March 26, 2009 / 12:08 AM / 10 years ago

Spanish stocks - Factors to watch on Thursday

MADRID, March 26 (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:

IBERIA IBLA.MC

British Airways does not want to finalise its merger with Iberia until it knows who will replace Miguel Blesa, the Chairman of Iberia’s biggest shareholder, savings bank Caja Madrid, El Economista reports citing sources with knowledge of the deal.

The newspaper says this may not be known until September.

ENDESA (ELE.MC) ACCIONA (ANA.MC)

Spain’s National Energy Commission CNE believes Acciona’s sale of 25 percent of Endesa to Italy’s Enel (ENEI.MI) does not pose a competition issue, newspaper ABC reports after gaining access to an internal report that the regulator will discuss on Thursday.

PROPERTY

Rental prices for office space in Spain will fall more than 20 percent from their 2007 peak by end-2009, accounting firm Cushman & Wakefield said on Wednesday. [ID:nLP487219]

SMALL CAPS

Spanish eye laser and cosmetic surgery company Clinica Baviera (CBAV.MC) said on Wednesday it will not pay a dividend on 2008 results but planned to resume dividend payments from 2009. [ID:nLP286092]

TELECOMS

Spanish cable company ONO named former Telefonica director Rosalia Portela as its new chief executive on Wednesday to replace Richard Alden who announced his departure earlier this year. [ID:nLP960199]

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