May 15, 2020 / 6:43 AM / 18 days ago

Spanish stocks - Factors to watch on May 15

May 15 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:


Madrid-based NH Hotels Group said on Thursday that its net loss nearly quadrupled in the first quarter from a year earlier, the group reported a net loss of 57.2 million euros ($61.77 million) compared with 14.7 million euros a year earlier.


Spain’s Arima reported on Thursday that the company’s board will not implement long-term incentive plan in 2020 due to COVID-19.


Spain’s Prisa announced that it sold 30% in Grupo Media Capital to Pluris through a block trade transfer of the shares for 10.5 million euros.


The company reported on Thursday a 41.8% net profit drop year on year on the first quarter to 2.1 million euros The company updated its 2020 targets due to the impact of COVID-19


Spain’s Duro Felguera reported that the client of its power station project in Dubai has notified the execution of the guarantees provided by the company for the project, with a value of 47.8 million euros.


Barclays cut its target price to 36 euros from 40 euros

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