Spanish stocks - Factors to watch on Monday

Mon Nov 9, 2009 1:49am EST
 
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MADRID, Nov 9 (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:

REPSOL (REP.MC), SACYR SYV.MC, CRITERIA CRIT.M

Spain's Repsol (REP.MC) may cut the dividend to be paid against its 2009 results by 19 percent from a year ago amid an expected sharp drop in earnings, El Economista newspaper said on Saturday, without citing a source. However, the oil company's main shareholder Sacyr is against the move, according to a report the same day in El Pais.

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EL CORTE INGLES

Spain's largest retailer El Corte Ingles is revamping its business model to encompass new products and services to beat the financial crisis and the sharp drop in consumption, Expansion said on Saturday, citing unnamed sources.

For a story, click on: [ID:nL7189034]

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