Saturday, June 4, 2011

Spanish Stocks - Factors To Watch On Friday

The Spanish engineer said it has agreed to sell Brazilian power transmission units to Cemig (CMIG4.SA) for 485 million euros ($699.7 million), cutting its debt by 656 million euros

CAMPOFRIO (CPF.MC)

The Spanish food group said on Friday its core shareholder Smithfield Foods (SFD.N) has dropped plans to launch a joint bid for the company with its chairman Pedro Ballve [ID:LDE75207D]

IAG (ICAG.L) (ICAG.MC)

International Airlines Group (IAG) will publish traffic figures for May.

TELEFONICA (TEF.MC)

The Spanish telecoms giant has launched its cheapest ever mobile phone tariff at 0.06 euros per minute, Cinco Dias reported on Friday.

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