Spanish stocks - Factors to watch on Tuesday

MADRID, June 9 Tue Jun 9, 2009 1:54am EDT

MADRID, June 9 (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:

CAIXA CATALUNYA

Spanish savings bank Caixa Catalunya is now selling off homes it has acquired from property developers in exchange for debt, with the aim of cleaning up its balance sheet, Expansion newspaper said on Tuesday, without citing a source.

The Catalonia-based bank, which currently owns 3,600 homes throughout Spain, has already sold 348 flats with discounts of up to 30 percent, the newspaper said.

ACERINOX (ACX.MC)

The Spanish stainless steel maker said on Monday it was increasing the base price of its long products by 100 euros a tonne.

The world's biggest stainless steel maker led the European market by announcing steel price rises of 100 euros a tonne in April and then another rise by the same amount in May.

IBERDROLA RENOVABLES IBR.MC

Holds press conference Tuesday at 1000 GMT in Valencia ahead of shareholders meeting on Wednesday.

IBERIA IBLA.MC

Issues May passenger traffic data after the market close

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