UPDATE 2-UK National Grid attacks Labour's renationalisation plan as profit dips [Reuters]
National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares (NGG)
US:NYSE Investor Relations:
investors.nationalgrid.com
Company Research
Source: Reuters
UPDATE 2-UK National Grid attacks Labour's renationalisation plan as profit dips - Reuters 5 Min Read * National Grid investors could legally challenge Labour plan: CEO * CEO says Labour’s plan could boost costs for consumers * Says UK’s duty to give fair value to energy utilities * Concerns over nationalisation overshadow firm’s earnings By Pushkala Aripaka and Muvija M May 16 (Reuters) - The head of Britain’s National Grid criticised the opposition Labour Party’s plans to renationalise energy networks, saying it would increase costs for consumers and could prompt legal challenges, as the firm’s profit fell slightly. “The proposals that Labour have set are very complex and from our perspective would be a massive distraction for the industry and would certainly slow down the progress in terms of things like infrastructure investments,” Chief Executive John Pettigrew told Reuters on Thursday. “It (the proposals) would ultimately increase the cost for customers ... we’ve set out quite c
Show less
Read more
Impact Snapshot
Event Time:
NGG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NGG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NGG alerts
High impacting National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares news events
Weekly update
A roundup of the hottest topics
NGG
News
- National Grid Faces New Challenges With Electrification Growth [Seeking Alpha]Seeking Alpha
- Wireless Charging: the next frontier in EV technology [Yahoo! Finance]Yahoo! Finance
- ‘I spent £25,000 on solar power for my home – but I'll make the money back within 10 years' [Yahoo! Finance]Yahoo! Finance
- Quinbrook Closes £120m Milestone Project Financing for Five Synchronous Condenser Projects [Yahoo! Finance]Yahoo! Finance
- Wind Is Dominating the UK Power Grid, Pushing Out Fossil Fuels [Financial Post (Toronto, Ontario, Canada)]Financial Post
NGG
Sec Filings
- 4/30/24 - Form 6-K
- 4/18/24 - Form 6-K
- 4/10/24 - Form 6-K
- NGG's page on the SEC website