Spanish stocks - Factors to watch on May 10

Corporacion Financiera Alba SA

10/05/2022 07:07

May 10 (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:
    
    REPSOL  REP.MC  GALP  GALP.LS  
    The governments of Portugal and Spain will decree on Tuesday
the introduction of a Brussels-backed temporary cap on reference
prices of natural gas and coal used by power plants, Portuguese
Prime Minister Antonio Costa said on Monday.  urn:newsml:reuters.com:*:nL2N2X11NH
    
    REPSOL  REP.MC  
    Repsol said had reduced its share capital in the amount of
75 million euros to redeem treasury shares, contributing to the
company's shareholder remuneration.  urn:newsml:reuters.com:*:nFWN2X11TA
    
    ENDESA  ELE.MC  
    The company reported Q1 net profit of 338 million euros
versus 491 million euros year ago and confirmed its guidance for
2022. The company's profitability shrunk as it was unable to
transfer all energy wholesale cost increases to its
customers. urn:newsml:reuters.com:*:nS8N2WD00U urn:newsml:reuters.com:*:nFWN2X11Y7
    
    SIEMENS GAMESA  SGREN.MC  
    Siemens Gamesa has begun installing a new generation of
machines for onshore wind power in Brazil, Felipe Ferres, the
company's general director in the country told Reuters on
Monday.  urn:newsml:reuters.com:*:nL2N2X12IR
    
    MELIA HOTELS  MEL.MC  
    The company reported on Monday its net loss narrowed to 59.3
million euros from 130.9 million euros in the same period a year
ago and said it expected the second quarter to show similar
trends.  urn:newsml:reuters.com:*:nS8N2WN096  urn:newsml:reuters.com:*:nFWN2X11NW
     
    AUDAX RENOVABLES  ADXR.MC  
    The company announced on Tuesday start of construction of La
Miranda photovoltaic project with total capacity of 6.9 MWP.
 urn:newsml:reuters.com:*:nFWN2X200O
    
    CORPORACION FINANCIERA ALBA  ALB.MC  
    The company said it would propose supplementary dividend of
0.50 euros per share.  urn:newsml:reuters.com:*:nL5N2X14KE
    
    IAG  ICAG.L  
    JP Morgan cut its target price to 1.95 euros from 2.20
euros.  urn:newsml:reuters.com:*:nFWN2X20C6
    
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