Spanish stocks - Factors to watch on March 3

Corporacion Financiera Alba SA

03/03/2020 07:16

March 3 (Reuters) - The following Spanish stocks may be
affected by newspaper reports and other factors on Tuesday.
Reuters has not verified the newspaper reports, and cannot vouch
for their accuracy:
           
    CORPORACION FINANCIERA ALBA SA  ALB.MC  
    Spain-based investment company, Corporacion Financiera Alba,
reported on Monday its 2019 net profit rose to 166.3 million
euros ($185.26 million) from 154.4 million euros in 2018.
 urn:newsml:reuters.com:*:nFWN2AV0WW
    
    BBVA  BBVA.MC  
    Spain's bank BBVA closed the sale of its real estate
business to Cerberus for 2.8 billion euros, a deal announced in
2017. The two companies created a joint entity called Divarian
which is 80% owned by Cerberus and 20% owned by the Spanish
bank, Expansion newspaper reported on Tuesday.
    
    INMOBILIARIA COLONIAL  COL.MC  
    Barclays raised target price to 12.5 euros from 11.2 euros.
 urn:newsml:reuters.com:*:nFWN2AV0ZM
    
    IAG  ICAG.L 
    British Airways cancelled some flights to the U.S. to match
falling demand because of the coronavirus scare. The airline
company also cancelled some short-haul flights to Italy, France,
Germany and other European cities.  urn:newsml:reuters.com:*:nS8N27M034 HSBC cut IAG
target price to 650p from 750p  urn:newsml:reuters.com:*:nFWN2AV0OT
    
    MASMOVIL IBERCOM  MASM.MC  
    Lycamobile announced the sale of Lycamobile Spain to
Masmovil for 372 million euros on a statement on Tuesday,
confirming the announced made by the Spanish mobile network
operator on Monday.  urn:newsml:reuters.com:*:nFWN2AV0X5
        
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($1 = 0.8977 euros)

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