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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 .ECONOMYISTAT releases June non-EU foreign trade data (0800 GMT).DEBTTreasury sells 6.5 billion euros 6-month BOT bills. Subscriptions close at 0900 GMT.COMPANIESSTELLANTIS 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:BGNMediobanca'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...
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