Spanish stocks - Factors to watch on Oct 30
30/10/2020 07:24
Oct 30 (Reuters) - The following Spanish stocks may be
affected by newspaper reports and other factors on Friday.
Reuters has not verified the newspaper reports, and cannot vouch
for their accuracy:
BBVA BBVA.MC
Spain's BBVA said on Friday its third-quarter net profit
fell 6.9% from the same period a year ago to 1.14 billion euros
($1.35 billion) on more loan loss provisions to offset a
potential impact on its business from the coronavirus crisis.
urn:newsml:reuters.com:*:nL8N2HKAYQ
CAIXABANK CABK.MC
Spain's Caixabank said on Friday its third-quarter net
profit declined 19% against the same period a year ago due to
more COVID-19 related provisions. urn:newsml:reuters.com:*:nL8N2HK9FY
SABADELL SABE.MC
Banco Sabadell's third-quarter net profit fell 77% from a
year ago due to higher provisions, and the Spanish lender on
Friday announced an efficiency plan, entailing yet unspecified
job cuts in Spain, to counter the impact of the coronavirus
pandemic. urn:newsml:reuters.com:*:nL8N2HL1AH
METROVACESA MVC.MC
Spanish builder said on Friday its nine-month net result
turned to a loss of 82.3 million euros compared to a profit of
0.1 million euros the year before. urn:newsml:reuters.com:*:nL8N2HL1C4
VISCOFAN VIS.MC
Spanish Viscofan posted on Thursday a nine-month net loss of
87.9 million euros, wider than the 72.7 million euros on the
same period the year before. urn:newsml:reuters.com:*:nS8N2H40C5 The group said it
maintains its strategic orientation and full-year objectives
despite the Covid pandemic. urn:newsml:reuters.com:*:nFWN2HK1PN
FERROVIAL FER.MC
Spanish engineering and construction firm said on Thursday
its net loss during the first 9 months of the year widened to
498 million euros from a loss of 104 million euros a year ago.
urn:newsml:reuters.com:*:nL8N2HL1AH
CATALANA OCCIDENTE GCO.MC
Catalana reported on Thursday a 29.2% decline on its 9-Month
net profit at 217.5 million euros versus 307.2 million euros on
the same period last year. urn:newsml:reuters.com:*:nFWN2HK1NS
GESTAMP AUTOMOCION GEST.MC
Gestamp Automocion posted on Thursday an EBITDA on its third
quarter of 244 million euros, up from 234 million euros a year
ago. urn:newsml:reuters.com:*:nFWN2HK1M6
IBERPAPEL IBG.MC
Iberpapel reported on Thursday its nine-month net profit
fell 93.3% to 1.1 million euros from 17.1 million on the same
period last year. urn:newsml:reuters.com:*:nFWN2HK1M3
LINGOTES ESPECIALES LGT.MC
Lingotes Especiales said on Thursday its net profit for the
first semester at 1.2 million euros down from 4.8 million euros
a year ago. urn:newsml:reuters.com:*:nFWN2HK1NT
TELEFONICA TEF.MC
Credit Suisse cut its target price to 3.8 euros from 4.2
euros. urn:newsml:reuters.com:*:nFWN2HK1FY
REPSOL REP.MC
Barclays cut its target price to 7.5 euros from 10 euros.
urn:newsml:reuters.com:*:nFWN2HL0HF
CELLNEX CLNX.MC
Morgan Stanley raised its target price to 73 euros from 70
euros. urn:newsml:reuters.com:*:nFWN2HL0L9
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