Spanish stocks - Factors to watch on Oct 12
12/10/2022 07:25
Oct 12 (Reuters) - The following Spanish stocks may be
affected by newspaper reports and other factors on Wednesday.
Reuters has not verified the newspaper reports, and cannot vouch
for their accuracy:
CAIXABANK CABK.MC
Caixabank CABK.MC , Spain's biggest lender by domestic
assets, has proposed a sector-wide measure to cushion the rise
in payments on variable mortgage contracts for a year, a source
with direct knowledge of the matter said on Tuesday.
urn:newsml:reuters.com:*:nL1N31C2KU
NATURGY NTGY.MC
The Spanish government will ensure Naturgy's NTGY.MC plans
to spin off its power and gas infrastructure meet conditions set
by authorities after Australian fund IFM bought a stake in the
utility company, Energy Minister Teresa Ribera said on Tuesday.
urn:newsml:reuters.com:*:nL8N31C40A
SQUIRREL MEDIA SQRL.MC
Squirrel Media said on Tuesday it bought Spanish production
company Comercial de Contenidos Audiovisuales. urn:newsml:reuters.com:*:nL8N31D0PT
IBERDROLA IBE.MC
Iberdrola's Brazilian subsidiary Neoenergia has hired JP
Morgan and Itau to find a minority investor for its transmission
grid business to increase the company's resources for further
growth in other geographies, Spanish online news website El
Economista reported on Wednesday, citing Brazilian newspaper
Valor Economico.
TELEFONICA TEF.MC
Criteria Caixa reached 1.88% of Telefonica at the end of
September after completing more than 50 operations with an
investment of about 110 million euros since the presentation of
the accounts for the first half of the year, Spanish newspaper
Cinco Dias reported on Wednesday.
AENA AENA.MC
JP Morgan cut its target price to 133 euros from 156 euros.
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