Spanish stocks - Factors to watch on Aug 12
Spanish stocks - Factors to watch on Aug 12 Aug 12 (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:
INDITEX ITX.MC Inditex has opened its first physical Bershka store in the United States at Miami's Aventura Mall and plans a second location there, expanding its presence in its second-largest market despite trade tensions, Cinco Dias reported on Tuesday.
INDRA IDR.MC
Indra is considering acquiring a satellite-sector company to bolster its space business while shifting its strategy from aggressive acquisitions toward partnerships with industry peers to expand capabilities and fulfil defence contracts, Spanish newspaper Expansion reported on Wednesday, citing sources familiar with the matter.
Alicia Koplowitz's Morinvest SICAV sold its entire stake in Indra and Amadeus after strong share-price gains and used the proceeds to build positions in Aena and Repsol, as part of a portfolio rotation and diversification strategy, Spanish newspaper Expansion also reported on Wednesday.
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