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:
Brazilian telecommunications provider Oi SA said on Monday it has not entered into any agreement to join a group of rivals to buy Telecom Italia SpA’s stake in Brazilian phone company TIM Participacoes SA.
Spain’s “bad bank”, which houses soured property loans and housing taken off bailed-out lenders during the crisis, on Monday said it was outsourcing the management of some assets to a company owned by Banco Sabadell.
One of the daughters of Inditex founder Amancio Ortega has declared ownership of a 5 percent stake in the company, making her the second-largest shareholder in the world’s largest retailer, owner of the Zara fashion chain.
Spanish infrastructure group ACS said on Monday its Cobra and Lintran divisions had won licenses from the Brazilian government to build and operate nine solar power plants in Sao Paulo, costing a total of 406 million euros ($507 million).
The euro zone’s biggest bank Santander on Tuesday posted a 32 percent rise in nine-month net profit from a year earlier, beating forecasts, as charges set aside against problematic debts fell from a year ago.
Spanish gas and electricity firm Gas Natural Fenosa posted on Tuesday a 10.6 percent rise in nine-month net profit from a year ago, boosted by one-time gains from the sale of its telecoms business.
Spain’s Grifols posted a better-than expected 29.4 percent rise in adjusted net profit to 435.2 million euros for the nine months to September, backed by solid sales and the purchase of a diagnostics unit from Novartis.
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