MILAN, March 30 (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 (*).
FIAT (FIA.MI), CHRYSLER [CBS.UL]
The U.S. administration's autos task force rejected on
Monday the turnaround plans of General Motors Corp GM.N and
Chrysler LLC, saying both of them could be put through
bankruptcy to slash debts.
The task force has given Chrysler 30 days to complete an
alliance with Fiat or face a cut-off of its government funding
that could force its liquidation.
Fiat has agreed to take less than the 35 percent stake in
Chrysler that the two companies had first negotiated, a senior
U.S. official told Reuters. [ID:nSP207882]
Ahead of the decision, the boards of Chrysler LLC and Fiat
had given executives approval to complete an alliance deal,
according to people with knowledge of the discussions. The deal,
however, had hinged on the terms for additional aid for the
struggling Detroit automaker. [ID:nN28298009]
* TISCALI (TIS.MI), CARPHONE WAREHOUSE (CPW.L)
Carphone Warehouse is considering a last-minute bid for
Tiscali's British broadband business, according to the Daily
Telegraph on Monday. [ID:nMAT009375]
Debt-laden Internet company Tiscali said late on Friday its
creditor banks had agreed to suspend its debt repayments, adding
it was confident debt restructuring talks would conclude
positively. [ID:nN27282938]
Tiscali shareholders could decide on plans for a capital
increase when they meet at the end of April, La Stampa said on
Sunday without citing sources.
LOTTOMATICA (LTO.MI)
Italian gaming company said the online lottery contract from
the U.S. state of Louisiana would be awarded to another
operator. [ID:nMAT009374]
ATLANTIA (ATL.MI)
In a presentation to investors in London on Monday, Chief
Executive Giovanni Castellucci said the toll-road operator's
earnings before interest, tax, depreciation and amortisation
(EBITDA) would grow by an average 4 percent per year between
2010 and 2012. [ID:nLU228795]
ENI (ENI.MI)
The energy group is looking at options for its Venice
refinery, La Repubblica's Affari & Finanza supplement reports on
Monday; commercial or industrial partners could be interested in
it.
ACEA (ACE.MI), GDF SUEZ (GSZ.PA)
Rome-based utility company has named Marco Staderini as its
chief executive, replacing Andrea Magnoni, it said on Saturday
after a board meeting that approved 2008 results. [ID:nLS324142]
Mangoni resigned at the beginning of March, raising
speculation the city-controlled company would revisit accords
with France's GDF Suez, which has a 9.9 percent of Acea.
GDF Suez blessed Staderini's appointment. In an official
note sent via email, it said "the appointment of the new CEO is
in line with discussions GDF Suez management has previously had
with Rome Mayor and other Acea shareholders."
On Saturday, Milano Finanza quoted Staderini as saying talks
over ties with GDF Suez should be quick.
BANCA ITALEASE (BIL.MI), BANCO POPOLARE (BAPO.MI)
The leasing company posted a 2008 net loss of 1.09 billion
euros and said a planned buy-out offer from Banco Popolare was
the only solution to keep it operating. [ID:nLT667174]
FONDIARIA-SAI (FOSA.MI), MILANO ASSICURAZIONI (ADMI.MI)
The insurer's chief executive repeated that he saw no need
of merging with unit Milano Assicurazioni. In an interview on
Saturday's Milano Finanza, he said stakes in Generali (GASI.MI)
and RCS (RCSM.MI) could be increased or reduced depending on
opportunities, while the one in Impregilo (IPGI.MI) would be
maintained.
IRIDE (IRD.MI), ENIA (EN.MI)
Utility company Iride said on Friday it proposed an
unchanged dividend of 0.085 euros a share after 2008 net profit
rose 3.5 percent to 111 million euros on 10 percent revenue
growth.
Its merger partner, Enia, raised its dividend by 75 percent
to 0.357 euros a share after its net profit rose 28 percent to
35.1 million euros and revenues grew 14 percent in 2008.
[ID:nN27266066]
SEAT PAGINE GIALLE (PGIT.MI)
Its 200 million euro capital hike starts and ends April 17.
* COMPANY RESULTS
The following are some of the companies reporting results:
BIALETTI (BIA.MI)
SOPAF (SPFI.MI)
