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Spanish stocks - Factors to watch on May 2

May 2 (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:
    
    BBVA  BBVA.MC  SABADELL  SABE.MC  
     Spanish bank BBVA said on Wednesday it had submitted a
merger proposal to Sabadell, valuing its smaller rival at about
12 billion euros ($12.86 billion). urn:newsml:reuters.com:*:nL8N3H41YM
    
    ACS  ACS.MC   
    ACS said on Wednesday its Australian subsidiary CIMIC had
won a contract from the French renewable energy producer Neoen
 NEOEN.PA  to build and install the second phase of the 341 MW
Collie Battery in Western Australia.  urn:newsml:reuters.com:*:nL8N3H51M9
    
    FAES FARMA  FAE.MC  
    The company said on Thursday it has unanimously agreed to
propose the appointment of Eduardo Recoder as executive director
with effect from September 1.  urn:newsml:reuters.com:*:nFWN3H50BK
    
    PROSEGUR  PSG.MC  
    Prosegur informed on Tuesday of the formalisation of a
syndication agreement, whereby Helena Revoredo will have control
of Yirayira International and exercise the majority of voting
rights of the company.  urn:newsml:reuters.com:*:nL8N3H50VU
    
   ECOLUMBER  ECWI.SCT   
    Ecolumber said on Tuesday it has received challenges to the
restructuring plans of its group companies, adding it considers
necessary to restate its annual financial
statements. urn:newsml:reuters.com:*:nL8N3H511Q
    
   CAIXABANK  CABK.MC  
    Morgan Stanley raised its target price to 6 euros from 5.5
euros.  urn:newsml:reuters.com:*:nAZN1PAL7X
    
    For today's European market outlook double click on  .EU . 
    For real-time moves on the Spanish blue-chip index IBEX
please double click on  .IBEX  
    For IBEX constituent stocks highlight .IBEX in the command
box and press the F3 button on your keyboard 
    For latest news on Spanish stock moves double click  HOT-ES 
    For Spanish language market report double click on  .MES 
    For latest Eurostocks report please double click on  .EU 


($1 = 0.9328 euros)

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