Spanish stocks - Factors to watch on Wednesday

miércoles 17 de septiembre de 2014 01:24 GYT
 

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:

INDITEX

Zara owner Inditex posted a shallower-than-expected 2.4 percent year-on-year fall in first-half net profit on Wednesday as negative currency effects eased and said sales for the start of the third quarter rose 10 percent.

TELEFONICA

Brazilian telecommunications company Grupo Oi SA's shares soared on Tuesday after a media report that Telecom Italia SpA is considering taking over the company to counter Spanish rival Telefonica in Latin America's largest phone market.

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