> Finance & Stock Exchange > Markets > FOTB
Italian Stocks - Factors to watch on May 26
Reuters: [2008-05-26 08:44:00]
MILAN, May 26 (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 (*).
ENI <ENI.MI>, SUEZ <LYOE.PA>, DISTRIGAS <DISTy.BR>
Italy's oil and gas group Eni and French utility Suez SA,
looking to sell its Belgian natural gas trading arm Distrigas,
are in exclusive talks for a sale by Thursday, Suez said on
Saturday.
For a story, double click on [nL24424043].
In exchange for a 57 percent stake in Distrigas, Eni would
offer Suez a virtual power plant production equal to output of
two combined-cycle power stations for 15 years, several
newspapers quoted Eni Chief Executive Officer Paolo Scaroni as
saying on Sunday.
It would also offer options of gas supplies to Italy,
Germany and Spain for 15 years and stakes in gas deposits in the
Gulf of Mexico and Britain, on top of a gas distribution network
in Rome.
The likely deal would strengthen Eni's role as the leading
gas sales operator in Europe, boosting its share of the European
gas sales market to 26-27 percent from 19 percent, Scaroni said.
ENIA <EN.MI>, HERA <HRA.MI>, IRIDE <IRD.MI>
The boards of regional utilities Enia, Hera and Iride are
expected to sign a letter of intent for a three-way merger, a
source has told Reuters.
The new entity is likely to become Italy's second-biggest
regional utility after A2A <A2.MI> with a market capitalisation
of about 5.3 billion euros and a net debt of about 3.3 billion
euros, Il Sole 24 Ore reported on Sunday.
The cities that control the utilities would hold a 48.5
percent stake in the merged group.
FIAT <FIA.MI>, CHRYSLER [CBS.UL]
The Italian car maker has held talks with U.S. rival
Chrysler in recent weeks over various forms of cooperation, Alfa
Romeo brand chief Luca De Meo told German magazine
WirtschaftsWoche in a story published on Saturday.
Such a move would save money for Fiat, as European exporters
suffer from the strong euro, and mark a return of the Alfa Romeo
brand to the U.S. market after withdrawing it in 1995.
For a story, double click on [nL24346852].
FINMECCANICA <SIFI.MI>
Finmeccanica and U.S. aircraft maker Boeing Co. <BA.N> are
close to an agreement on joint marketing, sales, training and
support of military training planes Alenia Aermacchi M-346 made
by a Finmeccanica unit. The deal would focus on Singapore and is
likely to involve Singapore Technologies Engineering Ltd.
<STEG.SI>, Il Sole 24 Ore and Il Giornale reported on Sunday.
The government has confirmed Pier Francesco Guarguaglini in
his current post as chairman of the aerospace and defence
company.
For a story, double click on [nRAT003828].
ENEL <ENEI.MI>
Italy's Ministry of Economic Development has awarded Enel
the rights to convert the depleted Romanengo natural gas field
to a gas storage site, a source familiar with the matter said on
Friday.
For a story, double click on [nL2311150].
Italy would be able to cut costly imports of oil and gas by
20 percent and households' and companies' power bills would drop
by 20-30 percent if the country relaunched nuclear energy banned
20 years ago, Enel Chief Executive Officer Fulvio Conti said in
an interview with Il Messaggero newspaper published on Saturday.
Dutch power utility Essent is talking to foreign peers,
including Enel, in a bid to find a buyer to boost its value,
daily Het Financieele Dagblad reported on Monday.
For a story, double click on [nL2651366].
ENI, SNAM RETE GAS <SRG.MI>
The head of Italy's antitrust regulator, Antonio Catricala,
said on Friday he favoured oil and gas group Eni selling its gas
network Snam Rete Gas, but only if Snam becomes a part of a
unified Europe-wide network.
TELECOM ITALIA <TLIT.MI>
The head of Italy's communications regulator, Corrado
Calabro, told La Repubblica on Monday he hoped to reach an
agreement on the separation of the operator's fixed-line phone
network by July.
He also says 95 percent of the obstacles to laying down
fibre optic cables is bureaucractic.
IMPREGILO <IPGI.MI>
Italy's biggest listed construction group is expected to see
revenues rising 4 percent to 2.75 billion euros in 2008 and post
operating profit of 220 million euros, Il Sole 24 Ore said in
its "Letter to the Investor" on Sunday.
* The construction company should finish a trash incinerator
outside Naples, civil protection chief Guido Bertolaso said. Il
Sole 24 Ore said on Saturday that Lombardy utility A2A <A2.MI>
and Naples utility Asia were candidates to run the site, which
would help ease Naples' trash crisis.
AS ROMA <ASR.MI>
AS Roma's Italian Cup final victory may be the Sensi
family's last triumph as owners amid renewed speculation that
billionaire U.S. financier George Soros is close to buying the
Italian club.
For a story, double click on [nL25607551].
UBI BANCA <UBI.MI>, BANCO POPOLARE <BAPO.MI>
UBI Banca said on Friday the idea it could merge with rival
Banco Popolare was groundless, in response to a report in
Italian weekly newsmagazine Il Mondo.
For a story, double click on [nMAT008226].
ALITALIA <AZPIa.MI>
The carrier's board meets.
((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...... <IT-LEN>
For pan-European market data and news, click on codes in
brackets:
European Equities speed guide...................<EUR/EQUITY>
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.........<EQUITYPOLL1>
Western European IPO diary..........................<WEUIPO>
European Asset Allocation........................[EUR/ASSET]
Reuters News at a Glance: Equities...............[TOP/EQE]
Main currency report:...............................[FRX/]
Keywords: ITALY MARKETS/FACTORS
Italian Stocks - Factors to watch on May 26
Reuters: [2008-05-26 08:23:00]
MILAN, May 26 (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 (*).
ENI <ENI.MI>, SUEZ <LYOE.PA>, DISTRIGAS <DISTy.BR>
Italy's oil and gas group Eni and French utility Suez SA,
looking to sell its Belgian natural gas trading arm Distrigas,
are in exclusive talks for a sale by Thursday, Suez said on
Saturday.
For a story, double click on [nL24424043].
In exchange for a 57 percent stake in Distrigas, Eni would
offer Suez a virtual power plant production equal to output of
two combined-cycle power stations for 15 years, several
newspapers quoted Eni Chief Executive Officer Paolo Scaroni as
saying on Sunday.
It would also offer options of gas supplies to Italy,
Germany and Spain for 15 years and stakes in gas deposits in the
Gulf of Mexico and Britain, on top of a gas distribution network
in Rome.
The likely deal would strengthen Eni's role as the leading
gas sales operator in Europe, boosting its share of the European
gas sales market to 26-27 percent from 19 percent, Scaroni said.
ENIA <EN.MI>, HERA <HRA.MI>, IRIDE <IRD.MI>
The boards of regional utilities Enia, Hera and Iride are
expected to sign a letter of intent for a three-way merger, a
source has told Reuters.
The new entity is likely to become Italy's second-biggest
regional utility after A2A <A2.MI> with a market capitalisation
of about 5.3 billion euros and a net debt of about 3.3 billion
euros, Il Sole 24 Ore reported on Sunday.
The cities that control the utilities would hold a 48.5
percent stake in the merged group.
* FIAT <FIA.MI>, CHRYSLER [CBS.UL]
The Italian car maker has held talks with U.S. rival
Chrysler in recent weeks over various forms of cooperation, Alfa
Romeo brand chief Luca De Meo told German magazine
WirtschaftsWoche in a story published on Saturday.
Such a move would save money for Fiat, as European exporters
suffer from the strong euro, and mark a return of the Alfa Romeo
brand to the U.S. market after withdrawing it in 1995.
For a story, double click on [nL24346852].
FINMECCANICA <SIFI.MI>
Finmeccanica and U.S. aircraft maker Boeing Co. <BA.N> are
close to an agreement on joint marketing, sales, training and
support of military training planes Alenia Aermacchi M-346 made
by a Finmeccanica unit. The deal would focus on Singapore and is
likely to involve Singapore Technologies Engineering Ltd.
<STEG.SI>, Il Sole 24 Ore and Il Giornale reported on Sunday.
The government has confirmed Pier Francesco Guarguaglini in
his current post as chairman of the aerospace and defence
company.
For a story, double click on [ID:nRAT003828].
ENEL <ENEI.MI>
Italy's Ministry of Economic Development has awarded Enel
the rights to convert the depleted Romanengo natural gas field
to a gas storage site, a source familiar with the matter said on
Friday.
For a story, double click on [nL2311150].
Italy would be able to cut costly imports of oil and gas by
20 percent and households' and companies' power bills would drop
by 20-30 percent if the country relaunched nuclear energy banned
20 years ago, Enel Chief Executive Officer Fulvio Conti said in
an interview with Il Messaggero newspaper published on Saturday.
* Dutch power utility Essent is talking to foreign peers,
including Enel, in a bid to find a buyer to boost its value,
daily Het Financieele Dagblad reported on Monday.
For a story, double click on [nL2651366].
ENI, SNAM RETE GAS <SRG.MI>
The head of Italy's antitrust regulator, Antonio Catricala,
said on Friday he favoured oil and gas group Eni selling its gas
network Snam Rete Gas, but only if Snam becomes a part of a
unified Europe-wide network.
* TELECOM ITALIA <TLIT.MI>
The head of Italy's communications regulator, Corrado
Calabro, told La Repubblica on Monday he hoped to reach an
agreement on the separation of the operator's fixed-line phone
network by July.
He also says 95 percent of the obstacles to laying down
fibre optic cables is bureaucractic.
IMPREGILO <IPGI.MI>
Italy's biggest listed construction group is expected to see
revenues rising 4 percent to 2.75 billion euros in 2008 and post
operating profit of 220 million euros, Il Sole 24 Ore said in
its "Letter to the Investor" on Sunday.
AS ROMA <ASR.MI>
AS Roma's Italian Cup final victory may be the Sensi
family's last triumph as owners amid renewed speculation that
billionaire U.S. financier George Soros is close to buying the
Italian club.
For a story, double click on [nL25607551].
UBI BANCA <UBI.MI>, BANCO POPOLARE <BAPO.MI>
UBI Banca said on Friday the idea it could merge with rival
Banco Popolare was groundless, in response to a report in
Italian weekly newsmagazine Il Mondo.
For a story, double click on [nMAT008226].
ALITALIA <AZPIa.MI>
The carrier's board meets.
((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...... <IT-LEN>
For pan-European market data and news, click on codes in
brackets:
European Equities speed guide...................<EUR/EQUITY>
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.........<EQUITYPOLL1>
Western European IPO diary..........................<WEUIPO>
European Asset Allocation........................[EUR/ASSET]
Reuters News at a Glance: Equities...............[TOP/EQE]
Main currency report:...............................[FRX/]
Keywords: ITALY MARKETS/FACTORS
Swiss stocks - Factors to watch on May 26
Reuters: [2008-05-26 08:19:00]
ZURICH, May 26 (Reuters) - Swiss shares were seen opening lower on Monday, in line with other European markets, after Wall Street stocks posted their worst decline in three months last week and Asian stocks fell as concerns about inflation rose.
The blue-chip SMI index <.SSMI> was seen opening down 10 points at 7,450 points, according to pre-market data from bank Clariden Leu <CLPRE>.
The following are some of the main factors expected to affect Swiss stocks on Monday:
NOVARTIS <NOVN.VX>
Novartis said on Monday its drug Extavia had been approved in the European Union for the treatment of multiple sclerosis. The Swiss drugmaker also said the launch of Extavia for early and relapsing forms of multiple sclerosis is planned for the U.S. and Europe in first half of 2009.
For related news, click on [NOVN.VX-RTRS-LEN]
UBS <UBSN.VX>, CREDIT SUISSE <CSGN.VX>
The Swiss federal banking regulator EBK is in the process of raising capital reserve requirements for investment banks, its president said in an interview published on Sunday.
For related news, click on [BNK-CH-RTRS-LEN]
IMPLENIA <IMPN.S>
Austrian construction company Strabag is interested in buying Swiss rival Implenia, according to a newspaper report on Sunday.
For related news, click on [IMPN.S-RTRS-LEN]
SWISS RE <RUKN.VX>
Swiss Re, the world's biggest reinsurance company, is in talks with four Asian governments about insurance policies that would pay out hundreds of millions of dollars in emergency funding after a natural disaster, the Financial Times reported.
A government would get immediate funding that could allow it to avoid having rapidly to tap international markets or change budget spending plans.
For related news, click on [RUKN.VX-RTRS-LEN]
COMPANY STATEMENTS [CNR-CH]
* Nestle <NESN.VX> share split to become effective on 30 June 2008 [NESN.VX-CNR]
* Deutsche Bank reports a shareholding in Adecco <ADEN.VX> of 0.70 percent [ADEN.VX-CNR]
* Arpida <ARPN.S> enrols first patients in "intravenous-to-oral" switch trial with oral Iclaprim [ARPN.S-CNR]
* SGS <SGSN.VX> acquires Western Geotechnics Group [SGSN.VX-CNR]
* Swiss Prime Site <SPSN.S> - Quarterly report as of March 31 2008 [SPSN.S-CNR]
EQUITY RESEARCH [CH-RCH]
FOR COMPANIES TRADING EX-DIVIDEND, PLEASE CLICK ON:
<.EX.S> for all Swiss stocks
<.EXSMI.S> for blue chips
<.EXNSMI.S> for other stocks
((Zurich newsroom +41 58 306 7340, fax 41 44 251 0476, zurich.newsroom@news.reuters.com))
Keywords: MARKETS SWISS STOCKS
((Xtra clients: for Top News Pages in multimedia Web format,
double click on http://topnews.session.rservices.com
FOR RELATED PRICES, NEWS AND OTHER TOPICS, DOUBLE-CLICK ON:
Daily Swiss stock market report in German................[.SDE]
Daily pan-European stocksdex SMI moves..................<.SSMI>
All SMI constituent stocks............................<0#.SSMI>
News on major Swiss stock price moves..................[CH-HOT]
Table on major world stock market performance........... [.STX]
FTSE Eurotop 300 index................................ <.FTEU3>
DJ STOXX index........................................ <.STOXX>
Top 10 STOXX sectors............................. <.PGL.STOXXS>
Top 10 EUROSTOXX sectors........................ <.PGL.STOXXES>
Top 10 Eurotop 300 sectors....................... <.PGL.FTEU3S>
Top 25 European pct gainers... <.PG.PEUR>, losers... <.PL.PEUR>
Swiss mid-cap index <.SSMI> SMI futures <0#SMI:>
Swiss all-share index <.SSHI> Market statistics <CH/STATS1>
Swiss market digest <.AD.S> Sector overview <CH/SECTOR1>
All Swiss news [CH] Swiss diary [CH/DIARY]
Swiss research news [CH-RCH] Virt-x sectors <VX/SECTOR1>
All equity news [E] Virt-x price index <.VMIP>
INTERNET ADDRESSES: Virt-x www.virt-x.com
Swiss Exchange www.swx.ch/ SEGAIntersettle www.sega.ch/
Eurex www.eurexchange.com STOXX Ltd www.stoxx.com
SPEED GUIDES: <VX/EQUITY> <EQUITY> <EQUITY/NEWS1> <EUR/EQUITY>
<SWITZERLAND> <REUTERS>
Keywords: Swiss shares XREF
Swiss stocks - Factors to watch on May 26
Reuters: [2008-05-26 07:29:00]
ZURICH, May 26 (Reuters) - The following are some of the main factors expected to affect Swiss stocks:
NOVARTIS <NOVN.VX>
Novartis said on Monday its drug Extavia had been approved in the European Union for the treatment of multiple sclerosis. The Swiss drugmaker also said the launch of Extavia for early and relapsing forms of multiple sclerosis is planned for the U.S. and Europe in first half of 2009.
For related news, click on [NOVN.VX-RTRS-LEN]
UBS <UBSN.VX>, CREDIT SUISSE <CSGN.VX>
The Swiss federal banking regulator EBK is in the process of raising capital reserve requirements for investment banks, its president said in an interview published on Sunday.
For related news, click on [BNK-CH-RTRS-LEN]
IMPLENIA <IMPN.S>
Austrian construction company Strabag is interested in buying Swiss rival Implenia, according to a newspaper report on Sunday.
For related news, click on [IMPN.S-RTRS-LEN]
SWISS RE <RUKN.VX>
Swiss Re, the world's biggest reinsurance company, is in talks with four Asian governments about insurance policies that would pay out hundreds of millions of dollars in emergency funding after a natural disaster, the Financial Times reported.
A government would get immediate funding that could allow it to avoid having rapidly to tap international markets or change budget spending plans.
For related news, click on [RUKN.VX-RTRS-LEN]
COMPANY STATEMENTS [CNR-CH]
* Nestle <NESN.VX> share split to become effective on 30 June 2008 [NESN.VX-CNR]
* Deutsche Bank reports a shareholding in Adecco <ADEN.VX> of 0.70 percent [ADEN.VX-CNR]
* Arpida <ARPN.S> enrols first patients in "intravenous-to-oral" switch trial with oral Iclaprim [ARPN.S-CNR]
* SGS <SGSN.VX> acquires Western Geotechnics Group [SGSN.VX-CNR]
* Swiss Prime Site <SPSN.S> - Quarterly report as of March 31 2008 [SPSN.S-CNR]
EQUITY RESEARCH [CH-RCH]
FOR COMPANIES TRADING EX-DIVIDEND, PLEASE CLICK ON:
<.EX.S> for all Swiss stocks
<.EXSMI.S> for blue chips
<.EXNSMI.S> for other stocks
((Zurich newsroom +41 58 306 7340, fax 41 44 251 0476, zurich.newsroom@news.reuters.com))
Keywords: MARKETS SWISS STOCKS
((Xtra clients: for Top News Pages in multimedia Web format,
double click on http://topnews.session.rservices.com
FOR RELATED PRICES, NEWS AND OTHER TOPICS, DOUBLE-CLICK ON:
Daily Swiss stock market report in German................[.SDE]
Daily pan-European stocksdex SMI moves..................<.SSMI>
All SMI constituent stocks............................<0#.SSMI>
News on major Swiss stock price moves..................[CH-HOT]
Table on major world stock market performance........... [.STX]
FTSE Eurotop 300 index................................ <.FTEU3>
DJ STOXX index........................................ <.STOXX>
Top 10 STOXX sectors............................. <.PGL.STOXXS>
Top 10 EUROSTOXX sectors........................ <.PGL.STOXXES>
Top 10 Eurotop 300 sectors....................... <.PGL.FTEU3S>
Top 25 European pct gainers... <.PG.PEUR>, losers... <.PL.PEUR>
Swiss mid-cap index <.SSMI> SMI futures <0#SMI:>
Swiss all-share index <.SSHI> Market statistics <CH/STATS1>
Swiss market digest <.AD.S> Sector overview <CH/SECTOR1>
All Swiss news [CH] Swiss diary [CH/DIARY]
Swiss research news [CH-RCH] Virt-x sectors <VX/SECTOR1>
All equity news [E] Virt-x price index <.VMIP>
INTERNET ADDRESSES: Virt-x www.virt-x.com
Swiss Exchange www.swx.ch/ SEGAIntersettle www.sega.ch/
Eurex www.eurexchange.com STOXX Ltd www.stoxx.com
SPEED GUIDES: <VX/EQUITY> <EQUITY> <EQUITY/NEWS1> <EUR/EQUITY>
<SWITZERLAND> <REUTERS>
Keywords: Swiss shares XREF
Italian Stocks - Factors to watch on May 26
Reuters: [2008-05-26 07:12:00]
MILAN, May 26 (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 (*).
ENI <ENI.MI>
Italy's biggest oil and gas group Eni and French utility
Suez SA <LYOE.PA>, looking to sell its Belgian natural gas
trading arm Distrigas <DISTy.BR>, have entered into exclusive
talks aiming to sign a definitive sale agreement by Thursday,
Suez said on Saturday.
For a story, double click on [nL24424043]
Eni would offer Suez a virtual power plant production equal
to output of two combined-cycle power stations for 15 years,
options of gas supplies to Italy, Germany and Spain for 15 years
and stakes in gas deposits in the Gulf of Mexico and in Britain,
on top of gas distribution network in Rome in an asset swap to
get a 57 percent stake in Distrigas, several newspapers quoted
Eni Chief Executive Officer Paolo Scaroni as saying on Sunday.
The likely deal would strengthen Eni's role as the leading
gas sales operator in Europe, boosting its share of the European
gas sales market to 26-27 percent from 19 percent, Scaroni said.
ENIA <EN.MI>, HERA <HRA.MI>, IRIDE <IRD.MI>
The boards of regional utilities Enia, Hera and Iride are
expected to sign a letter of intent for a merger, a source has
said.
The new entity is likely to become Italy's second-biggest
regional utility after A2A <A2.MI> with a market capitalisation
of about 5.3 billion euros and a net debt of about 3.3 billion
euros, Il Sole 24 Ore reported on Sunday. City halls controlling
the three utilities would hold a 48.5 percent stake in the
merged group.
ALITALIA <AZPIa.MI>
The ailing carrier's board meets.
FINMECCANICA <SIFI.MI>
The government has confirmed Pier Francesco Guarguaglini in
his current post as chairman of the aerospace and defence
company.
For a story, double click on [ID:nRAT003828].
Finmeccanica and U.S. aircraft maker Boeing Co. <BA.N> are
close to an agreement on joint marketing, sales, training and
support of military training planes Alenia Aermacchi M-346 made
by a Finmeccanica unit. The deal would focus on Singapore and is
likely to involve Singapore Technologies Engineering Ltd.
<STEG.SI>, Il Sole 24 Ore and Il Giornale reported on Sunday.
ENEL <ENEI.MI>
Italy's Ministry of Economic Development has awarded Enel
the rights to convert the depleted Romanengo natural gas field
to a gas storage site, a source familiar with the matter said on
Friday.
For a story, double click on [nL2311150].
Italy would be able to cut costly imports of oil and gas by
20 percent and households' and companies' power bills would drop
by 20-30 percent if the country relaunched nuclear energy banned
20 years ago, Enel Chief Executive Officer Fulvio Conti said in
an interview with il Messaggero newspaper published on Saturday.
ENI, SNAM RETE GAS <SRG.MI>
Italy's antitrust regulator is in favour of oil and gas
group Eni selling its gas network Snam Rete Gas, but only if
Snam becomes a part of a unified Europe-wide gas network,
Antitrust's head Antonio Catricala said on Friday.
IMPREGILO <IPGI.MI>
Italy's biggest listed construction group is expected to see
revenues rising 4 percent to 2.75 billion euros in 2008 and post
operating profit of 220 million euros, Il Sole 24 Ore said in
its "Letter to the Investor" on Sunday.
AS ROMA <ASR.MI>
AS Roma's Italian Cup final victory may be the Sensi
family's last triumph as owners amid renewed speculation that
billionaire U.S. financier George Soros is close to buying the
Italian club.
For a story, double click on [nL25607551].
UBI BANCA <UBI.MI>
UBI Banca said on Friday the idea it could merge with rival
Banco Popolare <BAPO.MI> was groundless, in response to a report
in Italian weekly newsmagazine Il Mondo.
For a story, double click on [nMAT008226]
((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...... <IT-LEN>
For pan-European market data and news, click on codes in
brackets:
European Equities speed guide...................<EUR/EQUITY>
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.........<EQUITYPOLL1>
Western European IPO diary..........................<WEUIPO>
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
Keywords: ITALY MARKETS/FACTORS
Next: Swiss stocks - Factors to watch on May 26