Italian Stocks - Factors to watch on July 22
MILAN, July 22 (Reuters) - The following factors could affect Italian markets on Tuesday.
Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*).
ENI (ENI.MI)
Eni has completed repairs to its Tebidaba-Brass River pipeline in Nigeria, damaged in an attack last week which caused the loss of 47,000 barrels a day of output, the oil company said.
For a full story, double-click on [nL21842388].
IMPREGILO (IPGI.MI)
A possible buyout bid for Italy's biggest builder Impregilo remained open on Monday as a major shareholder said it had yet to decide whether to exercise a share swap for the company.
For a full story, double-click on [nL2179241].
FIAT (FIA.MI)
Morgan Stanley cut its price target to 15 euros from 19 euros with an overweight rating.
* UBI BANCA (UBI.MI), MEDIOBANCA (MDBI.MI), BANCO POPOLARE (BAPO.MI)
Exane BNP Paribas has lowered its estimates and target prices for all the Italian banks under its coverage.
For a full story, double-click on [nMAT008394]
FINMECCANICA (SIFI.MI)
Defence and aerospace company Finmeccanica said its AugustaWestland unit won a contract to supply 18 helicopters to Quatar's armed forces in a contract worth 260 million euros ($413.1 million).
For a full story, double-click on [nL21856588].
PIRELLI & C REAL ESTATE (PCRE.MI)
The real estate company sold 530 million euros of property in the first half, it said in a statement. The company added that gross margin in the first half was 109 million euros, of which 44 million pertained to Pirelli RE.
* The company is in pole position to asset manage a real estate fund that UniCredit is considering launching, MF reported on Monday without citing sources. Lehman Brothers and Merrill Lynch are also in the running, it said.
ALITALIA AZPIa.MI
Bank Intesa Sanpaolo's (ISP.MI) plan to rescue the airline involve 8 investors putting 800 million euros of equity into a new company with the assets of Alitalia and Air One, along with a loan for the same amount, Il Messaggero reports. The newspaper says the investors would be promised an internal rate of return of 20 percent and would include fund Clessidra, the Benetton family, the Ligresti family, Air One's head Carlo Toto, the Fossati family who are investors in Telecom Italia (TLIT.MI) and the Gavio group. Intesa Sanpaolo is also trying to persuade Mediobanca (MDBI.MI), Nomura and Morgan Stanley to take part, the newspaper says.
ENIA EN.MI
Regional utility Enia approved a partnership with other natural gas suppliers on Monday that aims at improving their weight in the downstream market.
For a full story, double-click on [nL21739739].
* ASCOPIAVE (ASCI.MI), ENIA EN.MI
The utilities, along with Linea Group, could have something
"concrete" from their talks on gas sales with Russian gas giant
Gazprom (GAZP.MM) by the end of September, Ascopiave's chairman,
Gildo Salton, tells MF newspaper in an interview.
For Italian market data and news, click on codes in brackets:
20 biggest gainers (in percentage).............PG.MI
20 biggest losers (in percentage)..............PL.MI
Mibtel index.......... .MIBTEL
S&P/Mib index......... .SPMIB
Indice Mib-30......... .MIB30
Midex index........... .MIDEX
Allstars index........ .ALLST
Block trades.......... .BLK.MI
Stories on Italy...... IT-LEN
For pan-European market data and news, click on codes in brackets:
European Equities speed guide...................<EUR/EQUITY>
FTSEurofirst 300 index...............................FTEU3
DJ STOXX index.......................................STOXX
Top 10 STOXX sectors............................PGL.STOXXS
Top 10 EUROSTOXX sectors.......................PGL.STOXXES
Top 10 Eurofirst 300 sectors....................PGL.FTEU3S
Top 25 European pct gainers........................PG.PEUR
Top 25 European pct losers.........................PL.PEUR
Main stock markets:
Dow Jones................DJI Wall Street report .....[.N]
Nikkei 225..............N225 Tokyo report............[.T]
FTSE 100................FTSE London report...........[.L]
Xetra DAX..............GDAXI Frankfurt market stories[.F]
CAC-40..................FCHI Paris market stories...[.PA]
World Indices.....................................<0#.INDEX>
Reuters survey of world bourse outlook.........EQUITYPOLL1
Western European IPO diary..........................WEUIPO
European Asset Allocation........................[EUR/ASSET]
Reuters News at a Glance: Equities...............[TOP/EQE]
Main currency report:...............................[FRX/]
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