Spanish stocks - Factors to watch on Oct 26

By Reuters News

- 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:


MOEVE

The CEO of Spanish energy firm Moeve said on Monday the company was "fully focused" on its strategic transformation towards low-carbon businesses after talks with Portugal's Galp GALP.LS over a potential combination of downstream businesses collapsed.


DIA DIDA.MC

DIA said on Monday its Q3 total gross sales under banner stood at €1.99 billion.


PESCANOVA PVA.MC

Pescanova said on Saturday its Q3 net loss stood at €83,000.


ACCIONA ANA.MC

Poland's financial regulator KNF has approved Acciona's planned mandatory tender offer for minority shares in Mostostal Warszawa at a minimum price of 2.75 zlotys per share, clearing the way for a capital increase needed to recapitalise the cash-strapped Polish subsidiary, Spanish newspaper elEconomista reported on Monday.


NEINOR HOME.MC

Neinor expects to maintain a structural double-digit dividend yield from 2029 by distributing €160-170 million annually, while pursuing further acquisitions that could raise its share of Spain's residential development market to 10%-12%, elEconomista reported on Saturday, citing an interview with CEO Jordi Argemi.


DEOLEO OLEO.MC

Deoleo's owners CVC and Alchemy have set Monday as the deadline for binding bids from Coricelli, Dcoop and Acesur, with the Italian group currently leading the auction with a reported €500 million offer for the Spanish olive oil producer, elEconomista reported on Saturday.


TELEFONICA TEF.MC

JP Morgan cuts Telefonica to underweight from neutral; cuts target price to €3.20 from €3.70.


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