Spanish stocks - Factors to watch on May 21
21/05/2024 07:26
May 21 (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:
TELEFONICA TEF.MC
The Spanish government has acquired the 10% stake in
telecoms group Telefonica TEF.MC it had set out to buy in
December to counterbalance the acquisition of a similar stake by
Saudi Arabia's STC, the state holding company SEPI said on
Monday. urn:newsml:reuters.com:*:nL1N3HN1RR
Separately, Spanish holding company Criteria plans to raise
its stake in Telefonica to 10%, matching the government's
recently acquired stake in the telecoms company, news website El
Confidencial reported on Tuesday, citing unidentified sources.
urn:newsml:reuters.com:*:nL8N3HO0U5
ROVI ROVI.MC
The company said on Tuesday it would propose a share capital
reduction of up to 3.3 million shares. urn:newsml:reuters.com:*:nFWN3HO0EM
ALANTRA ALNTA.MC
Mid-market investment bank DC Advisory on Tuesday opened an
office in Vienna as part of its international expansion, hiring
a team of Alantra bankers to launch the effort, DC Advisory told
Reuters. urn:newsml:reuters.com:*:nL8N3HK46D
SQUIRREL MEDIA SQRL.MC
The company said on Tuesday it bought IKI Group.
urn:newsml:reuters.com:*:nFWN3HO0E9
GAM GAMQ.MC
GAM said on Tuesday its first-quarter net profit rose to 1.1
million euros ($1.19 million) compared to about 900,000 euros a
year ago. urn:newsml:reuters.com:*:nFWN3HO0EO
PESCANOVA PVA.MC
The company said on Monday its first-quarter net loss
widened to 33,000 euros from 5,000 euros year ago. urn:newsml:reuters.com:*:nL8N3HO0ZM
CELLNEX CLNX.MC
Berenberg raised its recommendation on the shares to "buy"
from "hold" and raised its target price to 42 euros from 36
euros. urn:newsml:reuters.com:*:nFWN3HO0AL urn:newsml:reuters.com:*:nFWN3HO0AM
FERROVIAL FERF.AS
Citigroup initiated its coverage with "buy" rating and
target price of $48. urn:newsml:reuters.com:*:nFWN3HN0NK
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