Spanish stocks - Factors to watch on Aug 6
Spanish stocks - Factors to watch on Aug 6 Aug 6 (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:
TELEFONICA TEF.MC, LIBERTY GLOBAL LBTYA.O
Telefonica and Liberty Global are considering further cost-cutting measures at their UK joint venture Virgin Media O2, potentially including workforce reductions, as they seek to boost cash flow and reduce leverage amid intense competition and weaker earnings, Spanish newspaper Cinco Dias reported on Thursday.
MAPFRE MAP.MC
The U.S. property and casualty insurer Safety Insurance said on Wednesday it entered into a definitive agreement under which an affiliate of Mapfre will acquire the company in an all-cash transaction valued at approximately $1.54 billion.
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