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Italian Stocks - Factors to watch on Feb 28

Mon Feb 28, 2011 2:36am EST

 MILAN, Feb 28 (Reuters) - The following factors could affect
Italian markets on Monday.
 Reuters has not verified the newspaper reports, and cannot
vouch for their accuracy. New items are marked with (*).
 ASSICURAZIONI GENERALI (GASI.MI)
 Board member Diego della Valle said comments made by
chairman Cesare Geronzi on Saturday [ID:nLDE71P08G] were
inopportune and without any logic, news agency Ansa said late on
Sunday citing a note from Della Valle. Geronzi's comments on the
harmony in the Generali board were not true, Della Valle said,
adding there was no room for someone who is more interested in
his own world and personal relations than in the company's
interests.
 
 UNICREDIT (CRDI.MI)
 Italy's biggest bank UniCredit (CRDI.MI) is closely
monitoring developments with regard to its Libyan shareholders
after the U.N. Security Council imposed asset freezes on Libyan
leader Muammar Gaddafi. UniCredit is 7.5-percent-owned by Libyan
investors. [ID:nLDE71Q0K1] 
 
 INTESA SANPAOLO (ISP.MI)
 Italian bank Intesa Sanpaolo (ISP.MI) intends to continue
offering a dividend under its new business plan, the chairman of
the bank's management board said on Sunday. [ID:nLDE71Q043]
 
 Italy's antitrust regulator has asked for clarification
after comments by a Credit Agricole (CAGR.PA) executive that it
was free to sell its 4.79 percent stake in Intesa when it wants
or not at all, Il Sole 24 Ore said on Sunday. Under antitrust
rules Agricole must cut its stake under 2 percent by July 15,
2011.
 
 BANKS
 Italian banks should use profits to underpin capital bases
and a turn to markets to boost capital seems inevitable, Bank of
Italy chief Mario Draghi said on Saturday. [ID:nLDE71P07B]
 
 FIAT (FIA.MI)
 The carmaker presented a memorandum of understanding to the
Russian industry ministry on Friday to build cars in Russia, a
week after it was ousted from alliance plans. [ID:nLDE71O242]
 
 A2A (A2.MI), EDISON EDN.MI
 An agreement between France's EDF (EDF.PA) and Italian
shareholders over a reshape at Edison is close, Sunday's Il Sole
24 Ore and Corriere della Sera said, without citing sources. EDF
will be the main shareholder but A2A will keep some strategic
powers while generation assets will be broken up and A2A will
have a jv with Edison for power sales, Sole said.
 MEDIOBANCA (MDBI.MI)
 The Italian investment bank expects growth to continue after
retail and consumer finance helped drive forecast-beating net
profit in the fiscal second quarter. [ID:nLDE71N1FI]
 
  * MEDIASET (MS.MI), RCS MEDIAGROUP (RCSM.MI)
 RCS's honorary president Cesare Romiti was quoted in Il
Messaggero on Monday expressing concerns about a legislative
measure approved last week that would make it easier for TV
broadcaster Mediaset to enter the newspaper market.
 
 SMALL AND MID CAPS
  
  * ACEA (ACE.MI)
 The sale of a 21 percent stake by the city of Rome in the
utility could be to a foundation or on the market, ACEA's Chief
Executive said in an interview in Corriere della Sera on Monday,
adding he was working on boosting the sale price.
 
  * TERNIENERGIA (TRNI.MI)
 The renewables company is targeting core earnings in 2013 of
28.5 million euros and sales of 195 million euros in its
2011-2013 business plan, it said on Monday adding its 2010
dividend pay-out will be 40-45 percent .
 
 CARRARO (CARRA.MI)
 The power transmission maker's 2010 net loss is expected to
strongly narrow from the previous year while sales are up 47
percent to 717 million euros, it said on Friday. [ID:nBIA25ace]
 
 RICHARD-GINORI 1735 RG9.MI
 The porcelain maker is targeting a 20 percent annual growth
in sales in its 2011-2013 business plan, which includes positive
core earnings in 2011, it said on Friday. [ID:nBIA25b1b] 
 
 IPO
 The planned IPO of Milan airport operator Sea is gathering
speed with Mediobanca and Morgan Stanley in pole position as
advisors, Corriere della Sera said on Sunday. In an interview
with Saturday's Il Giornale Sea's chairman said the IPO will be
new shares and could be June or November.
 
 COMPANY RESULTS
 The following companies will report results:
 JUVENTUS FOOTBALL CLUB (JUVE.MI)
 LUXOTTICA (LUX.MI)
 





































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