Spanish stocks - Factors to watch on Sept 24
Sept 24 (Reuters) -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:
IBERDROLA IBE.MC
Iberdrola said on Monday it placed 2.15 billion euros ($2.39 billion) of bonds. nFWN3L50QF
ALBA ALB.MC
Alba said on Monday its first-half net profit fell to 91.9 million euros from 146.9 million euros a year ago. nFWN3L50GA
NEINOR HOMES HOME.MC
The company said on Monday it expects a joint-venture deal signed with Bain Capital will generate 10-15 million euros in fee-based revenues per year. nFWN3L50T0
SANTANDER SAN.MC
Santander expects to sell two British corporate centres between the end of this year and next year, after it relocated its employees to its new headquarters in the country, Spanish newspaper Cinco Dias reported on Tuesday.
MAPFRE MAP.MC
Mapfre is looking to use excess cash to make acquisitions and it is analysing investment opportunities in Brazil, Mexico and Spain, Spanish economic newspaper Expansion reported on Tuesday, citing Felipe Navarro Lopez de Chicheri, its corporate director for investor relations, capital markets and mergers and acquisitions.
REPSOL REP.MC
JP Morgan cut the company's rating to "neutral" from "overweight" and cut its target price to 14 euros from 17 euros. nFWN3L510O
Jefferies also cut its target price to 12 euros from 13 euros. nFWN3L6000
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