Spanish stocks - Factors to watch on Sept 16

Deoleo SA

16/09/2020 06:57

Sept 16 (Reuters) - The following Spanish stocks may be
affected by newspaper reports and other factors on Wednesday.
Reuters has not verified the newspaper reports, and cannot vouch
for their accuracy:
    
    BANKIA  BKIA.MC  
    Spanish bank Bankia raised its CET1 capital ratio from
13.27% to 14.87% after gaining approval from the European
Central Bank for its calculation of credit risk linked to its
retail mortgage business, according to a statement it published
on market regulator CNMV’s website on Tuesday.  urn:newsml:reuters.com:*:nL8N2GC65A
    Citigroup cut its recommendation to neutral from buy; cut
target price to 1.35 euros from 1.5 euros.  urn:newsml:reuters.com:*:nFWN2GC0R7
    Barclays raised its target price to 1.30 euros from 1.20
euros.  urn:newsml:reuters.com:*:nFWN2GD01H
    
    ACS  ACS.MC  
    The company said its unit executed a deal with Galp
 GALP.LS   to sell shares representing 75% of a photovoltaic
projects company in Spain.  urn:newsml:reuters.com:*:nFWN2GC0AV
    
    INMOBILIARIA COLONIAL  COL.MC  
    The company said it launched a share buy-back programme for
up to 25 million euros.  urn:newsml:reuters.com:*:nFWN2GC0G1
    
    SIEMENS GAMESA  SGREN.MC  
    The company will furlough its workers at its factory in
Soria, according to the Spanish newspaper Cinco Dias. 
    
    DEOLEO  OLEO.MC  
    The company reported first-half net profit of 250.6 million
euros from a loss of 14.8 million euros a year ago.  urn:newsml:reuters.com:*:nFWN2GC0AN
    
    CASTELLANA PROPERTIES  YCPS.MC  
    The company approved a dividend of 0.47 euros per share.
 urn:newsml:reuters.com:*:nFWN2GC0AW
    
    FLUIDRA  FLUI.MC  
   Berenberg initiates coverage with a buy rating and a target
price of 17.50 euros.  urn:newsml:reuters.com:*:nFWN2GB0SC
    
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