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Stocks in play: Fortis Inc.

Released its 2019 fourth-quarter and annual financial results today. The company reported strong annual net earnings of $1,655 million, or $3.79 per common share in 2019, up from $2.59 per common share in 2018. Adjusted net earnings2 of $1,115 million, or $2.55 per common share in 2019, up from $2.51 per common share in 2018. Deployed capital expenditures of $3.8 billion at our utilities in 2019; $1.2 billion common equity offering completed in the fourth quarter. Fortis Inc. shares T.FTS are trading down $0.17 at $57.58.

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