<div id="readability-page-1"><div> 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:TECNICAS REUNIDAS Tecnicas Reunidas repaid on Monday the remaining 271 million euros of the SEPI loan.REIG JOFRE Reig Jofre increases its stake in Leanbio to 85% from 47% for 3.5 million euros, with remaining 15% of the company remaining in hands of founding team and specialized investors.ALMIRALL Almirall to issue senior notes worth 250 million euros to mature in 2031, guaranteed by Almirall subsidiaries.TELEFONICA Telefonica's initial proposal would make 5,040 of the 6,088 planned job cuts (82%) early retirements for employees aged 55 and over, Spanish newspaper Cinco Dias reported on Tuesday.Spanish newspaper Expansion says UGT union deems the offer insufficient, warning Telefonica could still impose compulsory layoffs if too few workers opt for early retirement.BANCO SANTANDER Spain's Santander sold an around 3.5% stake in its Polish subsidiary Santander Polska through an accelerated bookbuild for around $473 million, the lender said on Tuesday.Its stake falls to 58.7% and will drop to about 9.7% after a planned 49% sale to Erste Group.BANKINTER J.P. Morgan raises to overweight from underweight; raises target price to 17 euros from 12.7 euros.NATURGY J.P. Morgan raises its target price to 26.7 euros from 25 euros.For today's European market outlook double click on . For real-time moves on the Spanish blue-chip index IBEX please double click on For IBEX constituent stocks highlight .IBEX in the command box and press the F3 button on your keyboard For latest news on Spanish stock moves double click For Spanish language market report double click on For latest Eurostocks report please double click on ($1 = 3.6423 zlotys)</div></div>

Spanish stocks to watch include Tecnicas Reunidas, which repaid a SEPI loan; Reig Jofre, increasing its stake in Leanbio; Almirall, issuing senior notes; Telefonica, planning job cuts with early retirements; Banco Santander, selling a stake in Santander Polska; and Bankinter and Naturgy, receiving target price upgrades from J.P. Morgan.

Spanish stocks - Factors to watch on Dec 2