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Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Fortis Inc. Toronto, November 07, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Fortis Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
In 2014, Morningstar Inc. (MORN), which rates corporate moats, published a book explaining its methods and rationale. Lead authors were Heather Brilliant, chartered financial analyst and co-CEO of Morningstar Australasia, and Elizabeth Collins, CFA and director of equity research for Morningstar North America. Warning! GuruFocus has detected 1 Warning Sign with MORN.
Moody's Investors Service ("Moody's") today affirmed the Baa2 senior unsecured and Prime-2 short-term rating for commercial paper of ITC Holdings Corp. (ITC). At the same time, Moody's affirmed the ratings of ITC's operating companies ITC Midwest LLC (ITC Midwest, A3 Issuer Rating and A1 First Mortgage Bonds), ITC Great Plains LLC (A1 First Mortgage Bonds), International Transmission Company (ITC Transmission, A3 Issuer Rating and A1 First Mortgage Bonds) and Michigan Electric Transmission Company, LLC (METC, A3 Issuer Rating and A1 senior secured).