Spanish stocks – Factors to watch on Thursday

October 27th, 2011 by admin

Spanish stocks Factors to watch on Thursday On Thursday October 27, 2011, 12:00 am EDT

MADRID, Oct 27 (Reuters) – The following Spanish stocks maybe affected by newspaper reports and other factors on Thursday.Reuters has not verified the newspaper reports, and cannot vouchfor their accuracy:

Spain’s Repsol stripped Luis del Rivero, the oustedchief of builder Sacyr Vallehermoso , of his deputychairman title on Wednesday and requested his resignation fromthe board, the oil major said.

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The Spanish bank releases its nine-month results on Thursdaywith capital levels in focus as Europe thrashes out terms of aEurope-wide bank recapitalisation plan.

Smaller bank Sabadell is also due to reportnine-month results before the market opens.

Spain’s Iberdrola is expected to report its profit in thenine months to September was largely unchanged from a yearearlier on Thursday due to weak electricity demand in its core markets and tighter margins in its U.S. renewable energy business.

Spain’s Abertis is expected to report slim growth in thefirst nine months of 2011 from a year ago on Thursday asnegative traffic trends continue throughout Europe, particularlyin the toll-way operators’ home market.

Spain’s Ferrovial is expected to report after the closenine-months core profit of 1.68 billion euros ($2.3 billion),boosted by steady growth at its UK airports division BAA, thoughits construction business will remain weak.

Mediaset Espana, which operates television channelsTelecinco and Cuatro, is due to report nine-month results beforethe market opens, as is smaller television rival Antena 3 .

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Spanish stocks – Factors to watch on Thursday