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Spanish stocks - Factors to watch on Jan 5

Jan 5 (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:
    SABADELL  SABE.MC  
    Banco Sabadell said on Wednesday it would carry out an issue
of perpetual preferred securities contingently convertible to
newly-issued ordinary shares for 500 million euros ($530
million).  urn:newsml:reuters.com:*:nL8N33Q0TV
    INDITEX  ITX.MC  
    Spanish trade unions CCOO and UGT will begin to negotiate
global wage increases on Jan. 25 with Inditex to offset the
impact of inflation at all of the group's companies and in all
territories, Spanish newspaper Cinco Dias reported on Thursday.
    IBERDROLA  IBE.MC  
    Iberdrola and EVE have started administrative procedures to
build the Laminoria wind farm in Alava (Basque Country), with
eight wind turbines and a gross capacity of 40 megawatts,
Spanish newspaper Expansion reported on Thursday.
    CELLNEX  CLNX.MC  
    JP Morgan raised its target price to 58 euros from 53 euros.
 urn:newsml:reuters.com:*:nFWN33Q0VL
    LINEA DIRECTA  LDA.MC  
    Berenberg cut the company to "hold" from "buy" and cut its
target price to 1.02 euros from 1.38 euros.  urn:newsml:reuters.com:*:nFWN33Q10L
    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 = 0.9430 euros)
 (Gdansk Newsroom; Gdansk.newsroom@thomsonreuters.com
+48 58 769 66 00)

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