Spanish stocks - Factors to watch on Oct 29
Oct 29 (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:
SANTANDER SAN.MC
Spain's Santander SAN.MC on Tuesday said its third-quarter net profit rose 12% year-on-year following a solid performance at its main retail business and lower loan loss provisions. nL8N3M50MN
Separately, Santander's UK arm on Monday postponed the release of its third-quarter results while it assesses the impact of a court ruling on motor finance commissions, although the parent bank said it did not expect any material impact on its 2024 financial targets. nL8N3M41LV
FERROVIAL FERF.AS
The company said on Monday it would pay a second scrip dividend. nFWN3M41UP
BBVA BBVA.MC, SABADELL SABE.MC
Spain's anti-trust watchdog CNMC on Monday flagged it may need to launch an extended review of BBVA's BBVA.MC hostile bid for smaller banking rival Sabadell SABE.MC, a deal that the government opposes. nL8N3M41Q1
REPSOL REP.MC
Mitsui & Co 8031.T said on Monday it signed in joint venture with Repsol and Carbonvert lease contracts with Texas General Land Office for offshore carbon storage project. nP8N3LG00F
GRENERGY GREG.MC
Grenergy has agreed with China-based Contemporary Amperex Technology 300750.SZ to buy 10% of the batteries for its Atacama project in Chile, Spanish newspaper El Economista reported on Tuesday.
ENAGAS ENAG.MC
RBC cut its target price to 12.50 euros from 13 euros. nFWN3M41W2
GRIFOLS GRLS.MC
Berenberg cut its target price to 19.40 euros from 19.50 euros. nFWN3M41TG
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