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Italy - Factors to watch on July 29
Italy - Factors to watch on July 29

About this update from Infrastrutture Wireless Italiane S.p.a.
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 (*). For a complete list of diary events in Italy please click on . ECONOMY ISTAT releases June non-EU foreign trade data (0800 GMT). DEBT Treasury sells 6.5 billion euros 6-month BOT bills. Subscriptions close at 0900 GMT. COMPANIES STELLANTIS MIL:STLAM (*) The carmaker guided on Tuesday for increased net revenues and a low-single digit operating income margin in the second half despite increasing headwinds, as the automaker aims for a gradual recovery after a tough first half. Conference call at 1200 GMT. WEBUILD (WDB.MI) The Italian government is expected to give the green light for a multibillion-euro bridge between Sicily and the mainland next week, paving the way for construction work to finally start on the long-awaited project, a source said on Monday. A consortium led by Italy's Webuild is responsible for the construction. (*) ENEL MIL:ENEL Spanish power utility Endesa BME:ELE , owned by the Italian energy giant, posted on Tuesday a 30% increase in first-half net profit and warned that the proposed remuneration framework for power grids investments in Spain doesn't offer the right incentives. (*) MEDIOBANCA MIL:MB , MONTE DEI PASCHI MIL:BMPS Mediobanca's biggest investor, Delfin, will continue to assess Monte dei Paschi's "very interesting" offer for the merchant bank, the chairman of the holding said on Tuesday. "Any possible adjustment in the bid which will reflect Mediobanca's market price would make the offer more attractive for investors," Francesco Milleri said in an interview with Italian daily Corriere della Sera. (*) MEDIOBANCA, GENERALI MIL:G BANCA GENERALI MIL:BGN Mediobanca's CEO and president have sent a letter in past days to top executives at Generali to urge a commitment, by August 6, for a potential distribution deal as part of the merchant bank's bid on Banca Generali, Il Sole 24 Ore reported on Tuesday. (*) MEDIOBANCA Two small Mediobanca investors, the Gavio and Lucchini families, part of the bank's shareholder pact, sold on Monday shares worth a total of 0.04% in the merchant bank, four filings showed. BANCA GENERALI Releases H1 results. (*) BPER MIL:BPE , POPOLARE SONDRIO MIL:BPSO BPER said on Monday that it secured 80.6% of Popolare di Sondrio tendered shares but conditions for the delisting of Pop Sondrio have not been met and its shares will continue to be traded on the Milan bourse. BPER added that it now holds more than 66.67% of Pop Sondrio's capital, giving it sufficient voting rights to approve resolutions at extraordinary shareholders' meetings, including a potential merger. (*) STMICROELECTRONICS EURONEXT:STMPA , EURONEXT:STMPA The French-Italian chipmaker pledged it will not close any plants nor will it layoff staff in Italy and confirmed its planned investments at its Catania and Agrate Brianza production sites after a meeting with trade unions and regional authorities on Monday, Italian media reported. BIALETTI (BIA.MI) Investment vehicle NUO Capital, through Octagon Bidco, has reached 96.431% of the Italian coffee pot maker's share capital, Bialetti said on Monday in a statement adding that its shares will be delisted on August 7. AMPLIFON MIL:AMP Releases H1 results, followed by conference call (1630 GMT). BREMBO MIL:BRE Releases H1 results, followed by conference call (1230 GMT). INWIT MIL:INW Releases H1 results. RECORDATI MIL:REC Releases H1 results. TERNA MIL:TRN Releases H1 results, followed by conference call (1600 GMT). DIARY Prime Minister Giorgia Meloni ends her visit to Ethiopia. Assogestioni expected to release June fund flows data (0900 GMT). ((Milan newsroom, e-mail: )) 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) FTSE IT allshare index FTSE:ITLMS FTSE Mib index .FTMIB FTSE Allstars index... FTSE:ITSTAR FTSE Mid Cap index (.FTITMC)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 FTSE:E3X DJ STOXX index TVC:SXXP 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 DJ:DJI Wall Street report Nikkei 225 TVC:NI225 Tokyo report FTSE 100CURRENCYCOM:UK100 London report Xetra DAX XETR:DAX Frankfurt market stories CAC-40 EURONEXT:PX1 Paris market stories World Indices(0#.INDEX) Reuters survey of world bourse outlook(EQUITYPOLL1) Western European IPO diary(WEUIPO) European Asset Allocation Reuters News at a Glance: Equities Main currency report:
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