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Latest ITC Holdings Corp. Stories

2014-07-23 16:22:31

NOVI, Mich., July 23, 2014 /PRNewswire/ -- ITC Holdings Corp. (NYSE: ITC) today announced that it will release consolidated financial results for the second quarter ended June 30, 2014 before the market opens on August 6, 2014. In addition, ITC will conduct a webcast and conference call at 11 a.m. Eastern on August 6, 2014. Joseph L. Welch, chairman, president and CEO, and Rejji P. Hayes, vice president, treasurer and interim CFO, will discuss the financial results. Individuals...

2014-06-20 08:20:57

NOVI, Mich., June 20, 2014 /PRNewswire/ -- ITC Holdings Corp. (NYSE: ITC) announced today that it has entered into an accelerated share repurchase program (ASR) with JPMorgan Chase Bank, National Association ("JPMorgan") for up to $150 million of the company's common stock. The ASR is part of ITC's board-approved share repurchase program authorizing the repurchase of up to $250 million through December 31, 2015, as originally announced on April 15, 2014. "This ASR demonstrates ITC's...

2014-06-02 16:21:42

NOVI, Mich., June 2, 2014 /PRNewswire/ -- ITC Holdings Corp. (NYSE: ITC) today announced the final results of its previously announced cash tender offer for any and all of its outstanding $255,000,000 aggregate principal amount of 5.875% Senior Notes due 2016 (the "2016 Senior Notes") and its outstanding $255,000,000 aggregate principal amount of 6.375% Senior Notes due 2036 (the "2036 Senior Notes" and, together with the 2016 Senior Notes, the "Notes"). As of 11:59 p.m., New York...

2014-05-29 16:23:00

NOVI, Mich., May 29, 2014 /PRNewswire/ -- ITC Holdings Corp. (NYSE: ITC) today announced that The Public Service Commission of Wisconsin (PSCW) has approved its applications to become an authorized public utility holding company in the state and for its operating subsidiary ITC Midwest LLC to become a Wisconsin public utility. The approvals issued by the PSCW on May 7 represent ITC Midwest's first step toward developing its portion of a regional transmission project in Wisconsin and...

2014-05-28 16:28:09

NOVI, Mich., May 28, 2014 /PRNewswire/ -- ITC Holdings Corp. (NYSE: ITC) today announced that it has priced an underwritten public offering of $400 million aggregate principal amount of 3.65% senior unsecured notes due 2024 (the "notes"). The offering is expected to close on June 4, 2014, subject to customary closing conditions. The net proceeds from this offering will be used to repay borrowings under ITC Holdings' revolving credit agreement that will be used to purchase ITC's...

2014-05-22 16:22:12

NOVI, Mich., May 22, 2014 /PRNewswire/ -- ITC Holdings Corp. (NYSE: ITC) today announced that Daniel J. Oginsky has been promoted to executive vice president and general counsel. He previously served as senior vice president and general counsel. Mr. Oginsky is responsible for the legal affairs of the company and oversees ITC's Legal Department, which includes the legal, corporate secretary, real estate, contract administration and corporate compliance functions. Prior to joining ITC...

2014-05-21 16:23:55

Rejji P. Hayes Appointed Interim CFO NOVI, Mich., May 21, 2014 /PRNewswire/ -- ITC Holdings Corp. (NYSE: ITC) announced today that Cameron M. Bready, executive vice president and CFO, will resign from the company effective June 20, 2014 to accept a senior leadership position with a technology firm based in Atlanta, Ga. Rejji P. Hayes, the current vice president of Finance and Treasurer of ITC, has been named the company's interim CFO. Mr. Hayes is currently responsible for all...

2014-05-21 16:23:46

NOVI, Mich., May 21, 2014 /PRNewswire/ -- ITC Holdings Corp. (NYSE: ITC) announced today that its board of directors declared a quarterly cash dividend on ITC common stock of $0.1425 per share, payable on June 16, 2014 to shareholders of record on June 2, 2014. ITC Holdings Corp. ITC Holdings Corp. (NYSE: ITC) is the nation's largest independent electric transmission company. Based in Novi, Michigan, ITC invests in the electric transmission grid to improve reliability, expand...

2014-05-16 16:22:32

NOVI, Mich., May 16, 2014 /PRNewswire/ -- ITC Holdings Corp. (NYSE: ITC) today announced it received, as of 5 p.m., New York City time, on May 15, 2014 (the "Early Tender and Consent Expiration Date"), tenders (and associated consents) from the holders of approximately $115.7 million aggregate principal amount (representing approximately 45.4%) of its 5.875% Senior Notes due 2016 (the "2016 Senior Notes") and approximately $54.7 million aggregate principal amount (representing...

2014-05-15 16:24:04

NOVI, Mich., May 15, 2014 /PRNewswire/ -- ITC Holdings Corp. (NYSE: ITC) today announced the reference yields, tender offer consideration and total consideration for its outstanding senior notes in connection with its previously announced cash tender offer for any and all of its outstanding $255,000,000 aggregate principal amount of 5.875% Senior Notes due 2016 (the "2016 Senior Notes") and its outstanding $255,000,000 aggregate principal amount of 6.375% Senior Notes due 2036 (the...


Word of the Day
drawcansir
  • A blustering, bullying fellow; a pot-valiant braggart; a bully.
This word is named for Draw-Can-Sir, a character in George Villiers' 17th century play The Rehearsal.
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