Spanish stocks - Factors to watch on March 7
07/03/2022 06:56
March 7 (Reuters) - The following Spanish stocks may be
affected by newspaper reports and other factors on Monday.
Reuters has not verified the newspaper reports, and cannot vouch
for their accuracy:
INDITEX ITX.MC
Spanish fashion retailer Inditex ITX.MC has halted trading
in Russia, closing its 502 shops and stopping online sales, the
company said in a statement on Saturday. urn:newsml:reuters.com:*:nL1N2V801U
NEINOR HOMES HOME.MC
Neinor Homes said on Friday it completed its buy-back
program after reaching the maximum monetary amount of 5.0
million euros. urn:newsml:reuters.com:*:nL5N2VA0OJ
SQUIRREL MEDIA SQRL.MC
Squirrel Media said on Monday it expected its net profit at
40.4 million euros in 2024. urn:newsml:reuters.com:*:nFWN2V80CL
REPSOL REP.MC
Inditex founder Amancio Ortega, through his investment
company Pontegadea, is planning to bid for the 25% stake in
Repsol's renewable business, Spanish newspaper Cinco Dias
reported on Monday citing unidentified financial sources.
INDRA IDR.MC , TELEFONICA TEF.MC
The government has proposed to Telefonica and Criteria Caixa
to take a stake in Indra's capital and ally with the government,
which plans to raise its own stake to 28%, to control the
company and implement a strategic plan focused on the air and
defence sector, Spanish news website El Confidencial reported on
Monday.
SOLARIA SLRS.MC
RBC upgraded the company to "outperform" from "sector
perform" and raised its target price to 19 euros from 18 euros.
urn:newsml:reuters.com:*:nFWN2V80F1
GRENERGY RENOVABLES GREG.MC
RBC cut its target price to 55 euros from 60 euros.
urn:newsml:reuters.com:*:nFWN2V80CG
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