Spanish stocks - Factors to watch on Wednesday

MADRID, June 10 Wed Jun 10, 2009 2:05am EDT

MADRID, June 10 (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:

TELEFONICA (TEF.MC)

Telefonica will sell the new iPhone from June 19, newspaper ABC reported.

INDITEX (ITX.MC)

Spanish clothing group Inditex, owner of fashion chain Zara, reported first quarter net profit of 184 million euros ($255.3 million), just below a Reuters forecast of 187 million euros in a Reuters poll.

For more, please click on [ID:nL51037188]

IBERIA IBLA.MC

Iberia's IBLA.MC May passenger traffic fell 11.4 percent year on year with its long-distance business to Latin America suffering most amid a global downturn and the swine flu outbreak. See [nMDT006460]

LA SEDA (SED.MC)

The chairman of Spain's La Seda de Barcelona (SED.MC), maker of synthetic fabrics, Rafael Espanol has resigned. See [ID:nL91023721]

GECINA GCFP.PA

French property firm Gecina GCFP.PA will raise core earnings 7 percent in 2009, meet debt obligations and could even buy a rival to take advantage of depressed prices, its chairman said in an interview. See [ID:nL9133283]

AVANZIT AVZ.MC

Creditors of Spanish technology firm Avanzit will end up with 12 percent of its shares under a deal to take its holding company out of receivership in July. See [ID:nL9634894]

ZELTIA (ZEL.MC), AMPER (APE.MC), JAZZTEL (JAZ.MC), DURO FELGUERA (MDF.MC)

Zeltia, Jazztel, Duro Felguera and Amper to take part in a ThomsonReuters summit held in Madrid.

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