Spanish stocks - Factors to watch on Aug 1

Grupo Catalana Occidente SA

01/08/2022 07:35

Aug 1 (Reuters) - The following Spanish stocks may be
affected by newspaper reports and other factors on Monday.
Reuters has not verified the newspaper reports, and cannot vouch
for their accuracy:
    
    IBERDROLA  IBE.MC  
    Abu Dhabi's Masdar and Canada Pension Plan Investment Board
(CPPIB) are weighing binding offers for a 40% stake in
Iberdrola's German offshore wind farm in a deal that will value
the project known as Wikinger at 1.4 billion euros ($1.43
billion), a source close to the matter told Reuters.
 urn:newsml:reuters.com:*:nL8N2ZC07F
    
    RED ELECTRICA  REDE.MC  
    The company said on Sunday Argo Energia and Grupo Energia
Bogota reached an agreement with Brasil Energia FIP to buy five
transmission lines in Brazil.  urn:newsml:reuters.com:*:nL8N2ZD0NH
    
    CATALANA OCCIDENTE  GCO.MC 
    Grupo Catalana Occidente said on Friday it reached an
agreement to acquire Grupo Memora funeral business for 387.5
million euros.  urn:newsml:reuters.com:*:nL8N2ZD0NK
    
    CAF  CAF.MC  
    The company said on Friday its net profit in the first half
of the year fell by 25% to 31 million euros.  urn:newsml:reuters.com:*:nFWN2ZA5RV
    
    LAR ESPANA  LRES.MC 
    Lar Espana said on Friday its first-half net profit rose to
54.9 million euros compared to 7.7 million euros reported a year
ago.  urn:newsml:reuters.com:*:nFWN2ZA9NZ
    
    DEOLEO  OLEO.MC 
    The company said its net profit in the first half of the
year dropped to 2.6 million euros compared to 30.1 million euros
reported a year ago.  urn:newsml:reuters.com:*:nFWN2ZA5RU
    
    ABENGOA  ABG.MC 
    Abengoa said on Friday a court denied its appeal as it
opened the liquidation phase of the company's insolvency
proceedings.  urn:newsml:reuters.com:*:nFWN2ZA62U
    
    SANTANDER  SAN.MC  
    Santander has repurchased from French insurer's real estate
investment arm AXA IM a portfolio of 380 bank branches for 300
million euros, Spanish online news website El Confidencial
reported on Monday. 
    
    FLUIDRA  FLUI.MC  
    Credit Suisse cut its target price to 32 euros from 40.5
euros.  urn:newsml:reuters.com:*:nFWN2ZD01G
    
    MEDIASET ESPANA  TL5.MC  
    Barclays cut the company to "equal weight" from "overweight"
and cut its target price to 4.75 euros from 5.25 euros.
 urn:newsml:reuters.com:*:nFWN2ZD0KS
    
    ATRESMEDIA  A3M.MC  
    Citigroup cut its target price to 3.1 euros from 3.9 euros.
 urn:newsml:reuters.com:*:nFWN2ZD0G7
    
    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 = 0.9790 euros)

 (Gdansk Newsroom; Gdansk.newsroom@thomsonreuters.com
+48 58 769 66 00)