Spanish stocks - Factors to watch on May 7

Corporacion Financiera Alba SA

07/05/2020 07:27

May 7 (Reuters) - The following Spanish stocks may be
affected by newspaper reports and other factors on Thursday.
Reuters has not verified the newspaper reports, and cannot vouch
for their accuracy:
    
    TELEFONICA  TEF.MC 
    Liberty Global has agreed to merge its Virgin Media cable
company with the O2 mobile business owned by Spain's Telefonica
to create a major new force in the British telecoms market.
 urn:newsml:reuters.com:*:nL4N2CP1HG
    Telefonica reported first quarter net profit of 406 million
euros down from 926 million euros year ago.  urn:newsml:reuters.com:*:nS8N2BV05A
    The company also said that, due to significant changes in
the guidance scenario and uncertainty, it withdrew its 2020
financial guidance.  urn:newsml:reuters.com:*:nS8N2BV04W
    
    IAG  ICAG.MC 
    The company said Luis Gallego will succeed Willie Walsh as
Group chief executive on September 24.  urn:newsml:reuters.com:*:nFWN2CO1G1
    
    NATURGY  NTGY.MC 
    The company said it would implement a buy-back programme for
its employees in Spain who choose to have part of salary paid in
shares rather than in cash by 2020.  urn:newsml:reuters.com:*:nFWN2CO19C
    
    IBERDROLA  IBE.MC 
    The Spanish utility said it had reached agreement to buy
Aalto power, owner of on-shore wind farm assets and projects in
France.  urn:newsml:reuters.com:*:nFWN2CP091
    
    TALGO  TLGO.MC 
    The company posted a first quarter net profit of 4.9 million
euros down from 7.1 million euros a year ago and said the
furlough for 313 maintenance employees in Spain would be
extended until activity resume to normal level.  urn:newsml:reuters.com:*:nL8N2CP1UY
       
    NEINOR HOMES  HOME.MC 
    The company posted a first quarter net profit of 3.9 million
euros up from 2.3 million euros a year ago.  urn:newsml:reuters.com:*:nL8N2CO805
    It also reported 353 pre-sales in first quarter for a
cumulative total of 2,834 units (worth about 930 million euros).
 urn:newsml:reuters.com:*:nFWN2CO19H
    
    ALBA  ALB.MC , BME  BME.MC 
    The company said it accepted the offer by Six Group for
Alba's 12.06% stake in BME.  urn:newsml:reuters.com:*:nFWN2CO19K
    
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