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Spanish stocks - Factors to watch on May 21

May 21 (Reuters) - The following Spanish stocks may be
affected by newspaper reports and other factors on Friday.
Reuters has not verified the newspaper reports, and cannot vouch
for their accuracy:
        
    TUBACEX  TUBA.MC  
    The company said on Thursday it would propose a 1.8 million
euro ($2.20 million) capital reduction through amortization of
its shares.  urn:newsml:reuters.com:*:nFWN2N718Z
    
    RENTA CORP  REN.MC 
    Spain's Renta Corporacion said on Thursday it expected
full-year net profit would stand at 9.5 million euros.
 urn:newsml:reuters.com:*:nL5N2N80KX
    
    SANTANDER  SAN.MC  
    Spain's biggest bank Santander expects to triple revenues in
its payments business PagoNxt to around 1 billion euros ($1.2
billion) in the next few years as it moves to compete with major
players in the business such as Apple Pay and Stripe.
    "In five years there will be ten, maybe fifteen global
payment platforms, half of them will be banks and half
non-banks, JP Morgan and we (Santander) will be one of them,"
Executive Chairman Ana Botin told Reuters in an
interview. urn:newsml:reuters.com:*:nFWN2N70VU
    
    REPSOL  REP.MC  
    Repsol has closed the sale of the stake it held through its
venture capital fund in the US floating wind turbine developer
Principle Power (PPI), Spanish newspaper El Economista reported
on Friday.
    
    CELLNEX  CLNX.MC  
    Cellnex has entered into an alliance with Red Electrica
 REE.MC  to apply for European funds for the development of
mobile telecommunications networks in rural areas, Spanish
economic newspaper Expansion reported on Friday.
        
    For today's European market outlook double click on  .EU . 
    For real-time moves on the Spanish blue-chip index IBEX
please double click on  .IBEX  
    For IBEX constituent stocks highlight .IBEX in the command
box and press the F3 button on your keyboard 
    For latest news on Spanish stock moves double click  HOT-ES 
    For Spanish language market report double click on  .MES 
    For latest Eurostocks report please double click on  .EU 
($1 = 0.8179 euros)

 (Gdansk Newsroom; Gdansk.newsroom@thomsonreuters.com
+48 58 769 66 00)

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