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Spanish Stocks - Factors to Watch on Tuesday

Source: Reuters - Tue 17th Aug 2010

The following Spanish stocks may be affected by newspaper reports and other factors on Tuesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:


The Spanish bank has renewed talks in recent weeks to merge its U.S. operations with New York regional lender M&T, the FT reported, citing people familiar with the matter.


British airport operator BAA, owned by Spain's Ferrovial and the Unite union have reached a deal to prevent a strike by ground staff at major UK airports this month, officials said on Monday.


A three-year court battle over prices between Spain's Gas Natural and Algeria's Sonatrach has ended in favour of the Algerian state-controlled gas company, implying higher prices for a quarter of Spanish gas supply.

Separately, Spanish press said on Tuesday Gas Natural would have to pay Sonatrach 1.5 billion euros for gas supply contracts between 2007 and 2009.

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