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Rosen Law Firm Encourages National Grid plc Investors to Inquire About Securities Class Action Investigation - NGG
Prnewswire· 2025-07-18 19:55
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of National Grid plc due to allegations of materially misleading business information issued by the company [1] Group 1: Investigation and Allegations - The investigation is prompted by a report indicating that failures in the UK power grid, specifically by National Grid, led to a fire at Heathrow Airport in March 2025, which stranded thousands of passengers [3] - The UK Energy Minister described the findings as "deeply concerning," noting that the issues causing the fire had been identified seven years prior but were not addressed by National Grid [3] Group 2: Market Reaction - Following the publication of the report on July 2, 2025, the price of National Grid American Depositary Shares (ADSs) fell by 5% [3] Group 3: Class Action Details - Investors who purchased National Grid securities may be entitled to compensation through a class action lawsuit, with no out-of-pocket fees due to a contingency fee arrangement [2] - Interested investors can join the class action by submitting a form or contacting the Rosen Law Firm directly [2] Group 4: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company at the time [4] - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of National Grid plc - NGG
GlobeNewswire News Room· 2025-07-18 16:00
Core Insights - National Grid plc is under investigation for potential securities fraud and unlawful business practices following a fire incident at Heathrow Airport [1][3] - The fire was attributed to a known fault at an electrical substation owned by National Grid, which the company had been aware of since 2018 but failed to address [3] - Following the news of the investigation and the fire, National Grid's American Depositary Receipt (ADR) price dropped by $3.77, or 5.07%, closing at $70.61 on July 2, 2025 [4] Investigation Details - Pomerantz LLP is leading the investigation on behalf of investors, focusing on the actions of National Grid and its officers/directors [1] - The investigation is prompted by allegations of securities fraud related to the company's failure to rectify known issues with its infrastructure [1][3] Legal Context - The National Energy System Operator (NESO) published a report detailing the findings of the fire investigation, which may lead to legal action from Heathrow Airport against National Grid [3] - Pomerantz LLP has a long history in corporate and securities class litigation, emphasizing its commitment to fighting for victims of corporate misconduct [5]
National Grid: Strong Fundamentals
Seeking Alpha· 2025-07-16 08:25
Group 1 - National Grid plc has published its 2024/25 Annual Report and 20-F, prompting a review of the stock's Buy rating [1] - The company may initiate a beneficial Long position through stock purchases or call options in the near future [1]
NGG Investor News: If You Have Suffered Losses in National Grid plc (NYSE: NGG), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
GlobeNewswire News Room· 2025-07-15 16:57
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of National Grid plc due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation and Allegations - The investigation is prompted by a report indicating that failures in the UK power grid, specifically by National Grid, led to a fire at Heathrow Airport in March 2025, which stranded thousands of passengers [3]. - The report highlighted that the issue causing the fire had been identified seven years prior but was not addressed by National Grid, raising concerns from the UK Energy Minister [3]. Group 2: Market Reaction - Following the publication of the report on July 2, 2025, the price of National Grid American Depositary Shares (ADSs) fell by 5% [3]. Group 3: Class Action Details - Investors who purchased National Grid securities may be entitled to compensation through a class action lawsuit, with no out-of-pocket fees due to a contingency fee arrangement [2]. - Interested investors can join the class action by submitting a form or contacting the Rosen Law Firm directly [2]. Group 4: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including over $438 million for investors in 2019 [4]. - The firm has been recognized for its success in securities class action settlements and has consistently ranked among the top firms in this area since 2013 [4].
Shareholder Investigation Announcement: Wolf Haldenstein Adler Freeman & Herz LLP Investigates National Grid plc (NYSE: NGG)
GlobeNewswire News Room· 2025-07-14 14:02
Group 1 - Wolf Haldenstein Adler Freeman & Herz LLP is investigating potential securities claims on behalf of shareholders of National Grid plc due to allegations of materially misleading business information [1][3] - A report indicated that a fire at Heathrow Airport in March 2025 was caused by National Grid's failure to maintain an electricity substation, which had been identified as an issue seven years prior [2] - Following the publication of the report, the price of National Grid American Depositary Shares fell by 5% on July 2, 2025 [2] Group 2 - The UK Energy Minister, Ed Miliband, expressed that the findings of the report were "deeply concerning" [2] - Wolf Haldenstein emphasizes its commitment to corporate accountability and transparency for investors who have suffered financial harm [3]
AI太耗电,美国电力公司酝酿大涨价,但消费者怒了:凭啥我为AI买单?
Hua Er Jie Jian Wen· 2025-07-10 07:27
Group 1 - The rising electricity costs in the U.S. are becoming a contentious issue, with power suppliers seeking significant rate increases due to surging demand from data centers driven by artificial intelligence (AI) applications [1][2] - Power companies have applied for a total of $29 billion in rate increases for the first half of 2025, marking a 142% increase compared to the same period last year [1] - There is a debate on whether the rising electricity costs should be shared by all consumers or should be borne by large industrial users driving the new demand [1] Group 2 - Major electricity companies in the U.S. are either pushing for or have received approval for substantial price hikes, with National Grid approved for a $708 million increase, PG&E applying for $3.1 billion, and Oncor proposing an $834 million increase [2] - The price increases are attributed to the need for significant capital investments to repair infrastructure damaged by climate change and to support the aging power grid [2] Group 3 - To manage the financial burden, more electricity companies and regulators are adopting a "large load pricing" mechanism, charging large energy users excess load fees [3] - AEP Ohio has proposed that data centers pay for 85% of their expected energy usage monthly, regardless of actual usage, and may incur exit fees if projects are terminated [3] - Clean energy agreements are being explored, where data centers commit to purchasing clean energy to fund new renewable energy projects, thereby alleviating infrastructure pressure on regular users [3]
Why National Grid Stock Deserves a Spot in Your Portfolio Right Now
ZACKS· 2025-07-07 13:31
Core Viewpoint - National Grid (NGG) is positioned to benefit from strategic investments in infrastructure upgrades and expansion, making it an attractive investment opportunity in the utility electric power industry [1] Group 1: Earnings and Growth Projections - The Zacks Consensus Estimate for NGG's fiscal 2026 earnings per share (EPS) has increased by 2.6% to $5.07 over the past 30 days [2] - The company's projected earnings growth rate over the next three to five years is estimated at 8.4% [2] Group 2: Financial Health - National Grid's times interest earned (TIE) ratio at the end of fiscal 2025 was 3, indicating strong capability to meet interest payment obligations in the near term [3] Group 3: Clean Energy Initiatives - The company aims to achieve net-zero emissions by 2050 and is actively investing in large-scale renewable energy projects, including wind and solar, to facilitate the energy transition [4][8] Group 4: Strategic Investments and Customer Demand - National Grid plans to invest nearly $69 billion (£60 billion) over the next five years across its service areas in the UK and the US to meet rising demand from new customer connections [5][8] - In total, 2.5 gigawatts (GW) of customer projects were connected to the transmission network this year, with 1.6 GW being renewable energy sources [5] Group 5: Dividend Performance - NGG has consistently increased shareholder value through dividends, with a current dividend yield of 5.73%, significantly higher than the S&P 500 Composite's yield of 1.18% [6] Group 6: Stock Performance - Over the past six months, NGG shares have increased by 23.6%, outperforming the industry's growth of 8.9% [7]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of National Grid plc - NGG
GlobeNewswire News Room· 2025-07-06 14:00
Core Viewpoint - National Grid plc is under investigation for potential securities fraud and unlawful business practices following a fire incident at Heathrow Airport linked to its electrical substation [1][3]. Group 1: Investigation and Legal Actions - Pomerantz LLP is investigating claims on behalf of investors of National Grid, focusing on possible securities fraud or unlawful business practices by the company and its officers [1]. - The investigation is prompted by a report from the National Energy System Operator (NESO) indicating that National Grid was aware of a fault at an electrical substation since 2018 but failed to address it, leading to a fire that caused Heathrow Airport to shut down [3]. Group 2: Market Reaction - Following the news of the investigation and the fire incident, National Grid's American Depositary Receipt (ADR) price dropped by $3.77, or 5.07%, closing at $70.61 per ADR on July 2, 2025 [4].
X @Bloomberg
Bloomberg· 2025-07-02 07:40
KKR agrees to buy Spectris for £4.1 billion, Greggs hit by the June heatwave and National Grid investigated over Heathrow fire -- get briefed ahead of your morning calls with The London Rush https://t.co/km7fLKIvBy ...
National Grid (NGG) Upgraded to Strong Buy: What Does It Mean for the Stock?
ZACKS· 2025-06-30 17:01
Core Viewpoint - National Grid (NGG) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook based on an upward trend in earnings estimates, which significantly influences stock prices [1][2]. Earnings Estimates and Stock Price Movement - The Zacks rating system is effective for individual investors as it focuses on earnings estimate revisions, which are strongly correlated with near-term stock price movements [2][3]. - Institutional investors rely on earnings estimates to determine the fair value of stocks, leading to significant price movements based on their buying or selling actions [3]. Business Improvement Indicators - The upgrade in earnings estimates for National Grid suggests an improvement in the company's underlying business, which should encourage investors to drive the stock price higher [4]. - Over the past three months, the Zacks Consensus Estimate for National Grid has increased by 5.6%, reflecting analysts' positive revisions [7]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [6]. - National Grid's upgrade to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, indicating strong potential for market-beating returns in the near term [9].