Spanish stocks - Factors to watch on Oct 31
31/10/2023 07:47
Oct 31 (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:
BBVA BBVA.MC
Spain's BBVA BBVA.MC on Tuesday posted a 13% rise in
third-quarter net profit buoyed by higher lending income in its
main markets, Spain and Mexico. urn:newsml:reuters.com:*:nL8N3C119Q urn:newsml:reuters.com:*:nL8N3C118W
TELEFONICA TEF.MC
The Spanish sovereign fund SEPI is evaluating acquiring a
stake in the country's largest telecom company Telefonica
TEF.MC , it said on Tuesday in a filing to the stock market
regulator. urn:newsml:reuters.com:*:nL8N3C121V
Saudi telecoms group STC 7010.SE is seeking to keep its
current 4.9% stake in Spain's Telefonica TEF.MC and no longer
plans to convert the 5% it holds in derivatives into voting
shares, El Economista newspaper reported on Monday, citing
people familiar with the operation. urn:newsml:reuters.com:*:nL8N3C06AQ
Separately, Berenberg cut its target price to 3.3 euros from
3.7 euros. urn:newsml:reuters.com:*:nFWN3C10NP
FCC FCC.MC
FCC said on Tuesday its nine-month net profit rose to 401.4
million euros compared to 358.3 million euros reported a year
ago. urn:newsml:reuters.com:*:nFWN3C057S
ENDESA ELE.MC
Spanish power utility Endesa ELE.MC , the local unit of
Italian giant Enel ENEI.MI , said on Tuesday that its net
profit for the first nine months of the year fell roughly 36% on
lower revenue. urn:newsml:reuters.com:*:nL8N3C075P urn:newsml:reuters.com:*:nL8N3C11KW urn:newsml:reuters.com:*:nFWN3C1015
UNICAJA UNI.MC
BofA Securities announced on Monday the beginning of an
accelerated bookbuilding process of up to 2.95% of Unicaja share
capital. urn:newsml:reuters.com:*:nFWN3C04CK
In a separate document, BofA Securities said on Tuesday the
offering amounted to total of 74.5 million euros, with the
selling price being 0.95 euros per share. urn:newsml:reuters.com:*:nFWN3C101A
INDRA IDR.MC
Indra said on Tuesday its nine-month net profit rose to 146
million euros up from 116 million euros a year ago. urn:newsml:reuters.com:*:nPlx1spXt2
The company also reiterated its year-end guidance.
urn:newsml:reuters.com:*:nFWN3C052U
PHARMAMAR PHMR.MC
The company said on Tuesday it starts a Phase IIb/III
clinical trial of Zepzelca (lurbinectedin) for the treatment of
patients with metastatic Leiomyosarcoma. urn:newsml:reuters.com:*:nFWN3C0555
RENTA 4 RTA4.MC
The company said on Monday its nine-month net profit rose to
19.2 million euros from 15.3 million euros a year ago.
urn:newsml:reuters.com:*:nFWN3C03WD
PESCANOVA PVA.MC
The company said on Monday its third-quarter net loss
narrowed to 551,000 euros from 6.8 million euros a year ago.
urn:newsml:reuters.com:*:nL8N3C111L
REPSOL REP.MC
Spanish oil major Repsol REP.MC has frozen the investment
plan for a hydrogen plant in the Basque country, northern Spain,
due to uncertainty about the future of a tax imposed on energy
companies, its top regional executive said on Monday.
urn:newsml:reuters.com:*:nL8N3C05L4
Separately, Berenberg raised its target price to 15.5 euros
from 14.2 euros. urn:newsml:reuters.com:*:nFWN3C10IO
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