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Spanish stocks - Factors to watch on Monday

Mon Jul 13, 2009 2:25am EDT

Stocks

   

MADRID, July 13 (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:

IBERIA (IBLA.MC)

British Airways is prepared to study a 50-50 share swap as part of merger talks with Spanish airline Iberia (IBLA.MC) and to allow the financial headquarters of any merged group to be located in Madrid, El Economista reported on Monday, citing sources close to the talks.

RED ELECTRICA (REE.MC)

The electricity grid operator will not reduce investments despite a drop in electricity demand, Chairman Luis Atienza told Saturday's Cinco Dias: "In the next five years there is no possibility that our aim to invest 4 billion euros will be reduced and that is our basis for growth," he told the paper.

IBERDROLA RENOVABLES (IBR.MC)

Expects to receive between 290-360 million euros in support from the U.S. government in the coming months -- part of a 2.2 billion renewables package announced by the Treasury -- Saturday's ABC newspaper reported, citing the company.

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