Articles by The Corner

About the Author

The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.
Caixabank kio 2

Caixabank executes 53.47% of share buyback in programme’s ninth week

Alphavalue/DIVACONS | The Catalan bank executed 53.47% of its share buyback in the ninth week of the programme, whose maximum amount has been set at €500 million, according to information provided by the entity to the National Securities Market Commission (CNMV) on Friday. Specifically, in this new week of the programme, it acquired 2,237,802 shares at a weighted average price of £8.6738 and a total amount of £19.4 million. Meanwhile,…


gas electricidad

Inflation rises four tenths in July to 2.7% due to higher electricity and petrol prices

CdM | Inflation rose four tenths of a point in July, when the Consumer Price Index (CPI) stood at 2.7% year-on-year, mainly due to higher electricity and fuel prices, according to final data published by the National Statistics Institute (INE). In detail, the groups that stood out most for their influence on the increase in the annual rate were housing and transport. In the case of housing, the annual rate…


produccionindustrial pantalla

Industrial production rises in June in both Eurozone and EU (0.2% and 0.5% respectively)

CdM | Industrial production in the Eurozone rose by 0.2% in June 2025, while in the European Union (EU) the increase was 0.5% compared to the same month last year. According to data from Eurostat, the EU’s statistical office, industrial production fell by 1.3% month-on-month in the eurozone countries, while the decline compared to May was 1% in the EU-27. In May 2025, industrial production had grown by 1.1% in…


bbva sabadell

BBVA to readjust Sabadell takeover bid exchange ratio at end of month

Link Securities | BBVA (BBVA) will readjust the exchange ratio of its takeover bid for 100% of the capital of Banco Sabadell (SAB) at the end of the month to update the offer, as SAB will distribute a new cash dividend of 7 euro cents per share to its shareholders on 29 August, according to Cinco Días newspaper. The bank will thus move from offering one BBVA share plus 70…


gestamp edificio

Gestamp has little potential from current levels: Sell, P/E €3.3/share

Bankinter | Gestamp (GEST) surprises in Q2 with improved margins despite sales figures. For 2025 as a whole, it reiterates its guidance. However, we believe it will be difficult to meet its revenue growth target. At constant exchange rates, sales grew less than the average production in the countries where the company operates (-0.9% versus +3.7% for the market) at the end of the first half. In fact, following these…


iberdrola avangrid eeuu 2

Iberdrola subsidiary Avangrid generates 13,000 gigawatt hours of energy in US in 1H25

Alphavalue/DIVACONS | The Spanish utility company, through its subsidiary Avangrid, generated around 13,000 gigawatt hours (GWh) of energy in the United States in 1H25, which is equivalent to enough electricity to supply around 2.4 million homes in the country. Specifically, the group chaired by Ignacio Sánchez Galán has a total of 80 electrical facilities in operation from coast to coast, with a combined generation capacity of more than 10.5 gigawatts…



sacyr edificio logo nuevo

Sacyr wins residential construction contracts for 830 homes in Malaga, Madrid, and Barcelona worth €245 million

Link Securities | Sacyr Ingeniería e Infraestructura (SCYR) has been awarded residential construction contracts worth €245 million and is expanding its project portfolio in Spain with 830 new homes in Malaga, Barcelona and Madrid, according to reports on Wednesday by the Efe news agency and Expansión. A press release explains that among the recently awarded projects, the construction of the Karl Lagerfeld Villas for Sierra Blanca Estates, located in Lomas…


Telefonica Prosegur

CNMC announces full liberalisation of Telefónica’s fibre optic networks

Bankinter | Telefónica (TEF) will no longer be obliged to lease its networks to rival operators at a regulated price. This liberalisation process began in 2016 when the National Commission for Markets and Competition (CNMC) ruled that there was sufficient competition in 66 cities representing 35% of the population; in 2021, it extended liberalisation to 696 towns, covering a total of 70% of the population, and now the remaining 30%…


china exportaciones

Trump signs executive order to extend trade truce with China for another 90 days

Link Securities | US President Donald Trump signed an executive order to extend the trade tariff truce with China for another 90 days, as confirmed by Trump himself and the Chinese Ministry of Commerce. With the latest round of negotiations set to expire early Tuesday morning, this pushes the deadline to mid-November, providing crucial relief for seasonal import increases ahead of Christmas. The US will maintain 30% tariffs on Chinese…