Italian Stocks - Factors to watch on May 27

Wed May 27, 2009 1:00am EDT

 MILAN, May 27 (Reuters) - The following factors could affect
Italian markets on Wednesday.
 Reuters has not verified the newspaper reports, and cannot
vouch for their accuracy. New items are marked with (*).
 FIAT (FIA.MI)
 Germany pressed suitors of General Motors (GM.N) unit Opel
to improve their offers and a fourth bidder from China emerged
on the eve of a top-level meeting to decide the fate of the
carmaker. [ID:nLQ677656]
 
 Efforts by General Motors Corp to sharply cut debt and
restructure its business are expected to run until the June 1
government deadline for the automaker to prove viability or face
bankruptcy, the White House said on Tuesday. [ID:nN26488217]
 
 General Motors has failed to persuade enough bondholders to
accept a debt-for-equity swap, setting the stage for the
largest-ever U.S. industrial bankruptcy within days.
[ID:nN26485137]
 
 BANCA POPOLARE DI MILANO (PMII.MI)
 The bank said on Tuesday its board has approved the terms of
a series of capital-boosting moves to help lift its Core Tier 1
ratio to over 7.5 percent. [ID:nLQ962324]
 
 A2A (A2.MI)
 The utility said it has bought a stake of around 15 pct in
Montenegro's Elektroprivreda Crne Gore AD Niksic (EPCG).
[ID:nMAT009615] 
 
 SMALL AND MID-CAPS
 PIRELLI & C REAL ESTATE (PCRE.MI)
 The company said on Tuesday it has cut its 2009 operating
profit target after a decision not to sell part of its asset
management business to focus on the unit's prospective
growth.[ID:nLQ458818]
 
 SARAS (SRS.MI)
 Italian oil refiner said three workers died on Tuesday in an
accident at its Sarroch refinery on the Italian island of
Sardinia.  [ID:nLQ946695]
 
 TODS (TOD.MI)
 Two proxy advisory firms have recommended that shareholders
of Saks Inc (SKS.N) support initiatives pushed by a hedge fund
aimed at making the luxury retailer's board more accountable to
shareholders. [ID:nN26504623]
 
 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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