voltage power lines, which are regulated by the FERC, and it has the highest return on equity among U.S. utility owners, according to Bloomberg.

Recommended For You

Related Stocks

SymbolLast Price% Chg
FTS
--
FTS:CA
--