Company
LON:NG.
National Grid is an international, London-based company, which provides electricity and natural gas
280 stories · page 11 of 14
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Economics US – Discussions over a new COVID-19 related stimulus package will start at the White House on Monday involving Senate Majority Leader Mitch McConnell, Treasury Secretary Steven Mnuchin and others. Bloomberg reports Virus ‘out of
There has been a “sharp divergence with perceived quality being rewarded, although with much lower multiples for utilities with a more mixed track record, or in some cases cyclicality”
There was a £117mln impact from coronavirus on earnings from increased provisions for US bad debts, with another £400mln expected to hit profits in the current year
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Despite a small recovery, there is little sign that the blue-chips will turn positive before the close
National Grid is the standout bluechip name in the diary for Thursday.
Analysts at the bank also downgraded their recommendation on National Grid
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Adriatic Metals* (ASX:ADT) – Rupice metallurgical results BHP (LON:BHP) – Half-Year Production report BlueRock Diamonds* (LON:BRD) – Achieves profitable operations during H2 2019 Base Resources (LON:BSE) – Assays indicate likely high-grade
Chief executive John Pettigrew felt it was a “solid financial performance” in the half-year
Ofgem said it was unsure National Grid's £717mln funding request represented "value for money to consumers"
Ofgem said it would start its own inquiry into what happened after receiving National Grid’s findings as it felt there were “still areas where we need to use our statutory powers to investigate these outages”
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"The [jobs] report will more than likely be brushed aside as Fed Chair Powell and US President Trump continue to clash horns in a power struggle," said Nick Kilbey, a sales trader at Foenix Partners
Strategists at the investment bank downgraded its rating on global equities as it saw a "poor" risk/reward outlook for the next three months
Investments and investor services
The UK's index of leading company shares closed Friday down nearly 23 points at 7,345
Investments and investor services
The FTSE 100 closed 32.86 points higher at 7,218.16 on Thursday, just easing off its late afternoon high of 7,235
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The Day Ahead will also bring updates from two FTSE 250-listed firms, transport operator FirstGroup and water utility Pennon, plus numbers from newspapers group Daily Mail
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The shortened trading Week Ahead will only bring updates from the likes of second-liners FirstGroup, Pennon, Wizz Air, and Daily Mail & General Trust
The UK Opposition party said privatisation of the UK’s energy grid had led to “companies operating the grid to rip customers off”
Investments and investor services
The UK benchmark index closed over 56 points higher, at 7,353, aided by the fall in the pound
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Numbers from Countryside Properties, National Grid, and Wincanton will also be among Thursday's highlights.
Hardware & electrical equipment
CTPs are used to provide sealing around pipelines when they pass through concrete walls, allowing pipes to be inspected and maintained more easily while preventing contamination
