The following Spanish stocks may be affected by newspaper reports and other factors on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:
Masmovil has reached a deal with Telefonica in relation to Xfera Moviles SAU (Yoigo) and Pepe Mobile SL (Pepephone) which includes the use of mobile network of Telefonica and resolution of legal conflicts between Yoigo and Telefonica.
JP Morgan raises its stance on Acerinox to “neutral” from “underweight”.
Deutsche Bank raises its stance on REE to “buy” from “hold”.
Deutsche Bank starts on NH Hotels with “hold” and target price of 4.2 euros.
Holding company CriteriaCaixa said on Tuesday it was selling stock in Caixabank equivalent to 1.7 percent of the Spanish bank’s share capital, priced at 3.15 euros per share.
Inditex, the world’s biggest clothing retailer and owner of Zara, on Wednesday reported a 9 percent rise in 9-month profit from a year ago, as sales continued to accelerate despite a warmer-than-usual autumn in many European countries.
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