Azkoyen, Endesa and Banco Comercial: Iberian Equity Preview

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.

Spain’s IBEX 35 Index (IBEX) rose 0.1 percent to 10,363.90. Portugal’s PSI-20 Index (PSI20) fell 0.3 percent to 7,741.96.

Spanish stocks:

Azkoyen SA (AZK) : The maker of vending machines posted first-quarter net income of 508,000 euros ($722,000) compared with a net loss of 1.9 million euros a year earlier, the company said in a regulatory filing. The shares fell 0.4 percent to 2.36 euros.

Endesa SA (ELE) : The Spanish utility that’s controlled by Enel SpA is slated to hold presentations for analysts at its Madrid headquarters. The shares fell 1.2 percent to 23.41 euros.

Portuguese stocks:

Banco Comercial Portugues SA (BCP) : Portugal’s biggest non-state bank in terms of assets acquired 99.01 percent of the perpetual subordinated securities that were the target of a swap offer in exchange for shares, NYSE Euronext said. Banco Comercial shares fell 1.3 percent to 54.8 euro cents.

To contact the reporter on this story: Charles Penty in Madrid at cpenty@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net

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