Spanish stocks - Factors to watch on July 27

Minor Hotels Europe & Americas SA

27/07/2023 07:54

July 27 (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:
    
    IBERDROLA  IBE.MC  
    The Spanish power company raised again its profit outlook
for the year after a strong performance in Europe and in Britain
led to a 21% increase in first-half net profit to 2.52 billion
euros ($2.80 billion). urn:newsml:reuters.com:*:nL8N3903SZ
    
    SANTANDER  SAN.MC  
    Spain's Santander is planning to hire around 150 bankers
primarily in the United States as part of its plans to
accelerate growth in its investment banking business, three
sources with knowledge of the matter said.  urn:newsml:reuters.com:*:nL1N39C2ET
    Separately, CFRA raised it to "buy" from "hold" and raised
its target price to 4.1 euros from 3.7 euros.  urn:newsml:reuters.com:*:nFWN39D0F3
    
    CAIXABANK  CABK.MC  
    Ferrovie Dello Stato Italiane said on Wednesday it signed a
250 million euro ($277.33 million) loan with Caixabank.
 urn:newsml:reuters.com:*:nFWN39C1DB
    
    TELEFONICA  TEF.MC  
    Spanish telecom company Telefonica on Thursday raised its
targets for the full year 2023 after booking a second-quarter
net profit above market expectations.  urn:newsml:reuters.com:*:nL8N39D1RM
    
    ENDESA  ELE.MC  
    New Enel CEO on Wednesday dismissed talks about a sale of a
stake in Endesa.  urn:newsml:reuters.com:*:nL8N39C7P1
    
    GRIFOLS  GRLS.MC  
    The pharmaceutical company said on Thursday its first-half
net result turned to a loss of 56.2 million euros ($62.34
million) year-on-year.  urn:newsml:reuters.com:*:nFWN39C2LZ
    
    REPSOL  REP.MC   
    Spanish oil company Repsol said on Thursday that it will
spend up to 850 million euros ($943.84 million) to buy back 60
million shares before the end of the year.  urn:newsml:reuters.com:*:nL8N39D2HO
    
    SABADELL  SABE.MC  
    Higher margins helped Spain's Sabadell beat market
expectations and double its net profit in the second quarter
against the same quarter a year ago, leading the bank to lift
its guidance for lending income and profitability in
2023. urn:newsml:reuters.com:*:nL8N39D11W
    
    MAPFRE  MAP.MC  
    The Spanish insurer said on Thursday it began the process of
acquiring a 94% stake in Mexican life insurance company Insignia
Life for an initial amount of 1.606 billion Mexican pesos
($95.38 million).  urn:newsml:reuters.com:*:nFWN39D15X
    
    FCC  FCC.MC  
    The company said on Wednesday FCC Environmental Services
renewed a solid waste collection contract with Polk County,
Florida.  urn:newsml:reuters.com:*:nL8N39D1NC
    
    UNICAJA  UNI.MC  
    Spain's Unicaja on Thursday said its net profit rose 6% in
the second quarter from the same period in 2022 as higher
lending income offset a decline in loans.  urn:newsml:reuters.com:*:nL8N39D1P0
    
    ACERINOX  ACX.MC  
    Spanish steelmaker Acerinox  ACX.MC  CEO Bernardo Velazquez
on Wednesday said he expects prices to stop sliding as customers
are almost done destocking and the upcoming price negotiations
will have a more solid basis.  urn:newsml:reuters.com:*:nL8N39C4MF
    
    INDRA  IDR.MC  
    The company said its first-half net income stood at 90
million euros ($99.84 million).  urn:newsml:reuters.com:*:nPlx103L88
    Separately, it said it improved its 2023 outlook by 4% for
revenues, EBIT and cash generation.  urn:newsml:reuters.com:*:nFWN39C2DP    
    NH HOTELS  NHH.MC  
    The company said on Wednesday its first-half net recurring
result turned to a profit of 38.7 million euros versus a loss of
16 million euros reported a year ago.  urn:newsml:reuters.com:*:nFWN39C28R
    
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($1 = 0.9015 euros)
($1 = 16.8382 Mexican pesos)

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