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Spanish stocks - Factors to watch on Thursday
May 4, 2017 / 5:13 AM / 7 months ago

Spanish stocks - Factors to watch on Thursday

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:


Ferrovial, which reports first quarter earnings after the market closes, said on Thursday it was carrying out a share buyback programme worth a maximum of 275 million euros and 19 million shares.


Spain’s Repsol on Thursday posted a 10 percent rise in first-quarter adjusted net profit to 630 million euros, beating analysts’ forecast as recovering oil prices offset falling production and refining margins.


Liberbank said on Thursday first quarter net profit was 32 million euros, down from 38 million euros a year earlier.


RBC raises to “outperform” from “sector perform”


Prisa said on Wednesday that first quarter operating revenue was 362.5 million euros versus 324.5 million euros year ago.


Spain plans to issue between 4 billion and 5 billion euros at a quadruple bond sale.


Spain’s High Court is to question seven current and former Banco Santander bankers, including a current non-executive board member, as part of a probe triggered by leaks of tax information from HSBC’s Swiss private bank.

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