I have the same question. Dug around and found the following in an SP report from May 4. If anyone has any other ideas, post em! LT holder and I think this is a great company flying under the radar. AT
Possibly:S&P Analyst Research Notes and other Company News May 4, 2012 07:53 am ET ... S&P MAINTAINS BUY OPINION ON SHARES OF ITC HOLDINGS (ITC 71.91****): Yesterday, shares fell 6.5% on news that the Federal Energy Regulatory Commission (FERC) has asked a Northeastern utility to settle a dispute over transmission rates. In the case, complainants argued that the base ROE in place was unjust and unreasonable. The issue has no direct impact on ITC and ITC has no challenges to its FERC authorized rates pending at this time.We continue to think that ITC will benefit from its strong growth platform and its proposed merger, pending approvals.We are keeping our '12 and '13 EPS estimates at $4.00 and $4.70 and our target price at $87. /CBMuir
robbins from glenview capital management trashed the stock at the ira sohn luncheon yesterday. Would love to see the basis of his comments, but the news is just reporting he is shorting utilities and specifically mentioned itc.