Italian Stocks - Factors to watch on April 29

MILAN, April 29 (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
Chrysler LLC's [CBS.UL] biggest lenders and the U.S.
government reached a framework deal to cut the automakers' debt
by $6.9 billion, but bankruptcy still loomed as a strong
possibility to complete restructuring. [nN28328909]

Fiat's chief executive told the Canadian Auto Workers that
Chrysler was likely to seek temporary bankruptcy protection in
the United States. [nL28354651]

The Obama administration does not rule out bankruptcy for
Chrysler despite the U.S. Treasury's tentative deal with banks,
White House spokesman Robert Gibbs said. [nWAT011368]

Fiat declined comment after German Economy Minister
Karl-Theodor zu Guttenberg said it had presented a rough plan to
invest in General Motors Corp's Opel unit. [nLS805360]

FINMECCANICA
Its AgustaWestland unit defended the performance of the
helicopter it wants to supply U.S. President Barack Obama and
urged compromise over U.S. plans to scrap a fleet renewal plan.
[nLS598872]

Finmeccanica turned in first-quarter net profit down 14
percent but confirmed its 2009 targets. [nLS840253]

LOTTOMATICA
The Italian gaming company would only be interested in
acquiring stakes in British lottery operator Camelot at "a very
attractive price", Chairman Lorenzo Pellicioli said Tuesday as
first-quarter results beat expectations. [nLS819897]

INTESA SANPAOLO
The bank's shareholder foundations are in full agreement
about supporting management, Cariplo foundation Chairman
Giuseppe Guzzetti told Il Sole 24 Ore. Since Friday Intesa
Sanpaolo has seen the first shifts among shareholders since the
2006 merger that created the bank.

* The consultation accord between Assicurazioni Generali
and France's Credit Agricole could be
altered before being filed with the bourse regulator in order to
deal with antitrust concerns, MF said.

UNICREDIT
* The bank holds its annual shareholders' meeting. Il
Giornale, citing rumours, said the number of vice chairman
positions would fall to four from five and Libya's central bank
governor Farhat Omar Bin Guidara would hold one.

The bank appointed Marina Natale as chief financial officer,
replacing Ranieri de Marchis who moves to head of audit. Natale
is currently responsible for Private Banking.

BANCA MONTE DEI PASCHI DI SIENA
The bank made a 4.4 billion euro mortgage-backed
securitisation. [nMAT009487]

* TELECOM ITALIA
Italy has asked for "respect for law" as regards Telecom
Argentina , Il Sole 24 Ore said.

SEAT PAGINE GIALLE
UBS raised its rating on the directories publisher to
"neutral" from "sell".

AUTOGRILL
UBS raised its price target on the catering company to six
euros from 4.4 euros, rated "neutral".

SMALL AND MID-CAPS
CATTOLICA ASSICURAZIONE
The Bank of Italy is investigating the strategic partnership
between the insurer and unlisted Banca Popolare di Vicenza, Il
Sole 24 Ore said. The central bank is probing whether the
alliance is in line with Pop Vicenza's governance rules.

FASTWEB
The broadband operator swung to a slight first-quarter
profit boosted by growth in customers and lower capital
spending. [nLS409519]

* CAMFIN
Chairman Marco Tronchetti Provera told shareholders that
information about his holding company's debt restructuring would
arrive next week, several newspapers said. Camfin has exercised
its put option to sell GDF Suez SA 40 percent of
Energia e Investimenti, he said. Camfin holds a majority stake
in Pirelli & C SpA , an industrial group.

IRIDE , ENIA
Shareholders in Enia, the north Italy utility, have approved
a merger plan with Iride, a company spokesman said. The deal is
still subject to approval by Iride shareholders, who include the
city of Turin. [nLS817649]

* GEMINA
A merger with Aeroporti di Roma is not on the table because
of obstacles of debt and airport concessions, Gemina Chairman
Guido Angiolini was quoted saying by Finanza Mercati at the
shareholders' assembly.

BIALETTI INDUSTRIE
The company reached agreement with most creditors to keep
credit lines open for another year as it puts together a new
business plan by June 30, 2009. [nLS842381]

D'AMICO INTERNATIONAL SHIPPING
JP Morgan cuts its price target to 0.93 euro from 1.52
euros, rates "neutral".

SAFILO
Moody's lowered its corporate family rating to B3.
[nWNA2754]

COMPANY RESULTS
The following companies are among those reporting
first-quarter results:
PIAGGIO , INDESIT

The following companies are among those holding annual
shareholders' meetings:
BANCA MONTE DEI PASCHI DI SIENA , UNICREDIT
, FINMECCANICA , LUXOTTICA , ENEL

((Milan newsroom, +39 02 6612 9507, fax +39 02 801149,
milan.newsroom@news.reuters.com))

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......

For pan-European market data and news, click on codes in
brackets:
European Equities speed guide...................
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.........
Western European IPO diary..........................
European Asset Allocation........................[EUR/ASSET]
Reuters News at a Glance: Equities...............[TOP/EQE]
Main currency report:...............................[FRX/]
Keywords: ITALY MARKETS/FACTORS

Keywords: ITALY MARKETS/FACTORS

Keywords: ITALY MARKETS/FACTORS

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nLS841046
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