Spanish stocks - Factors to watch on Nov 8

Miquel y Costas & Miquel SA

08/11/2022 07:42

Nov 8(Reuters) - The following Spanish stocks may be
affected by newspaper reports and other factors on Tuesday.
Reuters has not verified the newspaper reports, and cannot vouch
for their accuracy:
    IBERDROLA  IBE.MC  
    Iberdrola said on Monday it signed a memorandum of
understanding with AXA IM Alts for the development of wind
energy in France.  urn:newsml:reuters.com:*:nL8N3241HR
    ENDESA  ELE.MC 
    Endesa said on Tuesday its nine-month EBITDA rose to 3.71
billion euros compared to 3.13 billion euros reported one year
ago and added it would present its 2023-2025 strategic plan on
November 23.  urn:newsml:reuters.com:*:nS8N311088 urn:newsml:reuters.com:*:nFWN3239WR
    Separately, European Investment Bank said on Monday it
signed with Endesa sustainable financing of 250 million euros
for upgrading distribution networks.  urn:newsml:reuters.com:*:nFWN32397X
    The company may be forced for the first time to shut down
its Mequinenza hydroelectric plant in the province of Zaragoza
due to the drought if the adverse situation persists, Spanish
news website El Economista reported on Monday.
    FCC  FCC.MC 
    The company said on Monday FCC Medio Ambiente won a waste
collection contract worth $10.6 million in Florida.  urn:newsml:reuters.com:*:nFWN32358P
    GESTAMP AUTOMOCION  GEST.MC  
    Gestamp Automocion said on Monday its net profit in the
first nine months of the year rose to 183 million euros compared
to 101 million euros in the same period a year ago.  urn:newsml:reuters.com:*:nFWN32397P
    APPLUS  APPS.MC  
    The company said on Tuesday it approved a 50 million euro
share buyback programme.  urn:newsml:reuters.com:*:nFWN3240Y3
    MIQUEL Y COSTAS & MIQUEL  MCM.MC 
    The company reported on Monday its nine-month profit after
tax fell to 23.4 million euros compared to 39.7 million euros
reported a year ago.  urn:newsml:reuters.com:*:nFWN323753
    SIEMENS GAMESA  SGREN.MC  
    Siemens Energy is considering the possibility of cutting
more jobs at its Spanish unit Siemens Gamesa than those
announced so far with cuts even affecting the board of directors
and the management team, Spanish newspaper Cinco Dias reported
on Tuesday. 
    GRIFOLS  GRLS.MC  
    Jefferies cut its target price to 9.95 euros from 17.6
euros.  urn:newsml:reuters.com:*:nFWN3240OJ
    ROVI  ROVI.MC  
    Jefferies cut its target price to 72 euros from 82 euros.
 urn:newsml:reuters.com:*:nFWN3241SZ
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(1 euro = $1.0003)
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