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Stock impact report

Orsted shares jump 7% after U.S. court overturns Trump project block [MSNBC.com]

ENI S.p.A. (E) 
US:NYSE Investor Relations: eni.com/en_it/investors.page
Company Research Source: MSNBC.com
Burbo Bank, Liverpool Bay, England, viewed from the sea turbines on Burbo wind farm off the U.K. coast.Ucg | Universal Images Group | Getty ImagesShares of Danish renewables giant Orsted jumped on Tuesday, after a U.S. judgeruledTrumpThe decision means Orsted can resume work on the nearly completed Revolution Wind project off the coast of Rhode Island and Connecticut.Shares of the Copenhagen-listed company were among the top performers on the pan-European Stoxx 600 index during morning deals. The stock price, which notched a fresh record low last month, was last seen up around 6.6%.The U.S. District Court for the District of Columbia on Monday granted a preliminary injunction sought by Orsted to overturn the Trump administration's stop-work order, allowing construction on Revolution Wind to resume while the lawsuit progresses.Orsted on MondaysaidThe court victory represents a significant reprieve for the Danish company, which has beenhit hardSince his return to the earlier this year, Show less Read more
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