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Spanish stocks - Factors to watch on Wednesday

Source: Reuters - Wed 20th Oct 2010

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:

IBERDROLA: The Spanish utility is due to unveil third-quarter results in the morning. A Reuters poll forecasts core earnings will have risen by 11 percent due to a strong performance by its renewables business and Latin American holdings.

BBVA: Spain's second largest bank has joined London international clearing house LCH Clearnet enabling it to access liquidity for itself and third parties using government debt as collateral, Expansion reported citing unnamed sources.

ABENGOA: Abengoa Finance SAU on Tuesday sold $650 million of senior notes in the 144a private placement market, said IFR, a Thomson Reuters service. The notes are guaranteed by Abengoa SA

ECONOMY: Spain's lower chamber is expected to pass an austere budget without social turmoil.

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