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Home > (ITC, SWM, GBLHF, ACE) Stock Report from PennyOmega.com

(ITC, SWM, GBLHF, ACE) Stock Report from PennyOmega.com

October 27th, 2011 at 09:32 am






ITC Holdings Corp (NYSE:ITC) announced its third quarter and year-to-date results for the period ended September 30, 2011. Net income for the quarter was $44.0 million, or $0.85 per diluted common share, compared to $38.4 million, or $0.75 per diluted common share for the third quarter of 2010. Net income for the nine months ended September 30, 2011 was $129.0 million, or $2.49 per diluted common share, compared to $108.9 million, or $2.13 per diluted common share for the same period last year.

ITC Holdings Corp., through its subsidiaries, engages in the transmission of electricity in the United States. The company operates as conduits, allowing for power from generators to be transmitted to local distribution systems either entirely through its own systems or in conjunction with neighboring transmission systems.

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Schweitzer-Mauduit International Inc (NYSE:SWM) will issue a press release announcing the Company`s third quarter 2011 results after the market closes on November 2, 2011 and hold a conference call to discuss results on November 3, 2011.

(Read full article at http://pennyomega.com/?p=18086)



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