The following companies may have unusual price changes in Spanish and Portuguese trading. Stock symbols are in parentheses and share prices are from the previous close.
Iberdrola Renovables SA (IBR) : The world’s largest owner of wind parks was cut to “hold” from “buy” at Caja Madrid Bolsa. The shares jumped 11 percent to 3.04 euros.
Altri SGPS SA (ALTR) : Portugal’s second-biggest pulp- and-paper producer said full-year net income was 62 million euros after it reported a loss of 10.9 million euros in 2009, according to a regulatory filing. The shares dropped 0.2 percent to 1.69 euros.
To contact the reporter on this story: Manuel Baigorri in Madrid at email@example.com
To contact the editor responsible for this story: Andrew Rummer at firstname.lastname@example.org