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Spanish stocks - Factors to watch on July 23

MADRID, July 23 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:

IBERDROLA IBE.MC

Europe's largest utility Iberdrola on Wednesday launched a 5 billion euro ($5.87 billion) capital increase to help fund investments in power grids in Britain and in the United States.

The shares offered through a process of accelerated book-building were set to be priced at 15.10 euros, one of the bookrunners said. Iberdrola's share price closed at 15.895 euros on Tuesday. Spain's stock market regulator suspended trading of Iberdrola's shares on Wednesday morning.

NATURGY NTGY.MC

Spanish power company Naturgy NTGY.MC said on Wednesday its net profit rose 10% from the same period a year ago thanks to higher energy prices amid macroeconomic uncertainty.

REDEIA REDE.MC

Citigroup resumed coverage of Redeia with a "buy" rating and a price target of 19.7 euros.

LINEA DIRECTA LDA.MC

Linea Directa said on Wednesday it booked a 43.7 million euro net profit in the first half of the year.

ATRESMEDIA A3M.MC

Atresmedia said on Wednesday it booked a 63.8 million euro net profit in the first half of the year.

METROVACESA MVC.MC

Metrovacesa posted on Wednesday a 15.5 million euro net loss in the first half of the year.

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($1 = 0.8519 euros)

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