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Spanish Stocks - Factors to watch on Thursday

Source: Reuters - Thu 23rd Dec 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:


Venezuela is expected to modify its gas sector law to increase taxes and put any future production projects solely in the hands of joint ventures with majority participation by the South American state.

Venezuela has signed gas exploration deals with Spain's Repsol, Italy's ENI, Chevron of the United States, StatoilHydro of Norway, France's Total and Russia's Gazprom.


Santander said in a statement that it was proposing Marcial Portela, currently the general director of Santander in Brazil, as the new executive president of its Brazil operations on Wednesday.


ACS is due to announce during the morning its daily level of voting rights in Hochtief, Germany's biggest builder, ahead of the Dec. 29 end of the offer period for its takeover bid.

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