Italy - Factors to watch on August 21

Wed Aug 21, 2013 2:39am EDT

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 (*).

COMPANIES

FINMECCANICA

Italy's AgustaWestland is still negotiating an order with the Russian government for its AW139 helicopters, a spokesman said after speculation about the order falling through hit the shares of parent company Finmeccanica on Tuesday.

PRELIOS, PIRELLI, INTESA SANPAOLO , UNICREDIT

The real estate management company said on Tuesday that creditors including tyremaker Pirelli and banks Intesa Sanpaolo and UniCredit would take up all 69.6 million euros worth of shares left unsubscribed in a capital increase.

BANCA POPOLARE DELL'ETRURIA E DEL LAZIO

The Tuscan lender said on Tuesday it had completed a 100 million euro capital increase by privately placing 1.433.678 shares that had been left unsubscribed.

PRYSMIAN

Berenberg raised its target price for the cables group to 17.50 euros from 17 euros, and kept rating at hold.

*CARIGE

The bank's leading shareholder is likely to pick an internal candidate to replace outgoing president Giovanni Berneschi when shareholders meet to appoint a new board on Sept. 30, a source close to the matter told Reuters on Tuesday.

On Wednesday, Il Sole-24 Ore reported that a group of local investor led by motorways baron Beniamino Gavio could take a stake in the bank, adding that no formale talks have been launched.

For more details on today's events please see the full agenda in Italian.

For Italian market data and news, click on codes in brackets:

20 biggest gainers (in percentage)............

20 biggest losers (in percentage).............

FTSE IT allshare index

FTSE Mib index........

FTSE Allstars index...

FTSE Mid Cap index....

Block trades..........

Stories on Italy...... IT-LEN

For pan-European market data and news, click on codes in brackets: European Equities speed guide................... FTSEurofirst 300 index.............................. DJ STOXX index...................................... Top 10 STOXX sectors........................... Top 10 EUROSTOXX sectors...................... Top 10 Eurofirst 300 sectors................... Top 25 European pct gainers....................... Top 25 European pct losers........................ Main stock markets: Dow Jones............... Wall Street report ..... Nikkei 225............. Tokyo report............ FTSE 100............... London report........... Xetra DAX............. Frankfurt market stories CAC-40................. Paris market stories... World Indices..................................... Reuters survey of world bourse outlook......... Western European IPO diary.......................... European Asset Allocation........................ Reuters News at a Glance: Equities............... Main currency report:...............................

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