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Italian Stocks - Factors to watch on Dec 15

 MILAN, Dec 15 (Reuters) - The following factors could affect
Italian markets on Tuesday.
 Reuters has not verified the newspaper reports, and cannot
vouch for their accuracy. New items are marked with (*).
 FIAT FIA.MI
 The group has no need to find an Asian partner to match
recent tie-ups by European competitors with Japanese car makers,
its chairman Luca di Montezemolo told Reuters on Monday in an
interview. He said the Alfa Romeo brand will not be sold under
any circumstances. [ID:nTST000051]
 China's Chery Automobile denied media reports about a
possible purchase of a Fiat car plant in Sicily, according to
comments by Chery's chairman in an interview published on a
Chinese internet portal.[ID:nTOE5BE03F]

  * Fiat's November new car registrations in EU and EFTA
countries rose 27.7 percent from a year earlier with its market
share rising to 8.2 percent from 8.1 percent, the ACEA European
car makers association said on Tuesday.
 
 MONTE PASCHI BMPS.MI, INTESA SANPAOLO ISP.MI
 Banca Monte dei Paschi di Siena has won an extension from
Italy's antitrust authority to a deadline for selling branches,
even as the Siena bank agreed to sell 50 branches to Intesa
Sanpaolo. [ID:nLDE5BD25F]
 Intesa Sanpaolo's supervisory and management boards meet on
Tuesday and are expected to discuss Intesa's plan for about 11
billion euros of non-core assets, Corriere della Sera said in an
unsourced report.
  * Il Messaggero said in an unsourced report that the
management board will not look at the Banca Fideuram dossier
adding an IPO with a strategic partner is still planned with a
decision pushed back to Jan. 12.

  * Morgan Stanley raised its rating on Monte Paschi to
"equalweight" from "underweight".
 
  * UNICREDIT CRDI.MI 
 The bank's leasing unit is strengthening its activities in
Europe and is looking out to expand in China and North Africa
even if it is too early to talk of concrete projects, the unit's
chief Luca Lorenzi was quoted saying in MF.
 The bank's board meets on Tuesday to discuss a
reorganisation plan.
 
  * BANCO POPOLARE BAPO.MI
 The bank will make a profit in 2009 and foresees a positive
result in 2010, CEO Pier Francesco Saviotti told Verona
newspaper Arena in an interview quoted by Finanza & Mercati.
 
 TELECOM ITALIA TLIT.MI
 The fixed-line telephone network is a natural monopoly and
the various telecom operators in Italy must cooperate in its
development, government consultant for broadband development
Francesco Caio said on Monday.
 
 MEDIASET MS.MI
 The government plans to cut the amount of advertising that
News Corp NWSA.O satellite pay-TV unit Sky Italia can
broadcast to 12 percent an hour, from 18 percent, La Repubblica
said citing a draft of a decree.
 
  * Mediaset's Spanish unit Telecinco TL5.MC is working on an
800-850 million euro offer for Spanish television activities
belonging to Prisa PRS.MC, MF said without citing sources.
 
 ENI ENI.MI
 The chief executive of the group attended the inauguration
on Monday of a gas pipeline in Turkmenistan, two weeks after
saying Eni was considering a gas project in the country.
[ID:nLDE5BD28X]
 
 ENEL ENEI.MI
 The group is interested in taking a stake in the French new
nuclear plant planned for Penly, a spokeswoman said on Monday.
Enel currently has a 12.5 percent stake in the EPR being built
in Flamanville. [ID:nLDE5BD1SA]
 
  * Bank of America Merrill Lynch cut its rating on the Italian
utility to "underperform" from "neutral".
 
  * IMPREGILO IPGI.MI
 The constructor's board decided on Monday to examine in more
depth its offer for Lamaro's Appalti's 20 percent stake in
CityLife, the 2 billion euro project to develop Milan's old
exhibition site, MF said in an unsourced report.
 
 FASTWEB FWB.MI
 The company is not interested in Tiscali TIS.MI and is
looking to grow in Italy by focusing on offering small and
medium enterprises telecom services, its CEO Stefano Parisi said
on Monday.
 
 FERRERO
 Cadbury CBRY.L chairman Roger Carr said Hershey HSY.N
and Italy's Ferrero had both indicated they were contemplating
bids, adding serious negotiations would only start if a
compelling and fully-financed offer emerged. [ID:nGEE5BA1YP]
 
 TAX AMNESTY
 The deadline for the government's tax amnesty expires on
Tuesday.

  * Funds repatriated via the amnesty could reach 115 billion
euros, Libero said citing sources in the tax authorities, adding
that the amnesty could be extended to the end of April.
 SMALL AND MID-CAPS
 
  * ACEA ACE.MI
 The Rome utility's board is due to meet Tuesday afternoon to
finalise a revamp of its alliance with GDF Suez GSZ.PA after
talks between the two continued late on Monday, MF said in an
unsourced report.
 
 Bank of America Merrill Lynch cuts its price target on Acea
to 11 euros, from 12 euros, with a rating of "buy".
 
 BANCA CARIGE CRGI.MI
 Fondazione Carige, the Genoa bank's largest shareholder with
44 percent, has dropped plans for a written shareholder pact
with France's CNCE, which has 14.9 percent, opting for a less
formal deal, Il Sole 24 Ore said.
 "A handshake is enough as a sign of loyal links and
reciprocal respect," the foundation's president Flavio Repetto
was quoted saying in the paper.
IT HOLDING ITH.MI
 The group's cashmere brand Malo is said to have received two
binding offers, both expiring by the end of the month, Corriere
della Sera said. Citing sources close to the dossier, it said
one of the offers is said to come from management -- IT Holding
is in administration since February and the industry ministry
should approve a commissioners' plan for it by end-year.
 
 IL SOLE 24 ORE S24.MI
 The publisher's board has accepted the resignation of CEO
Claudio Calabi, the company said in a statement on Monday adding
the search for a successor continues.
 





































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