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Spanish Stocks - Factors to watch on Friday

Source: Reuters - Fri 22th Oct 2010

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:

FERROVIAL

The Spanish infrastructure company said it was seeking to sell 10 percent of British airports operator BAA in order to finance new investments and pay off debt.

IBERDROLA

The Spanish power utility said on Friday it had reached a deal to sell indirect stakes it held in four Guatemalan firms for $326.45 million to Empresas Publicas de Medellin.

PRISA

Spain's competition watchdog is seeking changes to the pay-TV component of a television deal between Telecinco and Prisa.

OHL

The Mexican unit of Spanish construction group Obrascon Huarte Lain narrowed the price range for its Mexico share offer, which is aimed at raising some $1.2 billion to fund road projects.

BANKINTER

The chief executive of Spain's Bankinter resigned on Thursday, just ahead of nine-month earnings, which are to be reported on Friday. The bank is expected to report a 30 percent drop in net profit.

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