Fortis

Fortis Inc. to Hold Teleconference on May 1 to Discuss First Quarter 2024 Results and Hold Annual and Special Meeting on May 2

Retrieved on: 
Wednesday, April 3, 2024

ST. JOHN'S, Newfoundland and Labrador, April 03, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its first quarter 2024 financial results on Wednesday, May 1, 2024.

Key Points: 
  • ST. JOHN'S, Newfoundland and Labrador, April 03, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its first quarter 2024 financial results on Wednesday, May 1, 2024.
  • David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's first quarter financial results.
  • A replay of the teleconference will be available two hours after the conclusion of the call until June 1, 2024.
  • Fortis will hold its 2024 Annual and Special Meeting of Shareholders on Thursday, May 2, 2024 at 9:00 a.m. (Eastern), 10:30 a.m. (Newfoundland), in-person and online.

FibroGen Announces Topline Results from Phase 1 Monotherapy Study of FG-3246 in Patients with Metastatic Castration-Resistant Prostate Cancer

Retrieved on: 
Tuesday, April 2, 2024

“We are delighted to showcase the latest encouraging clinical data from the FOR46-001 Phase 1 ADC trial,” said Deyaa Adib, M.D., Chief Medical Officer of FibroGen.

Key Points: 
  • “We are delighted to showcase the latest encouraging clinical data from the FOR46-001 Phase 1 ADC trial,” said Deyaa Adib, M.D., Chief Medical Officer of FibroGen.
  • In the dose-expansion arm of the trial, patients were treated at the 2.7 mg/kg adjusted body weight dosing (AjBW) until disease progression.
  • The completed Phase 1 trial includes a total of 56 patients from the dose-escalation and dose-expansion cohorts.
  • These findings warrant further investigation and hold promise for addressing the therapeutic needs of patients with CD46 positive prostate cancer.

Fortis Inc. Releases 2024 Climate Report

Retrieved on: 
Monday, March 11, 2024

ST. JOHN'S, Newfoundland and Labrador, March 11, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today released its 2024 Climate Report .

Key Points: 
  • ST. JOHN'S, Newfoundland and Labrador, March 11, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today released its 2024 Climate Report .
  • This report builds on our 2022 TCFD and Climate Assessment and further details our understanding of climate-related impacts across the Fortis group of companies.
  • Fortis' current business strategy addresses the risks and opportunities identified in this report and informs future work to advance the preparedness of our utilities for climate impacts.
  • Fortis remains focused on achieving emissions reduction targets, investing in cleaner energy solutions, enhancing resiliency of energy delivery assets, and supporting policy advancements.

Cadillac Fairview Drives Decarbonization in Vancouver Portfolio

Retrieved on: 
Tuesday, February 20, 2024

In 2022, CF commissioned a number of comprehensive low carbon transition studies for its Vancouver property portfolio to identify capital projects that would significantly reduce its carbon footprint.

Key Points: 
  • In 2022, CF commissioned a number of comprehensive low carbon transition studies for its Vancouver property portfolio to identify capital projects that would significantly reduce its carbon footprint.
  • Seven buildings in CF's Vancouver office portfolio were awarded ZCB certifications in November 2022, followed by four additional buildings awarded in August 2023.
  • The City of Vancouver is aiming to cut its carbon pollution from buildings in half compared to 2007 levels by 2030.
  • Reducing emissions from large buildings – such as CF's downtown Vancouver properties – is expected to make a significant contribution to achieving CF and the City of Vancouver targets.

ETA Announces Agenda and Speakers for TRANSACT 2024

Retrieved on: 
Monday, February 12, 2024

WASHINGTON, Feb. 12, 2024 /PRNewswire/ -- The Electronic Transactions Association (ETA) will bring the global payments community together at TRANSACT, the industry's largest event, from April 17-19 in Las Vegas.

Key Points: 
  • WASHINGTON, Feb. 12, 2024 /PRNewswire/ -- The Electronic Transactions Association (ETA) will bring the global payments community together at TRANSACT , the industry's largest event, from April 17-19 in Las Vegas.
  • "TRANSACT is truly the heart of the payments industry," said Jodie Kelley, CEO of ETA.
  • With more than 1,000 companies from around the world in attendance, TRANSACT celebrates the best of our industry.
  • ETA is also proud to host several events during TRANSACT that promote community and business building.

Fortis Inc. Files 2023 Year-End Disclosure Documents

Retrieved on: 
Friday, February 9, 2024

ST. JOHN'S, Newfoundland and Labrador, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), today filed its audited Consolidated Financial Statements, related Management Discussion and Analysis and Form 40-F for the year ended December 31, 2023, as well as its 2023 Annual Information Form, with Canadian securities regulatory authorities. The Corporation also filed its Form 40-F for the year ended December 31, 2023 with the U.S. Securities and Exchange Commission. Copies of these documents are available electronically at www.sedarplus.ca (Canadian filings), www.sec.gov (U.S. filings) and the Corporation's website, www.fortisinc.com, or by emailing [email protected].

Key Points: 
  • This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated September 19, 2023 to Fortis' short form base shelf prospectus dated November 21, 2022.
  • ST. JOHN'S, Newfoundland and Labrador, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), today filed its audited Consolidated Financial Statements, related Management Discussion and Analysis and Form 40-F for the year ended December 31, 2023, as well as its 2023 Annual Information Form, with Canadian securities regulatory authorities.
  • The Corporation also filed its Form 40-F for the year ended December 31, 2023 with the U.S. Securities and Exchange Commission.
  • Copies of these documents are available electronically at www.sedarplus.ca (Canadian filings), www.sec.gov (U.S. filings) and the Corporation's website, www.fortisinc.com , or by emailing [email protected] .

Fortis Inc. Reports Fourth Quarter & Annual 2023 Results

Retrieved on: 
Friday, February 9, 2024

ST. JOHN'S, Newfoundland and Labrador, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric and gas utility industry, released its 2023 fourth quarter and annual financial results1.

Key Points: 
  • ST. JOHN'S, Newfoundland and Labrador, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric and gas utility industry, released its 2023 fourth quarter and annual financial results1.
  • On November 1, 2023, the sale of Aitken Creek closed for approximately $470 million including working capital and closing adjustments.
  • Adjusted net earnings attributable to common equity shareholders2 ("Adjusted Net Earnings") reflects results for Aitken Creek through the March 31, 2023 effective date.
  • For the fourth quarter of 2023, Adjusted Net Earnings were $350 million, or $0.72 per common share, comparable with the same period in 2022.

Fortis Inc. Announces Second Quarter Dividends – 2024

Retrieved on: 
Thursday, February 8, 2024

ST. JOHN'S, Newfoundland and Labrador, Feb. 08, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following dividends payable on June 1, 2024 to the Shareholders of Record of the following Shares of the Corporation at the close of business on May 17, 2024:

Key Points: 
  • This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated September 19, 2023 to Fortis' short form base shelf prospectus dated November 21, 2022.
  • ST. JOHN'S, Newfoundland and Labrador, Feb. 08, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following dividends payable on June 1, 2024 to the Shareholders of Record of the following Shares of the Corporation at the close of business on May 17, 2024:
    $0.3063 per share on the First Preference Shares, Series "F";
    $0.3826875 per share on the First Preference Shares, Series "G";
    $0.11469 per share on the First Preference Shares, Series "H";
    $0.408392 per share on the First Preference Shares, Series "I";
    $0.2969 per share on the First Preference Shares, Series "J";
    $0.3418125 per share on the First Preference Shares, Series "K", provided that if no such Series “K” shares are outstanding on such date as a result of the exercise of Shareholders of their right to convert Series “K” shares into Cumulative Redeemable Floating Rate First Preference Shares, Series “L” of the Corporation effective March 1, 2024 (the “Conversion Right”), no such dividend shall be payable;
    $0.4462000 per share on the First Preference Shares, Series “L”, provided that if no such Series “L” shares are issued on March 1, 2024 pursuant to the Conversion Right, no such dividend shall be payable;
    $0.2445625 per share on the First Preference Shares, Series "M"; and,
    $0.59 per share on the 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.
  • All amounts are given in Canadian dollars unless otherwise indicated.

Advisory: Fortis Inc. to Hold Teleconference and Webcast on February 9 to Discuss 2023 Annual Results

Retrieved on: 
Thursday, February 1, 2024

ST. JOHN'S, Newfoundland and Labrador, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its 2023 financial results on Friday, February 9, 2024.

Key Points: 
  • ST. JOHN'S, Newfoundland and Labrador, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its 2023 financial results on Friday, February 9, 2024.
  • A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern) during which David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's 2023 annual financial results.
  • Shareholders, analysts, members of the media and other interested parties are invited to listen to the teleconference via the live webcast on the Corporation's website, https://www.fortisinc.com/investor-relations/events-and-presentations .
  • An archived audio webcast of the teleconference will be available on the Corporation's website and will be available two hours after the conclusion of the call until March 9, 2024.

LMP Promotes Spencer Hurst to Principal and Mark Adelman to Vice President of Operations

Retrieved on: 
Tuesday, January 30, 2024

Lovell Minnick Partners (“LMP”), a private equity firm investing in growth-oriented companies, announces the promotions of Spencer Hurst to Principal and Mark Adelman to Vice President of Operations.

Key Points: 
  • Lovell Minnick Partners (“LMP”), a private equity firm investing in growth-oriented companies, announces the promotions of Spencer Hurst to Principal and Mark Adelman to Vice President of Operations.
  • “We are thrilled to announce the promotions of Spencer Hurst and Mark Adelman, whose contributions to the Firm have been instrumental to LMP’s continued growth and success,” said Bob Belke, Managing Partner at LMP.
  • Mr. Hurst, most recently a Vice President with the Firm, joined LMP in 2016.
  • Prior to LMP, Mr. Adelman was an Investment Analyst with Hamilton Lane's Fund Investment group, and previously worked at Archer as an Operations Specialist.