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Spanish stocks - Factors to watch on Jan 28

Jan 28 (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:

IBERDROLA IBE.MC

A federal judge on Tuesday allowed Vineyard Wind to resume work on its Massachusetts offshore wind project, which President Donald Trump's administration halted along with four other projects last month due to national security concerns.

Vineyard Wind is a $4.5 billion joint venture between Spain's Iberdrola and Denmark's Copenhagen Infrastructure Partners.

HBX HBX.MC

Spanish travel technology firm HBX Group said on Wednesday its revenue grew 1% in the October-December quarter compared to the same period in 2024.

INDRA IDR.MC

Indra's board is expected on Thursday to receive reports recommending the start of negotiations on a possible merger by absorption with Escribano Mechanical & Engineering (EM&E), Expansion reported on Wednesday, citing sources familiar with the matter.

TELEFONICA TEF.MC

Telefonica has launched a nationwide network of small data centres to meet rising demand for AI and cloud services, expanding its edge‑computing infrastructure across Spain, Spanish newspaper Cinco Dias reported on Wednesday.

BBVA BBVA.MC

RBC cuts BBVA to "sector perform" from "outperform"; raises target price to 19.75 euros from 19.25 euros.

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