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MRL — MERLIN Properties SOCIMI News Story

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Spanish stocks - Factors to watch on May 14

May 14 (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:

TELEFONICA TEF.MC

Spanish telecom company Telefonica said on Wednesday it booked a net loss of 1.3 billion euros ($1.45 billion) in the first quarter after it wrote down the value of the units it sold in Peru and Argentina.

SABADELL SABE.MC

Sabadell said on Tuesday it had agreed to carry out an issue of perpetual preferred securities contingently convertible to newly issued shares of the company in a principal amount of 1 billion euros.

FERROVIAL FERF.AS

The company reported on Tuesday first quarter adjusted EBITDA of 309 million euros.

MERLIN PROPERTIES MRL.MC

Merlin Properties reported on Tuesday first quarter net profit of 84.2 million euros.

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($1 = 0.8943 euros)

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