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Spanish stocks - Factors to watch on Thursday

Thu Jun 11, 2009 2:49am EDT

Stocks

   

MADRID, June 11 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:

SPAIN CONSTRUCTION SECTOR

The Spanish government will guarantee builders the financing for major public works, which already have a 13 billion euros budget, El Economista newspaper said on Thursday, without citing a source.

MARTINSA FADESA (MFAD.MC)

Spain's Martinsa Fadesa has obtained the backing of over 50 percent of creditors for its viability plan and debt repayment proposal, Expansion newspaper said on Thursday, citing unnamed sources close to the matter.

IBERDROLA (IBE.MC)

Spain's largest power company is poised to start supplying liquefied natural gas to the U.S. market under a deal signed with U.S.-based Chevron Corp (CVX.N), Waterborne Energy consultants Chairman Steve Johnson told Reuters on Wednesday

For more information, click on [ID:nN10453860]

IBERDROLA RENOVABLES (IBR.MC)

The Spanish wind power generator has won a contract to build 298 megawatts of wind farms in Valencia, southeast Spain, a spokeswoman from the company said on Wednesday.

For more information, click on [ID:nnLA763807]

SANTANDER (SAN.MC)

Spain's biggest bank will issue up to 2 billion euros in preference shares, according to the documentation for the operation lodged on Wednesday with stock market regulator CNMV.

The CNMV has included a warning in the documentation that the preference shares offer a lower yield than is currently being sought by investors.

JAZZTEL (JAZ.MC)

The Spanish telcom small cap expects to maintain the pace at which it is capturing broadband customers after signing up over 40,000 new contracts in the last two quarters, its chief executive officer said on Wednesday.

For more information, click on [ID:nLA79856]

ZELTIA (ZEL.MC)

The Spanish biotechnology firm is seeking foreign investors to take up shares in its Noscira arm, which is trying to find a cure for Alzheimer's its chairman said on Wednesday.

For more information, click on [ID:nLA387510]

METROVACESA (MVC.MC)

The Spanish property group said on Wednesday it has decided not to execute its planned break-up agreement with its French affiliate Gecina (GFCP.PA).

For more information, click on [ID:nLA466895]

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For latest news on Spanish stock moves double click [HOT-ES]

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