financetom
Market
financetom
/
Market
/
Spanish stocks - Factors to watch on May 20
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Spanish stocks - Factors to watch on May 20
May 19, 2024 11:21 PM

May 20 (Reuters) - The following Spanish stocks may be

affected by newspaper reports and other factors on Monday.

Reuters has not verified the newspaper reports, and cannot vouch

for their accuracy:

IBERDROLA

Spanish utility Iberdrola has agreed to acquire the

remaining 18.4% stake in Avangrid ( AGR ) that it does not

already own, the U.S. subsidiary said on Friday, in an all-cash

deal worth about $2.6 billion.

TUBACEX

The company said on Monday that Mubadala will take a 49%

stake in Tubacex's oil and gas exploration and production

tubular solutions (OCTG) business for $150 million.

ORYZON

The company announced on Friday the conversion of

convertible bonds up to 45 million euros.

ARIMA

The company said on Saturday it would propose a share

capital reduction of 24.5 million euros.

BBVA, SABADELL

Sabadell's investor Martinez supports BBVA's hostile

takeover bid, Bloomberg reported on Friday.

TELEFONICA

Telefonica and H.I.G. Capital are among the suitors weighing

bids for Spanish Avatel Telecom, Bloomberg reported on Friday.

MELIA

The hotel company aims to reach 150,000 rooms in the medium

term, a 50% growth compared to the end of 2023, and is

finalising agreements to incorporate portfolios in the Middle

East and Southeast Asia, Spanish economic newspaper Cinco Dias

reported on Monday.

TALGO

Criteria Caixa has ruled out joining the Hungarian

consortium Ganz-Mavag in its bid for the Spanish train

manufacturer, Spanish newspaper El Economista reported on

Monday, citing unidentified market sources.

For today's European market outlook double click on.

For real-time moves on the Spanish blue-chip index IBEX

please double click on

For IBEX constituent stocks highlight .IBEX in the command

box and press the F3 button on your keyboard

For latest news on Spanish stock moves double click

For Spanish language market report double click on

For latest Eurostocks report please double click on

(Gdansk Newsroom; [email protected]

+48 58 769 66 00)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Federal Reserve Pushes Stocks To Record Highs As Rate Cuts Loom, Nvidia Rallies, Apple Faces Legal Woes: This Week In The Markets
Federal Reserve Pushes Stocks To Record Highs As Rate Cuts Loom, Nvidia Rallies, Apple Faces Legal Woes: This Week In The Markets
Mar 22, 2024
The Federal Reserve kept rates unchanged at its March meeting, but new forecasts confirmed plans for three 25-basis-point rate cuts this year, boosting Wall Street optimism. Fed Chair Jerome Powell hinted that rate cuts will occur if the economy evolves as expected. He downplayed the unexpected inflation surges in January and February, pushing the market to anticipate a 72% chance...
US Equity Indexes Advance This Week as Dovish Tilt in Monetary Policy Sends Treasury Yields Lower
US Equity Indexes Advance This Week as Dovish Tilt in Monetary Policy Sends Treasury Yields Lower
Mar 22, 2024
04:31 PM EDT, 03/22/2024 (MT Newswires) -- US equity indexes ended the week higher as government bond yields fell after investors interpreted the Federal Reserve's move to raise its forecast for inflation while maintaining the outlook for rate cuts this year as dovish. * The Dow Jones Industrial Average closed Friday at 39,475.90, up from 38,714.77 a week earlier. The...
Nasdaq Stretches Record-High Closing Run; Dow, S&P 500 Retreat
Nasdaq Stretches Record-High Closing Run; Dow, S&P 500 Retreat
Mar 22, 2024
04:32 PM EDT, 03/22/2024 (MT Newswires) -- The Nasdaq Composite extended its record-high closing run Friday, while the Dow Jones Industrial Average and the S&P 500 retreated from their respective all-time high levels. The technology-heavy Nasdaq rose 0.2% to 16,428.8, surpassing its previous record closing level set Thursday. The Dow fell 0.8% to 39,475.9, while the S&P 500 lost 0.1%...
US Equity Markets Close Mixed Friday as Dow Drops After Approaching 40,000
US Equity Markets Close Mixed Friday as Dow Drops After Approaching 40,000
Mar 22, 2024
04:15 PM EDT, 03/22/2024 (MT Newswires) -- US equity markets ended mixed Friday as the Dow dropped 300 points after approaching 40,000 but remained on track for its best week of the year. * Federal Reserve Chair Jerome Powell said that the Fed should pay attention to ground-level conditions as well as national-level macroeconomic data. Powell and his Fed colleagues...
Copyright 2023-2026 - www.financetom.com All Rights Reserved