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Fortis Reports 2016 Earnings of $585 million and Fourth Quarter 2016 Earnings of $189 million

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ST. JOHN'S, NEWFOUNDLAND AND LABRADOR, Feb 16, 2017 (Marketwired via COMTEX) -- ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwired - Feb 16, 2017) - Fortis Inc. ("Fortis" or the "Corporation") (FTS) FTS, -0.34% a leader in the North American regulated electric and gas utility industry, released its 2016 annual results today. The Corporation's net earnings attributable to common equity shareholders for 2016 were $585 million, or $1.89 per common share, compared to $728 million, or $2.61 per common share, for 2015. For the fourth quarter of 2016, net earnings attributable to common equity shareholders were $189 million, or $0.49 per common share, compared to $135 million,...

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